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Baltic Index slips on lower Capesize Vessel Rates

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

India advocates enhanced Container Ship Safety and showcases Gender inclusion at 134th IMO Council Session

LONDON : Indian Delegation led by Shri T.K. Ramachandaran, IAS, Secretary, Ministry of Ports, Shipping and Waterways, Govt of India, is attending the 134th...

Kerala Govt seeks $1.1 billion in compensation from MSC over oil spill

Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation after one of its container vessels sank and leaked fuel into...

All 11 Stranded Vessels with Indian Seafarers sailed from Ras Isa Port, Yemen : DG Shipping

MUMBAI : The Directorate General of Shipping informs that all 11 vessels stranded at Ras Isa Port, Yemen, carrying over 150 Indian seafarers, have...

Interorient in collaboration with Danship & Partners announces FDI of INR 10,000 Cr in the Indian Shipping Sector

NEW DELHI : A landmark Foreign Direct Investment (FDI) in the Indian shipping sector stands announced by a Cyprus maritime entity, Interorient Navigation Co....

Wattlab and HGK Shipping team up for world’s first hybrid solar-powered inland shipping vessel

ROTTERDAM : Dutch maritime solar innovator Wattlab has delivered a solar energy system for HGK Shipping’s inland shipping cargo vessel Blue Marlin. Representing a...

Deendayal Port delivers robust Q1 growth, tops 100 MMTPA Club

GANDHIDHAM : Deendayal Port Authority (DPA), Kandla, has recorded an impressive performance in the first quarter of FY 2025–26 (April–June 2025), continuing its upward...

Oil bunker costs to double by 2035 on IMO rules, says Wartsila

NEW YORK : Oil-based bunker costs will double over the next decade due to the International Maritime Organization’s upcoming regulation on greenhouse gas emissions,...

Drewry: World Container Index down 5.7% last week

LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked...

Container Market continues its decline

LONDON : Next Tuesday (Tomorrow) sees the end of the pause in Tariffs on imports to the United States as the world waits to...

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