Asia-USWC container rates nearing pre-Red Sea diversion levels
LONDON: Rates for shipping containers from east Asia and China to the US continued to fall this week, with rates to the US West Coast nearing where they
Baltic Exchange’s Container Report – Week 34
LONDON: While we have seen China and the United States extend their tariff pause for a further 90 days from 12 August, we wait to see if they
Orient Overseas (International) Limited announces 2025 Interim Results
HONG KONG: Orient Overseas (International) Limited (“OOIL”) Friday announced a profit attributable to equity holders of US$954.2 million for the six-month period ended 30th June 2025, compared to
Cubo Maritime & Port completes three years of fast-tracked decarbonisation, AI, and business dev
SAO PAULO: Completing three years of operation, Cubo Maritime & Port — Cubo Itaú’s sector hub in collaboration with Wilson Sons, Port of Açu, and Hidrovias do Brasil
Lower capesize rates drag Baltic Index to over 1-month low
LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fourth-straight session on Thursday, hitting an over one-month
DG Shipping Clarifies: No Ban on Foreign Seafarers’ Certificates; 30-Day Window for Verification
MUMBAI: The Directorate General of Shipping (DG Shipping) has issued a clarification dispelling rumours about a purported ban on foreign Certificates of Competency (CoCs). The maritime regulator confirmed
Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 4% to $2,250 per 40ft container
DG Shipping (SWFS) hosts Symposium on Seafarers’ Recruitment & Welfare today
MUMBAI: The Directorate General of Shipping (SWFS) is organizing a Symposium on Seafarers’ Recruitment & Welfare at the CIDCO Convention Centre, Vashi, bringing together eminent maritime leaders, industry
Parekh Marine, representing Arkas Line, in partnership with CONCOR, flags off Maiden Double Stack Re
DADRI: Parekh Marine, representing Arkas Line in India, took the initiative in partnership with the Container Corporation of India Ltd. (CONCOR) to flag off the maiden Double Stack
Anglo-Eastern selects Inmarsat’s NexusWave for Hadley Shipping Group
LONDON: Inmarsat Maritime, a Viasat company, has announced that Anglo-Eastern will upgrade Hadley Shipping Group’s fleet to Inmarsat’s fully managed bonded connectivity solution, NexusWave. Hadley Shipping Group is