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Asia-US container rates fall as capacity continues to outweigh demand

HOUSTON: Rates for shipping containers from east Asia and China to the US fell significantly week on week as available capacity continues to outstrip...

Drewry: World Container Index down 2% last week

LONDON: Drewry’s World Container Index decreased 2% to $1,806 per 40ft container last week. Drewry's detailed assessment for Thursday, 27 Nov 2025 The Drewry World Container...

Baltic Index Rises To Nearly 2-Year High On Strong Capesize Demand

LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to its highest level in...

GTI (APM Terminal Mumbai) crosses 2 Million TEU Mark for 2025 in Record Time, Sets New Global Benchmark in Productivity

NAVI MUMBAI: Gateway Terminals India (GTI), the country’s busiest and most efficient container terminal, has achieved a major operational milestone by handling its two...

IIT Madras launches India’s First Indigenous Vessel Traffic System

CHENNAI: IIT Madras researchers have successfully developed and launched India's first indigenous Vessel Traffic Management System (VTMS), officials have revealed. This groundbreaking initiative by...

CMA CGM weighs entry into India’s Inland Waterways to build integrated logistics network

MARSEILLE : CMA CGM is examining the possibility of launching barge and inland-waterway services in India, signalling a potential expansion of its logistics footprint...

IMO Assembly, 34th session: New 40-member Council to be voted in for the 2026-2027 biennium

LONDON: The IMO Assembly is holding its 34th session at IMO headquarters in London fro 24 November to 3 December. The Assembly is the highest Governing...

New global report ranks top container ports worldwide

SINGAPORE: Singapore is named the world’s leading container port in the first edition of the Leading Container Ports of the World (LCP) report, an...

Acts of exceptional bravery at sea honoured at IMO Annual Awards ceremony.

LONDON: Officer Lee Tae Young, a first mate from the Republic of Korea, has been awarded the IMO Award for Exceptional Bravery at Sea,...

Nuclear-powered containerships could unlock $68 million in annual savings and eliminate GHG emissions

LONDON: Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and...
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