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Baltic Index slips on lower capesize, panamax rates

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower...

A mixed week for Capesize market : Baltic Exchange

LONDON : Baltic Exchange reported a mixed week for Capesize market on last Friday. CapesizeThe Capesize market experienced a mixed and somewhat volatile week,...

Maersk raises full-year guidance amid volatile external environment

COPENHAGEN : A.P. Moller - Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD...

PIL celebrates SG60 with first SG60 container ship and specially designed containers for National Day Parade

SINGAPORE : Pacific International Lines (PIL), Singapore’s home-grown shipping line, proudly celebrates the nation’s 60th year of independence with the first SG60 Container Ship...

Samskip pioneers Morocco’s first fast, sustainable container route to the UK and Netherlands

ROTTERDAM : Samskip is proud to announce the launch of its long-anticipated Moroccan Reefer Service, a new shortsea container route connecting Agadir and Casablanca directly with the UK...

Humanitarian Operations Coordination Center imposes sanctions on 64 Companies violating naval blockade against Israeli Enemy

SANA'A - SABA : The Humanitarian Operations Coordination Center (HOCC) revealed it has imposed sanctions on 64 companies that violated the naval blockade decision...

NYK Line Q1 2025 Consolidated Financial Results

TOKYO : Nippon Yusen Kabushiki Kaisha (NYK Line) has released Consolidated Financial Results for Q 1 Three Months Ended June 30, 2025 Review of Operating...

Strong gains in seafarer happiness levels, but serious safety concerns emerge

LONDON : The Q2 2025 Seafarers Happiness Index, published by The Mission to Seafarers, reveals an encouraging uplift in seafarer wellbeing, with the average...

Baltic Index hits near three-week low as larger vessel rates fall

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week...

CMA CGM introduces new FAK Rates from Indian Subcontinent to North Europe, Mediterranean & North Africa

MARSEILLE : CMA CGM introduced new FAK rates - from the Indian Subcontinent to the North Europe, Mediterranean & North Africa. The new rates, applicable...
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