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Drewry: World Container Index up 8% last week

LONDON: Drewry’s World Container Index increased 8% to $1,959 per 40ft container this week. Drewry's detailed assessment for Thursday, 06 Nov 2025 The Drewry World Container...

Baltic Index hits over Three-Week High, Ends week firmer

LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an over three-week high on...

MoPSW honours Maritime Excellence Achievers 2025 at India Maritime Week

MUMBAI: During the India's biggest maritime event India Maritime Week 2025, the Ministry of Ports, Shipping and Waterways (MoPSW), under its flagship Sagarmala Programme,...

Karnataka Maritime Board signs pacts worth ₹4,500 crore at IMW 2025

MUMBAI : Karnataka Maritime Board (KMB) has signed formal MoUs and a concession agreement with different stakeholders. According to KMB, the MoUs focused on...

European Delegation visits Green Hydrogen Plant at Kandla Port

GANDHIDHAM : Deendayal Port Authority Kandla is steadily advancing towards becoming India’s Green Maritime Hub. A Delegation of European experts on certification and EU...

AITransmute Solutions unveils breakthrough in maritime AI innovation

MUMBAI : At India Maritime Week 2025, AITransmute Solutions, an early-stage deep-tech startup working on AI-driven port automation, was recognised with the Maritime Excellence...

Piyush Goyal holds a series of high-level engagements in Rotorua on Day 2 of his official visit to New Zealand

ROTORUA : Union Minister of Commerce & Industry, Shri Piyush Goyal, undertook multiple high-level engagements aimed at deepening bilateral cooperation in trade, investment, connectivity,...

‘Made in India’ may soon be etched on the World’s Ships: Supal Shah

MUMBAI: For decades, the Indian flag fluttered quietly in world shipping registers, overshadowed by Panama, Liberia and the Marshall Islands. Today, it’s at the...

9th Round of India-Peru Trade Agreement and 3rd Round of India-Chile CEPA negotiations successfully concluded

NEW DELHI : India has successfully concluded two key rounds of trade negotiations with partner countries in Latin America, underscoring the Government’s commitment to...

Maersk announces strong performance for Q3 2025 with EBITDA at USD 2.7bn and EBIT at USD 1.3bn amid operational gains

COPENHAGEN : Maersk reported strong financial results in the third quarter of 2025, driven by operational improvements and proactive cost measures. The company achieved sequential...
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