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2025 Abu Dhabi Maritime Awards Winners Set New Standards for the Marina Industry

ABU DHABI: Under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region; in the presence...

Drewry: World Container Index up 7% last week

LONDON: The Drewry World Container Index (WCI) rose 7% to $1,927 per 40ft container after three weeks of decline, mainly due to rate hikes...

Vizhinjam International Seaport marks One Year of Commercial Operations with Record-Breaking Milestones

THIRUVANANTHPURAM: Vizhinjam International Seaport, developed and operated by Adani Ports and Special Economic Zone Ltd. (APSEZ) in partnership with the Government of Kerala, has...

Gujarat Pipavav Port, NYK India sign MoU to shape Major Automotive Export Hub

MUMBAI: Gujarat Pipavav Port Ltd. (GPPL), marketed as APM Terminals Pipavav, has entered into a non-binding Memorandum of Understanding (MoU) with NYK India to...

CMA CGM expands Intermodal Network with 7th Weekly Double-Stack Export Train linking ICD Palwal to Mundra Port

HARYANA: CMA CGM in association with Hind Terminals Private Ltd. has flagged off the latest addition to its North India–Mundra rail network with a...

ONE & Gateway Distripark (GDL) launch Dedicated Export Block Train Service to Mundra Port

GURUGRAM: In a significant boost to India’s automotive export supply chain, Ocean Network Express (ONE) and Gateway Distriparks Limited (GDL) have jointly flagged off...

NYK named Two New LNG Carriers for QatarEnergy as Sharq and Shra’ouh

TOKYO: On December 3, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, Ltd., MISC Berhad, and China LNG Shipping (Holdings) Limited held a...

Ship rates spiking 467% marks upended trade across commodities

LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions,...

Bulker newbuilding contracting drops 54% to five-year low : BIMCO

LONDON: "Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since...

CMA CGM announces FAK Rates – From Asia to the Mediterranean & North Africa

MARSEILLE:  CMA CGM announces Freight All Kinds (FAK) rates (*) as follows from December 15th to 31st, 2025:  Quantum in USD per 20'Quantum in USD per...

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