Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns : BIMCO
LONDON : “In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing concerns over USTR port
Baltic Dry Index hits One-Month High on Capesize Strength
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month high, supported by a
Sarbananda Sonowal applauds HSL’s infrastructure augmentation to double India’s shipbuilding cap
VISAKHAPATNAM : In a strong endorsement of India’s shipbuilding ambitions under the Maritime India Vision 2030, Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, visited Hindustan
CONCOR & RHS sign MoU to explore opportunities in the overseas shipping and logistics sector
NEW DELHI : Container Corporation of India Ltd. (CONCOR) and M/s. Rais Hassan Saadi Group (RHS), Dubai, have signed an Memorandum of Understanding (MoU) on 14th July, 2025
Sarbananda Sonowal inaugurates 2nd BIMSTEC Ports Conclave in Visakhapatnam; Aims to boost connectivi
VISAKHAPATNAM : The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal inaugurated the second edition of BIMSTEC Ports Conclave here on Monday. The two days
Sarbananda Sonowal launches capacity-building initiatives worth ₹276 Crore at Visakhapatnam Port
VISAKHAPATNAM : Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal launched multiple Capacity Building initiatives worth more than ₹276 crores at the Visakhapatnam Port here on
Kamarajar, Paradip & Deendayal Ports to soon accommodate cape-size vessels : Shipping secretary
NEW DELHI : Major ports have achieved a draft of 14 metres, while Ports like Kamarajar, Paradip and Deendayal are progressing towards 18-metre draft to accommodate large shipping
Vizhinjam Port plans ₹10,000-crore outlay on expansion starting September
THIRUVANANTHAPURAM : The Adani Group-run Vizhinjam International Deepwater Multipurpose Seaport, the country’s first dedicated container trans-shipment port, has achieved full capacity utilisation of 1.2 million twenty-foot equivalent units
DNV highlights Key IMO safety developments
SINGAPORE : The IMO is making significant progress towards modernising global maritime safety regulations, with new regulations that seek to enhance standards in order to accommodate new technologies
Baltic Dry Index rises to Four-Week High on Broad-Based Vessel gains
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a four-week high on Monday, supported by gains