Baltic Index hits near Two-Year Low on Weaker Rates across Vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in 23 months on
Will CMA CGM be the first liner to resume the Red Sea Route?
MARSEILLE : The 11,388 teu CMA CGM COLUMBA is scheduled to make an eastbound Suez transit on 23 January 2025 after having passed through Suez on 6 December
IMO launches Regional Presence Office for the MENA region in Alexandria, Egypt
ALEXANDRIA : The International Maritime Organization (IMO) has launched its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region during a ceremony held in
Baltic Index at over 1-year low as rates decline across segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to
Global shipping giant MSC explores India for shipbuilding and repair opportunities
GENEVA : The world’s largest container shipping line, Mediterranean Shipping Company (MSC) has initiated preliminary discussions with India’s Ministry of Ports, Shipping, and Waterways to identify a suitable
Sympathy for the shipping executive : Drewry
LONDON : Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald
Houthi rebels to halt military operations against most ships in Red Sea
NEW YORK : Houthi rebels have said they will halt their military operations against most ships in the Red Sea, tanker chartering sources and brokers in Singapore, Tokyo
Baltic index falls to 19-month low on weaker vessel rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in more than 19 months on
Advanced cranes En Route to enhance Suez Canal container terminal operations
CAIRO : The Suez Canal Container Terminal (SCCT), operated by APM Terminals and a pivotal Maersk hub, is set to receive its third shipment of state-of-the-art ship-to-shore (STS)
Gujarat Maritime Board hosts Stakeholder Consultation Workshop on Coastal Shipping
GANDHINAGAR : The Gujarat Maritime Board (GMB) organized a Stakeholder Consultation Workshop on the theme “Coastal Shipping Policy of Gujarat: Paradigm Shift in Supply Chains” on Friday, January
