May 27, 2025
April 1, 2026
May 26, 2025
ICG along with Indian Navy rescues all 24 crew members as Liberian container Vessel with hazardous cargo sinks off Kerala Coast
KOCHI : A Liberian container vessel MSC ELSA 3 (IMO NO. 9123221) sank off the Kochi coast at around 0750 hrs today on May 25, 2025, due to flooding. All 24 crew members on
May 26, 2025
ONE revises Japan-Korea1 Service to boost efficiency
SINGAPORE : Ocean Network Express (ONE) has announced a revision to its Japan Korea 1 (JK1) service, aiming to improve operational efficiency, service reliability, and environmental performance.As part of the update, the Tokyo port
May 26, 2025
Escalating Port Congestion strains Container Shipping Flows : Drewry
LONDON : Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water levels on the Rhine are limiting
May 26, 2025
SHIPPING: Asia-US container rates rise; carriers bring back capacity amid tariff pause
LONDON : Asia-US rates for shipping containers rose this week, leading ocean carriers to rush to ramp up capacity to handle an expected surge in bookings. Rates from online freight shipping marketplace and platform
May 26, 2025
US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to alter trade flows and freight market
May 26, 2025
Baltic Dry Index logs Weekly Loss on weaker Panamax, Supramax Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for ships carrying dry bulk commodities, dipped on Friday and posted a weekly loss on declining rates for panamax and supramax
May 24, 2025
Indian Coast Guard issues high alert for Kerala Coast as hazardous cargo drifts ashore after cargo ship ‘MSC ELSA 3’ mishap off Kochi; rescue operation underway
THIRUVANANTHPURAM : The Indian Coast Guard (ICG) has issued a high-alert warning to the state of Kerala following the detection of hazardous cargo and oil drifting toward its coastline. The alert was raised after
May 24, 2025
Indian seafarers in danger of leaving their careers at sea after first contract, warns Mental Health Support Solution (MHSS)
BENGALURU : Indian seafarers are in danger of walking away from their careers at sea after their first contracts end, with MHSS reporting nearly 80% struggle with issues of isolation and loneliness. Indian seafarers
May 24, 2025