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September 15, 2025

DNV and HD Hyundai Heavy Industries sign MOU for optimized 200K cbm LNG Carrier Design

International Shipping, Classification Society, Maritime, Shipping, Shipping Line, Trade, Trending News
MILAN: DNV and HD Hyundai Heavy Industries (HD HHI) have signed a Memorandum of Understanding (MOU) to collaborate on the development and verification of an optimized 200,000 cubic meter LNG carrier. The new design
September 15, 2025

Xeneta Weekly Ocean Container Shipping Market: Far East into Europe and the US declined last week

Container, International Shipping, Shipping Line, Trade, Trending News
OSLO: • The average spot rates from Far East into both Europe and North America all declined steadily from a week ago. This follows from last week, where we saw differing directions – with
September 15, 2025

Drewry: World Container Index down 3% last week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes provided
September 15, 2025

Baltic Index climbs to over One-Month High on gains across all Vessels

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON: The Baltic Exchange’s dry bulk sea freight index rose to its highest in more than a month on Friday, supported by higher rates across all vessel segments. The main index, which factors in
September 13, 2025

PM Modi shares an article on the Great Nicobar Island Project which transforms the region into a major hub of maritime and air connectivity in the Indian Ocean Region

Maritime, Infrastructure, Ports, Project Cargo, Trade, Transhipment Port, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi on Friday shared an article explaining the Great Nicobar Island Project, which is of strategic, defence and national importance, transforms the region into a major hub
September 13, 2025

Mormugao Port Authority hosts Grand ‘Roadshow’ Event ahead of ‘India Maritime Week 2025’

Maritime, Ports, Shipping, Trade, Trending News
GOA: The Directorate General of Lighthouses and Lightships (DGLL) along with the Mormugao Port Authority (MPA) under the egis of The Ministry of Ports, Shipping and Waterways (MoPSW) and Indian Ports Association (IPA), successfully
September 13, 2025

DPA Kandla is the first Port to expand beyond Gujarat

Ports, Global Trade, Maritime, Shipping, Trade, Trending News
GANDHIDHAM : Deendayal Port Authority Kandla, in Gujarat is expected to become the first major port in India to expand into other states. Currently the port authorities are engaged in high-stakes negotiations for taking
September 13, 2025

INMEX SMM India 2025 highlights Green Shipping and Global Connectivity, Sailing Towards Sustainability

Maritime, Ports, Shipping, Trade, Trending News
MUMBAI : Informa Markets in India, successfully hosted the 14th edition of INMEX SMM India 2025, South Asia’s premier maritime event at the Bombay Exhibition Centre, Mumbai. The show runs from 10th to 12th
September 13, 2025

Piyush Goyal inaugurates APEDA’s first Office in Patna marking a new chapter in Bihar’s Agri-Export Journey

EXPORT, COMMERCE, Finance, Global Trade, Maritime, Trade, Trending News
PATNA : In a significant step towards transforming Bihar into a powerhouse of agricultural and processed food exports, Union Minister of Commerce & Industry, Shri Piyush Goyal inaugurated the Regional Office of the Agricultural
September 13, 2025

India advances free trade talks with Australia, eyes $300 billion foreign investment

Maritime, COMMERCE, Economy, Finance, Global Trade, Ports, Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal said that India will soon finalize the second tranche of a Free Trade Agreement (FTA) with Australia and expects to conclude an FTA with
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