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Govt mandates One Towing Vessel at all Major and Non-major Ports in India handling over 10 MMT Cargo annually, to bolster maritime safety

NEW DELHI : The Indian government has proposed a rule requiring all Major or Non-major Ports that handle over 10 million metric tonnes (MMT)...

Baltic Index loses ground for Third Straight Week on Lower Capesize Demand

LONDON : The Baltic Exchange’s main sea freight index, which monitors rates for vessels transporting dry bulk commodities, edged up on Friday but registered...

Global eCommerce businesses operating in Saudi Arabia set to benefit as Maersk and Saudi Post enter a strategic partnership

SAUDI ARABIA : The new alliance combines global logistics expertise with local market leadership to transform eCommerce supply chains in Saudi Arabia and the...

Chinese exports drive port congestion in Europe

LONDON : Congestion in European ports is hardly new. Long before the 2020s, logisticians working at container terminals had warned that there was insufficient...

Baltic Index falls to One-Month Low as Larger Vessel Rates Dip

LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month low on...

Inmarsat NexusWave exceeds 1,000 vessel orders amid growing demand for high-speed connectivity

LONDON : Inmarsat Maritime, a Viasat company, has announced that orders for NexusWave have exceeded1,000-vessels. Following months of rigorous development and testing, the service...

Wan Hai Lines’ India – East Med 2 Service commences operations

SINGAPORE : Wan Hai Lines' new India – East Med 2 Service (IM2 service), has commenced operations. This new service significantly expands Wan Hai...

MacGregor to deliver fully automatic twistlocks for Hapag-Lloyd’s 19,900 TEU Vessels

HELSINKI : MacGregor has secured an order from Hapag-Lloyd for its fully automatic twistlocks (ACV-1) “Hippo”, designed to improve cargo handling efficiency. Twistlocks are...

VOC Port sets new milestones, reinforcing its strategic role in India’s Maritime Growth

TUTICORIN : V.O. Chidambaranar (VOC) Port has set remarkable benchmarks in cargo handling performance for the fiscal year 2025–26, solidifying its stature as a...

Drewry: World Container Index down 9% 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...
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