Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal
LONDON : Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi rebels to announce a halt in attacks on ships in the Red Sea, after a
MSC launches feeder service connecting Vizhinjam Transshipment Terminal and Haldia Dock Complex
THIRUVANANTHPURAM : MSC has launched a feeder service connecting Vizhinjam Transshipment Terminal and Haldia Dock Complex of SMP Kolkata, reducing dependence on Colombo Port for Kolkata/Haldia trade. The
Maersk and Hapag-Lloyd dont see any immediate return to Red Sea
COPENHAGEN : Maersk and Hapag-Lloyd, stated on Thursday that they are not thinking of an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced. Both companies
World Shipping Council: Shipping Carriers move to prevent Deadly Charcoal Fires
WASHINGTON D.C. : The shipping industry is taking proactive steps to implement improved safety measures for transporting charcoal, ahead of mandatory IMO regulations in 2026. In response to
Drewry: World Container Index down 3% this week
LONDON : Drewry’s World Container Index decreased 3% to $3,855 per 40ft container this week. Drewry’s detailed assessment for Thursday, 16 January 2025 Source : Drewry
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
Dark fleet, decarbonization and geopolitical pressures remain top maritime focus areas in 2025 : IMO
LONDON : Range of pressing issues to be addressed this year by the world’s shipping regulator. Speaking at a news conference on 14 January 2025, Secretary-General Arsenio Dominguez
Product Tanker deliveries seen jumping 256% to 16-year high : BIMCO
LONDON : “According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to
Baltic Index down for third straight session on lower capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt
MSC sets Walvis Bay as transshipment hub
GENEVA : Mediterranean Shipping Company (MSC) has announced an update to its North West Continent (NWC) to South Africa service and the launch of two additional services, solidifying