Baltic Index falls to Six-Week low as Capesize Rates dip
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index on Wednesday slipped to a six-week low as rates for capesize vessels dipped. The main index, which tracks
Preserving Heritage Skills Recreating History: Indian Register of Shipping lends expertise to India�
MUMBAI : In a landmark event, a meticulously reconstructed 5th-century wooden stitched ship was launched into the waters of the Mandovi River in Goa. This endeavour, a collaborative
Evelyn Maersk, a milestone call at APM Terminals Valencia and APM Terminals Barcelona
BARCELONA : Evelyn Maersk set an important milestone in the history of APM Terminals Spanish Gateways as the largest vessel to call at the terminals in Valencia and
INTERCARGO responds to IMO’s decision on GHG Reduction measures
LONDON : At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a medium-term greenhouse gas reduction measure that
Shipowners and recyclers ask Basel COP for removal of obstacles to safer ship recycling
LONDON : BIMCO has drafted a paper to submit to the Conference of the Parties to the Basel Convention (BC COP-17), asking for more clarity and for obstacles
IMO MEPC 83 – GHG requirements approved, taking effect from 2028 : DNV
SINGAPORE : The 83rd session of the IMO’s Marine Environment Protection Committee (MEPC 83) approved new requirements on greenhouse gas (GHG) fuel intensity, in combination with a pricing
CMT secures Fleet-Wide order from Cyprus based Containership Manager
HAMBURG : CM Technologies, the Germany-headquartered specialist in marine engine performance diagnostics, has secured a substantial order for its flagship PREMET X analyser from a leading Cypriot shipmanager.
Caribe Tankers to trial Inmarsat NexusWave for connected certainty and enhanced crew welfare
LONDON : Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe
DataMondial launches new AI-driven service for processing ocean freight rates
ROTTERDAM : DataMondial, a leading player in the world of data and document processing, proudly announces the launch of its latest innovative service: an AI-powered robotisation system for
CStar Line launches New IMB1 Service to enhance Regional Trade Links
DUBAI : CStar Line has expanded its maritime services by launching the new India – Middle East – Black Sea 1 Service (IMB1), designed to connect key ports