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Lower capesize rates drag Baltic Index to over 1-month low

LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fourth-straight session on Thursday,...

DG Shipping Clarifies: No Ban on Foreign Seafarers’ Certificates; 30-Day Window for Verification

MUMBAI: The Directorate General of Shipping (DG Shipping) has issued a clarification dispelling rumours about a purported ban on foreign Certificates of Competency (CoCs)....

Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this 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 decreased 4% to...

DG Shipping (SWFS) hosts Symposium on Seafarers’ Recruitment & Welfare today

MUMBAI: The Directorate General of Shipping (SWFS) is organizing a Symposium on Seafarers’ Recruitment & Welfare at the CIDCO Convention Centre, Vashi, bringing together...

Parekh Marine, representing Arkas Line, in partnership with CONCOR, flags off Maiden Double Stack Reefer Block Train from Delhi Region

DADRI:  Parekh Marine, representing Arkas Line in India, took the initiative in partnership with the Container Corporation of India Ltd. (CONCOR) to flag off...

Anglo-Eastern selects Inmarsat’s NexusWave for Hadley Shipping Group

LONDON: Inmarsat Maritime, a Viasat company, has announced that Anglo-Eastern will upgrade Hadley Shipping Group’s fleet to Inmarsat’s fully managed bonded connectivity solution, NexusWave. Hadley...

CONCOR flags off Maiden Double Decker Reefer Block Train from MMLP Dadri

NEW DELHI : In a significant boost to India’s cold chain logistics, the Container Corporation of India (CONCOR), in collaboration with Parekh Marine Services...

Wan Hai Lines launches Far East to Mediterranean Service I (FM1)

SINGAPORE : Wan Hai Lines is expanding its service network by launching a (FM1)Far East to East Mediterranean direct service. The service will be...

OrbitMI appoints Egil Husby to Board of Directors

NEW YORK : OrbitMI, a leading provider of maritime SaaS software, announced the appointment of Egil Husby to its Board of Directors. A seasoned...

Baltic Index hits 2-week low on weaker capesize demand

LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a two-week low on...
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