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EST-Floattech to supply Octopus battery systems for 6 new coasters for Arklow Shipping

AMSTERDAM: EST-Floattech has been selected to deliver its Octopus Lite battery system for a new series of six General Cargo Vessels. The vessels will...

MSC suspends Mali services over fuel, security concerns

GENEVA: Mediterranean Shipping Company (MSC) said it was no longer accepting bookings for Mali due to security issues and a shortage of fuel resulting...

Trump administration seeks to negotiate with China on shipping as it pauses port fees

WASHINGTON D.C. : The Trump administration said on last Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics...

Grounded container ship MSC Baltic III damaged by ‘extreme wind’ and rough seas

CEDAR COVE : The grounded container ship MSC Baltic III on Newfoundland's west coast has been damaged by high winds and storm surge in...

SCI reports steady growth and profitability in Q2 FY 2025-26

MUMBAI : The Shipping Corporation of India Ltd. (SCI) has announced its financial results for the second quarter (Q2) of FY 2025-26, showcasing continued...

Drewry: World Container Index up 8% last week

LONDON: Drewry’s World Container Index increased 8% to $1,959 per 40ft container this week. Drewry's detailed assessment for Thursday, 06 Nov 2025 The Drewry World Container...

Baltic Index hits over Three-Week High, Ends week firmer

LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an over three-week high on...

MoPSW honours Maritime Excellence Achievers 2025 at India Maritime Week

MUMBAI: During the India's biggest maritime event India Maritime Week 2025, the Ministry of Ports, Shipping and Waterways (MoPSW), under its flagship Sagarmala Programme,...

‘Made in India’ may soon be etched on the World’s Ships: Supal Shah

MUMBAI: For decades, the Indian flag fluttered quietly in world shipping registers, overshadowed by Panama, Liberia and the Marshall Islands. Today, it’s at the...

Maersk announces strong performance for Q3 2025 with EBITDA at USD 2.7bn and EBIT at USD 1.3bn amid operational gains

COPENHAGEN : Maersk reported strong financial results in the third quarter of 2025, driven by operational improvements and proactive cost measures. The company achieved sequential...
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