LONDON: Drewry’s World Container Index increased 8% to $2,123 per 40ft container this week. Drewry’s detailed assessment for Thursday, 12 March 2026 The Drewry World Container Index (WCI) increased 8% to $2,123 per 40ft
NEW DELHI : The External Affairs Ministry on Thursday (March 12, 2026) said it is rather “premature” to discuss reports about India receiving permission for ships to cross the Strait of Hormuz.“External Affairs Minister
The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over the rapidly evolving security situation in the Gulf waters and the Strait of Hormuz, stressing that the safety and wellbeing of
LIVORNO (ITALY): The ongoing conflict in the Middle East is beginning to reshape global shipping routes and place growing pressure on European supply chains, with Italian businesses facing longer transit times, rising freight costs,
H.E. the Minister of Transport and Logistics Services and Chairman of the Board of the Saudi Ports Authority “Mawani”, Eng. Saleh bin Nasser Al‑Jasser, launched the Logistics Corridors Initiative in the presence of H.E.
HELSINKI: MacGregor has launched its new Balanced Lashing System, a reliable solution designed to solve the long-standing industry challenge of uneven load distribution in container ship lashings. On conventional container ships, lashings often share
ANTWERP: Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving commercial and crew connectivity demands. Operating globally in high-demand environments, EXMAR is seeking
MUMBAI: India’s MSME exporters and importers are beginning to face growing liquidity pressure as disruptions to maritime trade routes through the Strait of Hormuz trigger freight escalation, war-risk insurance premiums and shipment delays, according to a
LR will provide strategic and technical guidance as India accelerates efforts to modernise and decarbonise its maritime industry NEW DELHI: Lloyd’s Register (LR) Advisory has been appointed as Technical Support Unit (TSU) to the
Study by UCL academics finds that while LNG and methanol use as alternative fuels generate some knowledge spillovers and procedural regulatory learning useful for green ammonia, the main scalable zero emission shipping fuel, these