Baltic index extends losses on weaker capesize, supramax rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on Thursday, dragged
BIMCO: Container Shipping Market Overview & Outlook December 2024
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity
A bullish year for global shipping : Container market experienced remarkable growth in 2024
BOSTON : The year 2024 has seen values rise to near-record levels across Container sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong
PM inaugurates and lays the Foundation stone for 24 projects related to Energy, Road, Railways and W
NEW DELHI : The Prime Minister Shri Narendra Modi participated in ‘Ek Varsh-Parinaam Utkarsh’: Completion of one year of State Government of Rajasthan’ programme. Addressing the gathering, he
Vizhinjam International Seaport gets new Identity: A Fresh Location Code for Global Navigation
THIRUVANANTHPURAM : The Vizhinjam International Seaport has embarked on a new chapter as it updated its location code to IN TRV 01, Kerala Minister for Ports Shri V
JNPA extends heartfelt sympathies to all affected by boat mishap in Mumbai
MUMBAI : JNPA extends its heartfelt sympathies to all those affected by the unfortunate boat mishap near the Gateway of India. We are thankful to the vigilance and
JSW Infrastructure arm secures ₹500-crore loan for Tuticorin Port expansion
MUMBAI : JSW Group firm JSW Infrastructure Ltd on Wednesday (December 18) said its wholly-owned subsidiary, JSW Tuticorin Multipurpose Terminal Private Ltd, has secured a ₹500-crore term loan
Indian Register of Shipping supports Defence indigenisation through marine component certification
MUMBAI : Indian Register of Shipping (IRS) has undertaken the certification of indigenously developed marine components for defence projects, marking a significant milestone in enhancing defence and maritime
PESB selects Samuel Praveen Kumar as CWC’s Director (Marketing & Corporate Planning)
NEW DELHI : Samuel Praveen Kumar is set to be next Director (Marketing & Corporate Planning) of Central Warehousing Corporation (CWC), a PSU under the Ministry of Consumer
DP World enhances Rail Freight Operations to support growth of Containerised Rail Cargo
REWARI : DP World, a leading global provider of smart end-to-end supply chain logistics and one of India’s largest private rail freight operators, is set to support the