Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
AD Ports Group expands cooperation with Kazakh Partners
ABU DHABI : Noatum Maritime, the Maritime & Shipping arm of AD Ports Group (ADPORTS), a leading facilitator of global trade, logistics, and industry, has strengthened its collaboration
Kuwait Ports Authority gears up for transition to smart ports
KUWAIT : Sheikh Khaled Salem Abdulaziz Al-Sabah, Director General of Kuwait Ports Authority, has reiterated the Authority’s commitment to embracing the era of smart ports, aligning with a
ADC joins MED Ports Association to boost Regional Maritime Collaboration
AQABA : The Aqaba Development Corporation (ADC), the primary landlord of Aqaba’s seaports, has joined the MED Ports Association, a prestigious network of 31 leading port stakeholders across
Dark fleet, decarbonization and geopolitical pressures remain top maritime focus areas in 2025 : IMO
LONDON : Range of pressing issues to be addressed this year by the world’s shipping regulator. Speaking at a news conference on 14 January 2025, Secretary-General Arsenio Dominguez
Product Tanker deliveries seen jumping 256% to 16-year high : BIMCO
LONDON : “According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to
Baltic Index down for third straight session on lower capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt
PM Modi dedicates frontline naval combatants INS Surat, INS Nilgiri & INS Vaghsheer to the nati
MUMBAI : The Prime Minister Shri Narendra Modi dedicated three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation on their commissioning at the
Piyush Goyal launches National Turmeric Board
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its
India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Bud
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to
