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 physical space; it symbolises our firm
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 for index-linked contracts. If your organisation
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 four months, supported by a steady
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 role in catalysing shipping’s decarbonization during
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 new services cover key ports in
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 previous demands to immediately halt all
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 Report. The report highlights meaningful differences
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 to decarbonized fuels. This new service
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 strong uptick in capesize vessel rates.
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 Maritime Organization’s World Maritime Day theme