March 15, 2026
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February 14, 2024

US now has an 85% chance of recession in 2024, the highest probability since the Great Financial Crisis : Economist David Rosenberg

International Shipping, Economy, Global Trade, Trending News
NEW YORK : A recession is likely to hit the US Economy in 2024, a new economic model highlighted by the economist David Rosenberg suggests. The economic indicator, which Rosenberg calls the “full model,”
February 14, 2024

Kalmar to enhance Réunion Island box terminal with hybrid equipment

International Shipping, Container Terminal, Ports, Trending News
MARSEILLE : Kalmar and CMA CGM’s subsidiary CMA Terminals have reached an agreement for the supply of three Kalmar hybrid straddle carriers to SAMR, a terminal located on Réunion Island. The order was registered
February 14, 2024

IMO Sub-Committee on human element, training and watchkeeping (HTW 10)

International Shipping, Maritime, Trending News
LONDON : The 10th session of the IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 10) was held from 5 to 9 February 2024. A comprehensive revision of the STCW Convention and Code
February 14, 2024

Airseas, a revolutionary maritime company achieves major milestone pulling cargo ships with Giant kites

International Shipping, Maritime, Trending News
FRANCE : Airseas, the French company with the lofty goal of helping to propel cargo ships with giant kites, ended 2023 with successful sea trials. It’s the next step toward the ultimate goal of outfitting
February 14, 2024

Drewry : January Multipurpose Time Charter Index above forecast

International Shipping, Trade, Trending News
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
February 14, 2024

Baltic index scales 1-month high on firm rates for larger vessels

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index rose to a one-month high on Monday, buoyed by firm capesize and panamax vessels rates. The overall index, which factors in rates for capesize,
February 14, 2024

BIMCO starts work on contract for growing wind turbine market

International Shipping, Maritime, Trending News
LONDON : BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry
February 14, 2024

ClassNK launches E-Learning courses on Shipping and Shipbuilding Industry

Maritime, Education, Ship Building, Trade, Trending News
TOKYO : ClassNK has introduced E-Learning courses offered through its training and education service, “ClassNK Academy”. The courses are designed to impart foundational and technical knowledge essential for professionals and stakeholders in the shipping
February 13, 2024

PM Modi to visit UAE on Feb 13-14, will hold bilateral meetings with the President of the UAE

Trade, Global Trade, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will on February 13 embark on a two-day visit to the United Arab Emirates (UAE). It would be the Prime Minister’s seventh visit to the UAE
February 13, 2024

Shantanu Thakur  flags-off the 1st trial cargo vessels from Maia Inland Customs Port to Sultanganj Port

Maritime, Ports, Trade, Trending News, waterways
MAIA : The first trial movement of vessels carrying stone aggregates from Maia Port in India to on the Sultanganj Port in Bangladesh Maia-Aricha Route successfully took place on Monday. The Bangladesh flag vessel
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