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March 25, 2025

Rising rates across all segments push Baltic Index to one-week peak

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Monday, helped by gains across all vessel segments. The
March 24, 2025

Sarbananda Sonowal on Three-Day Visit to Singapore as India Seeks to Boost Maritime Cooperation

Maritime, Ports, Shipping, Shipping Line, Trade, Trending News
NEW DELHI / SINGAPORE : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal is embarking on a Three Day Official visit to Singapore to take part in the Singapore Maritime Week to be
March 24, 2025

Advice for BIMCO members in relation to proposed US trade action

International Shipping, Shipping, Shipping Line, Trade, Trending News
LONDON : On 21 February, The Office of the United States Trade Representative (USTR) announced it was inviting comments from the public in respect of its “Section 301 Investigation of China’s Targeting of the
March 22, 2025

DP World to begin construction of £1BN London Gateway expansion

International Shipping, Foreign Ports, Global Trade, Logistics, Private Port, Shipping Line, Trending News
LONDON : Construction work to expand London Gateway and establish the facility as the UK’s largest container port will begin in May after DP World was given approval for the £1bn project. The global
March 22, 2025

Cross-Platform eBLs become a reality as OOCL and a major oil and gas company go live

Export - Import, Logistics, Shipping Line, Technology, Trade, Trending News
HONG KONG / LONDON : Global Shipping Business Network (GSBN), ICE Digital Trade and IQAX launched their landmark interoperable eBL solution on Friday. The first transaction was initiated by OOCL as carrier on IQAX
March 22, 2025

CULines launches JPS Feeder Service to strengthen regional transhipment

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
SHANGHAI : CULines to launch the new Jeddah-Port Sudan Express (JPS) feeder service to expand its Red Sea service network and enhance Jeddah transhipment services, starting from April 4th. This route will be independently
March 22, 2025

Seven Asian shipping lines launching China-Mexico service

Container, International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Seven Asian shipping lines are together launching China-Mexico service. Jointly operated by China’s Sinotrans Container Lines, Taiwan’s TS Lines, Singapore’s SeaLead Shipping and Emirates Shipping Line, Thailand’s Regional Container Lines, and South Korea’s KMTC
March 22, 2025

New shipowners join Bluepool Panamax pool

International Shipping, Company, Dry Bulk Shipping, Shipchartering, Shipping Line, Trade, Trending News
LONDON : Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bluepool Panamax dry bulk shipping pool. Castor Maritime, a NASDAQ listed diversified global shipping and energy company,
March 21, 2025

Hapag-Lloyd publishes 2024 annual report and announces outlook for current financial year

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd published its new annual report today. According to the report, a slight increase in the operating result was achieved in 2024. The Group EBITDA rose to USD 5.0 billion (EUR 4.6
March 21, 2025

EU Maritime Decarbonisation Target at Risk Without Effective Pricing Tool

International Shipping, Fuel, Maritime, Shipping Line, Trade, Trending News
WASHINGTON D.C. : The World Shipping Council (WSC) on Wednesday, March 19th released new research that shows both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets, but that the
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