Baltic Index hits six-week peak on stronger capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, extended its climb to a six-week high on Tuesday, as rates across capesize and
MSC signs contract with Zhoushan Changhong International Shipyard of China with an order of 8 LNG dual-fuel containerships
GENEVA : Shipping Giant MSC has ordered up to eight 22,000 TEU liquefied natural gas (LNG) dual-fuel containerships in China. On February 21, 2025, Zhoushan Changhong International Shipyard revealed it signed a contract for
Baltic Index extends gains to over One-Month High on Strong Vessel Rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for an eighth straight session to hit a more-than-one-month high on Monday, supported
BERG efficiency upgrade cuts 33% of fuel costs for Lighthouse Ship Management Norwegian coaster
HONO (SWEDEN) : Lighthouse Ship Management AS has steered one of its managed general cargo vessel coasters through a BERG Propulsion retrofit project which the Norwegian shortsea shipping service provider confirms has brought a
MSC CEO Soren Toft meets Sarbananda Sonowal
NEW DELHI : Mr Soren Toft, CEO of Mediterranean Shipping Company (MSC) met Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal in New Delhi recently. Both had a fruitful conversation on India’s
India’s agri-exports boom under Modi Govt: First-ever shipments that made history
NEW DELHI : India’s agricultural exports have seen unprecedented expansion, with many products making their way to international markets for the first time. This expansion signals government efforts on empowering farmers, boosting rural incomes,
IMO Secretary-General Mr. Arsenio Dominguez emphasize on India’s role in sustainable shipping and seafarer welfare
NEW DELHI : International Maritime Organisation (IMO), Secretary-General, Mr. Arsenio Dominguez emphasized on India’s role in sustainable shipping and seafarer welfare; reinforcing maritime cooperation. On the third day of his three-day tour in the
IWAI Board commissions feasibility study for Urban Water Transport System in 17 cities
NEW DELHI : The Inland Waterways Authority of India (IWAI) Board – in its 196th Board Meeting – took a key decision to carry out feasibility study for developing Urban Water Transport System in various