October 8, 2021
March 27, 2026
October 8, 2021
Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal
Yet another sign of stress for energy supplies and global supply chains: Spot rates for large dry cargo ships just topped $80,000 per day for the first time since 2009, and freight derivatives for
October 8, 2021
Baltic index extends rally as capesize benchmark breaches 10,000 points
The Baltic Exchange’s main dry bulk sea freight index extended its rally as robust demand and port congestion propelled the capesize index above 10,000 points for the first time in more than 13 years.
October 8, 2021
BIMCO Supports IMO Development Of Global Remote Inspection Guidelines
During the COVID-19 pandemic, the shipping industry has faced challenges when it comes to conducting surveys and inspections physically on board ships. As a result of social distancing requirements during the pandemic, remote surveys
October 8, 2021
New Heavy-Lift Vessel Katori enters Nanao Port for first time
TOKYO : The next-generation energy-saving heavy-lift carrier Katori entered the Port of Nanao in Ishikawa prefecture for the first time, transporting wind turbine equipment loaded at the Port of Dalian and Port of Jiangyin,
October 8, 2021
Where have all the truck drivers gone?
The shortage of heavy goods vehicle drivers is a global problem that has been ignored and allowed to fester for years Anyone watching news coverage from the UK recently could be forgiven for thinking
October 7, 2021
Cargo volumes at dozen major ports rise 16 per cent during April-September to 347 mt
MUMBAI : Cargo handled at India’s dozen state-owned major ports rose 16.12 per cent during the April-September period to 347.020 million tonnes (mt) from 298.848 mt a year ago. Thermal and steam coal shipments
October 7, 2021
While China’s export economy collapses, India’s quarterly exports touch $100 billion for the first time ever
NEW DELHI : India is scoring big on all major economic parameters. The naysayers believe that India’s economy is in a bad shape, but data has been proving them wrong consistently. India is well
October 7, 2021
Union Cabinet approves Rs 4,445 crore PM MITRA Yojana to setup mega textile parks
NEW DELHI : Union Ministers Piyush Goyal and Anurag Thakur announced that a proposal for setting up of Rs 4,445 crore mega investment textile parks has been approved during a cabinet briefing on Wednesday.
October 7, 2021