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DG Shipping hosts Strategic Session on Gulf Crisis, Highlights Maritime Resilience and Seafarer Safety

MUMBAI: The Directorate General of Shipping (DGS) convened a high-level focused session on the Gulf Crisis and its implications for global maritime trade in...

DG Shipping launches 24×7 Grievance Redressal Mechanism for Seafarers and their Families

MUMBAI: In a significant step towards strengthening welfare and support services for India’s maritime community, the Directorate General of Shipping has launched a dedicated...

Maersk revises HLS for 20’ containers on Far East Asia–Europe trades

COPENHAGEN : Global shipping and logistics major A.P. Moller – Maersk has announced a revision to its Heavy Load Surcharge (HLS) applicable to all...

CONCOR and Maersk explore Strategic Collaboration to strengthen Multimodal Logistics Connectivity

NEW DELHI: State-owned logistics major Container Corporation of India Limited (CONCOR) and global integrated logistics leader A.P. Moller – Maersk have initiated discussions to...

China penalizes 9 international shipping lines and 7 NVOCCs for freight rate violations

BEIJING : China's Ministry of Transport has penalized a total of nine international container shipping lines and seven domestic non-vessel operation common carriers for...

New study maps the web of climate transition risks facing shipping and warns that siloed approaches to address them would not limit exposure

ROTTERDAM: A new white paper published on Wednesday argues that the sector's current fragmented approach to climate risk management leaves it dangerously exposed. The...

Official Spokesperson’s statement on the attack on an Indian-flagged ship off the coast of Oman

The attack on an Indian-flagged ship off the coast of Oman yesterday is unacceptable and we deplore the fact that commercial shipping and civilian...

IMO Secretary-General Raises Alarm Over Strait of Hormuz Crisis and Calls for Immediate Action at MSC 111

LONDON: The Secretary-General of the International Maritime Organization, Arsenio Dominguez, delivered a strong and urgent message on the escalating maritime crisis in the Strait...

Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply

SINGAPORE: Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait...

Baltic Dry Index hits over 5-Month High

LONDON: The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, edged higher on Thursday to a more...
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