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India moves toward its own Bharat Container Shipping Line as Ports, SCI & CONCOR align

NEW DELHI : India is preparing to take a major leap toward maritime self-reliance with the planned launch of the Bharat Container Shipping Line,...

Maersk to trial 50/50 ethanol-methanol blend

COPENHAGEN : Maersk has announced that building on a successful initial trial, the company will now blend 50% ethanol with 50% methanol in a...

Baltic Index extends Losses on Weaker Rates across All Segments

LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, weighed down...

U.S. team led by Deputy USTR Switzer to visit India from December 10-12 to discuss tariffs

NEW DELHI: A team of negotiators from the U.S. will visit India on December 10-12 to take forward talks on the first tranche, dealing...

Hapag-Lloyd CEO: Shipping industry’s return to Suez will be gradual

HAMBURG: There is no specific timeline for when the shipping industry will resume sailing through the Suez Canal, but any return would be gradual,...

Return of container ships to Red Sea edges closer: major carrier announces new full-loop service via Suez Canal

OSLO: Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East...

Asia-US container rates mixed as carriers use smaller, more frequent hikes to halt slide

HOUSTON: Rates for shipping containers from east Asia and China to the US were mixed this week as import demand remains soft, capacity ample,...

MoPSW holds Stakeholder Consultation to finalise Shipbuilding Scheme Guidelines

NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) convened a crucial stakeholder consultation meeting on Friday, 5th December, 2025 in New Delhi,...

Hapag-Lloyd eyes ZIM acquisition, workers push back

HAMBURG: Hapag-Lloyd, the German shipping company traded in Frankfurt with a market value of 20 billion euros, is interested in acquiring ZIM. However,...

SIIM and CMA CGM sign strategic tropical fruit agreement

RUNGIS: SIIM ((Société Internationale d'Importation de Fruits et Légumes) and CMA CGM have signed a strategic agreement for 2026 covering the weekly transport of...

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