Baltic Dry Index slides as iron ore shipments kick off 2023 with 13.1% drop
DENMARK : Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping
More than 80% of box and bulk ships to fall in lowest CII ratings – GMS
DUBAI : Dr Anil Sharma, founder and CEO of Global Marketing Systems Inc (GMS), is forecasting a significant increase in the number of container ships and bulk carriers
HR Lines acquires two more ships to operate on intra-Asia routes
DHAKA : HR Lines, Bangladesh’s lone flag carrier container vessel operator, has acquired two more boxships and will soon deploy them between Chittagong and the transshipment ports like
DG Shipping issuing new maritime guidelines to weed out aging ships
MUMBAI : The Indian government is tightening rules on aging ships sailing into its waters. The Directorate General of Shipping (DG Shipping) of India is reportedly in the
BUREAU VERITAS inaugurates new regional headquarters in Riyadh
FRANCE : Bureau Veritas has inaugurated its new regional headquarters in Riyadh, Saudi Arabia. This marks more than 3 decades of the Group’s presence in the Kingdom of
Ocean shipping rates are collapsing
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation
The New Shipping Dilemma – Staying Profitable in a Carbon-Neutral Future
TEXAS : Maintaining the status quo is not an option for global shipping companies in 2023. In order to meet the challenges ahead around CII & digitalization and
India needs a shipping line of its own to help the nation save $25 Billion a year : Ajay Sahai
NEW DELHI : Ajay Sahai, the CEO, and DG of the Federation of Indian Export Organizations (FIEO) said that India requires a shipping line of its own if it
Overseas Deployment of ICGS SHAURYA and RAJVEER to Bangladesh
NEW DELHI : Indian Coast Guard Ships ICGS Shaurya and Rajveer were on a six-day visit to Chattogram, Bangladesh from 13 to 19 January, 2023 to enhance the
Quinto Shipping orders ‘Parsifal’ type inland waterway tanker from Concordia Dam
Last week, Dutch inland shipping yard Concordia Damen was commissioned to build and equip an inland shipping tanker for Quinto Scheepvaart B.V. from Zwijndrecht. At This also marks