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Adoption of the IMO NZF delayed. Regional, national and corporate actors action urged to fill the gap: UCL

LONDON: A scheduled Extraordinary Session of the IMO’s Marine Environment Protection Committee has ended without adopting the policy measures agreed upon in principle in...

Baltic Index logs weekly gain as All Vessel Segments rise in tandem

LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday and posted a...

Drewry: World Container Index up 2% last week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts.  Drewry’s World Container Index increased 2% to $1,687...

Great Eastern Shipping Company takes delivery of 2016 built Kamsarmax Dry Bulk Carrier ‘Jag Anjali’

NEW DELHI: Great Eastern Shipping Company has taken delivery of a 2016 built Kamsarmax Dry Bulk Carrier Jag Anjali of about 81,922 dwt. The...

Xeneta Weekly Ocean Container Shipping Market Update

OSLO: Average spot rates on four main fronthauls out of the Far East have all increased from last week. This uptick follows the previous...

Cochin Shipyard bags landmark CMA CGM Order, Marking India’s Entry into Global Boxship Construction

NEW DELHI: India’s ambitions to emerge as a global shipbuilding powerhouse have received a major boost, with Cochin Shipyard Limited (CSL) securing its first-ever...

Global Shipping faces Decisive Moment at IMO’s MEPC ES.2

LONDON: The International Maritime Organization (IMO) kicked off its second extraordinary meeting of the Marine Environment Protection Committee (MEPC ES.2) on Tuesday, with Secretary-General...

SeaLead Strengthens 5CX Service Connecting Far East and the Mediterranean via Suez Canal

SINGAPORE : SeaLead, a fast-growing global shipping line, Tuesday announced the revamp of its Five Seas Express (5CX) service with a new routing structure....

Asia-Europe container freight collapses to multiyear Lows

NEW YORK: The third quarter of 2025 marked a dramatic reversal for the European container freight market, with spot rates sliding steadily to their...

Baltic hits two-week high after China pledges additional port fees on US ships

LONDON: The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a two-week high on Monday...
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