SHIPPING: Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline
HOUSTON : Union dockworkers and representatives for US Gulf and East Coast ports are expected to resume negotiations on a new master contract on 7 January, just more than a week ahead of the
Shipping emissions back at Pre-Covid levels, expected to have risen by 4% in 2024 : Clarksons
LONDON : Clarksons Research have released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping
Ulsan Port Authority Awards ‘2024 Best Tank Terminal’
ULSAN : Ulsan Port Authority (UPA) has announced the winners of its inaugural ‘Best Tank Terminal at Ulsan Port’ program, recognizing exceptional ESG (Environmental, Social, and Governance) practices among Ulsan’s tank terminals. The ‘Best
Baltic Index extends gain as larger vessel rates firm
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel
Drewry: World Container Index up by 3% this Week
LONDON : Drewry’s World Container Index increased 3% to $3,905 per 40ft container this week. Drewry’s detailed assessment for Thursday, 02 January 2025
India targets strong growth in 2025 amid inflation challenges and global headwinds
NEW DELHI : India will need to navigate geopolitical challenges, control domestic inflation, and encourage greater private sector investment as it strives to sustain its position as the world’s fastest-growing major economy in 2025,
VPA signs Rs 300 Cr. deal with RVNL for flyover to streamline cargo traffic
VISAKHAPATNAM : The Visakhapatnam Port Authority signed a Rs 300 crore agreement with Rail Vikas Nigam Ltd (RVNL) on Thursday to construct a flyover aimed at reducing congestion and enabling seamless cargo movement via
Arkas Line extends routes to India
IZMIR : Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding India to its network. The firm