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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
February 13, 2024

India is reworking its Merchant Shipping Act

International Shipping, Logistics, Maritime, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : India is looking at reworking its merchant shipping laws as it replaces the existing eponymous Act of 1958. The new provisions will look to include up-to-date international maritime conventions to which
February 13, 2024

Distance from Delhi to Jaipur to be covered within 2 hours : Nitin Gadkari

Infrastructure, Transport, Trending News
JAIPUR : Union Road Transport and Highways Minister Shri Nitin Gadkari on Monday said the electric bus will be started by laying electric cable on the Delhi-Mumbai Express National Highway and the distance from
February 13, 2024

Adani Ports secures top position for its climate actions and environmental performance

Ports, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) has secured the top position for its climate actions and environmental performance in assessments done by four global rating agencies.According to a press release by Adani, the CDP assigned leadership band “A-”
February 13, 2024

GTI welcomed maiden call of ME2 service

Logistics, Container Terminal, Private Port, Shipping Line, Terminal, Trade, Trending News
MUMBAI : GTI welcomed the maiden call of the ME2 service this week. The ME2 service, operated by Maersk is a premium service for export of grapes from
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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