March 31, 2026
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March 3, 2025

Drewry’s Intra-Asia Container Index down 8%

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 8% in the fortnight to 28 Feb 25 to $615 per 40ft container. Intra-Asia Container Index assessment
March 1, 2025

Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai

International Shipping, Ports, Shipping Line, Trending News
As the Godmother, State Minister Raksha Khadse christens the vessel during Maersk’s first-ever name-giving ceremony in India at APM Terminals Mumbai MUMBAI : A.P. Moller – Maersk celebrated the name-giving of its newest dual-fuel
March 1, 2025

RITES hosts Workshop on MAITRI; logo unveiled

Logistics, Customs, Ports, Shipping, Shipping Line, Trade, Transport, Trending News
MUMBAI : RITES Ltd. hosted a full-day workshop on MAITRI (Master Application for International Trade & Regulatory Interface) in Mumbai on Thursday. Designed as a unified digital interface, MAITRI aims at enabling cross-border seamless
March 1, 2025

Drewry’s World Container Index down 6% this Week

International Shipping, Container, Shipping Line, Trade, Trending News
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 contracts or requires regional visibility/coverage beyond the eight trade lanes
March 1, 2025

Baltic Index logs second straight Weekly gain on Higher Capesize Demand

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, gained on Friday and registered its second consecutive weekly gain, driven by strong capesize rates.
February 28, 2025

Sarbananda Sonowal unveils ‘One Nation-One Port’ to enhance efficiency with EoDB

Logistics, Maritime, Ports, Shipping, Shipping Line, Trade, Trending News
MUMBAI : Union Minister Shri Sarbananda Sonowal launched a series of major initiatives of the Ministry of Ports, Shipping and Waterways (MoPSW) aimed at modernising India’s maritime infrastructure, strengthening its global trade presence, and
February 28, 2025

US proposal to penalize Chinese Ships may impact Indian Trade

Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, MSME, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : Indian Shipping trade stands to face significant disruption if the US proceeds with its plan to impose hefty port fees on Chinese-owned ships and vessels constructed in Chinese shipyards. The United
February 28, 2025

WCI Tests New Year 2024 Quotes as Tariff Impositions and GRIs to spell the way forward

Container, International Shipping, Logistics, Shipping Line, Trade, Trending News
By Mr. Gautham Krishnan The Drewry World Container Index (WCI) registered a 6% weekly fall (over 15% for the fortnight) recording USD 2,629, its lowest since the 60%+ jump recorded to touch USD 2,670
February 28, 2025

Evaluation and financing is provided to Kawasaki Kisen Kaisha based on ‘Zero-Emission Accelerating Ship Finance’

International Shipping, Maritime, Ship Building, Shipping Line, Trending News
TOKYO : Under Zero-Emission Accelerating Ship Finance (the Program), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the LNG-fueled car carrier ‘OCEANUS HIGHWAY’ (IMO No. 1046049), owned
February 28, 2025

ClassNK issues AiP for ammonia-fuelled ammonia bunkering vessel developed by NYK Line and LMG Marin AS

International Shipping, Bunkering, Shipping Line, Shipyards, Trending News
TOKYO : ClassNK has issued an Approval in Principle (AiP) for ammonia-fuelled ammonia bunkering vessel. This vessel is jointly developed by Nippon Yusen Kabushiki Kaisha (NYK Line) and LMG Marin AS (a member of
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