PIL opens new office in Guatemala
GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. “This new office represents much more than a
Drewry: World Container Index down 2.6% last week
LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to, independent, global reference
Baltic Index posts Biggest Weekly Gain in four months on Capesize increase
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest weekly gain in over
New report highlights the important role of voluntary insetting in accelerating shipping’s ene
LONDON : New analysis by UCL Energy Institute, with the assistance of UMAS, analysing voluntary insetting schemes in the maritime sector suggests that they could play a vital
CULines introduces Dual Services CSX + CWS to strengthen South Asia Service
SHANGHAI : In response to increasing customer shipping demands, CULines has further optimized its South Asia route network by adding two new India-Westbound routes, CSX and CWS. These
UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping
NEW YORK : The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi rebels, who have defied its
INTERCARGO-Member Fleets Outperform on Safety and Compliance
LONDON : Dry bulk carriers entered with INTERCARGO continue to demonstrate stronger performance than the global fleet average on safety and compliance, according to the Association’s latest Benchmarking
ClassNK launches ‘ClassNK Fleet Cost Simulation’ Service
TOKYO : ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation’, as part of its ‘ClassNK Transition Support Services’, which aims to facilitate the maritime industry’s transition
Baltic Dry Index hits One-Month High on Capesize Strength
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month high, supported by a
IMO : 2026-27 World Maritime Day theme to take policy to practice
LONDON : IMO’s Two-year theme to focus on putting instruments into action, backed by technical support. ‘From Policy to Practice: Powering Maritime Excellence’ has been selected as the International