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July 19, 2025

PIL opens new office in Guatemala

International Shipping, Global Trade, Shipping, Shipping Line, Trending News
GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. “This new office represents much more than a physical space; it symbolises our firm
July 19, 2025

Global Shipping Giants bet big on ULCVs as trade flows evolve

International Shipping, Economy, Global Trade, Trending News
The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape commercial dynamics. According to Veson Nautical‘s Shipping Market Outlook for
July 19, 2025

South Africa advances plans to decarbonize shipping sector

Maritime, Economy, Finance, Global Trade, Trending News
South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans to implement key IMO regulations on shipping emissions and establish a national task force and action plan to drive the effort.
July 19, 2025

Sanfu Shipyard delivers methanol dual‑fuel feeders to MPC Container Ships

Ship Building, Ship Repair, Shipyards, Trending News
TAIZHOU CITY : Sanfu Shipyard, officially Taizhou Sanfu Ship Engineering Co., Ltd., has delivered two DNV‑class methanol dual‑fuel 1,300 TEU container feeder vessels—the NCL Vestland and NCL Nordland—to owner MPC Container Ships ASA (MPCC) and long‑term charterer
July 19, 2025

Drewry: World Container Index down 2.6% last week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation
July 19, 2025

Baltic Index posts Biggest Weekly Gain in four months on Capesize increase

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest weekly gain in over four months, supported by a steady
July 18, 2025

CMD CONCOR engages with trade in Morbi ; Highlights benefits of newly established Gati-Shakti Cargo Terminal (GCT) – Rafaleshwar

Logistics, Private Freight Terminal, Rail Freight, Supply Chain, Trending News
MORBI : Shri Sanjay Swarup, Chairman and Managing Director of Container Corporation of India Ltd. (CONCOR), met with key trade stakeholders in Morbi to discuss the newly established flagship multimodal logistics terminal at Rafaleshwar,
July 18, 2025

Piyush Goyal interacts with Heads of Commercial Wings in Indian Missions Abroad

Trade, COMMERCE, Global Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal interacted with Heads of the Commercial Wings posted in 74 Indian Missions abroad across 61 countries on 16th July 2025 through video
July 18, 2025

Vadhavan Port is India’s march towards maritime superpower : Maharastra CM

Ports, Coastal Shipping, Maritime, Trade, Trending News
MUMBAI : Chief Minister Shri Devendra Fadnavis on Wednesday said that with the construction of Vadhavan Port, Maharashtra and India are marching rapidly towards becoming a maritime superpower, and this project will not just
July 18, 2025

Commerce Ministry tracks import surges, alerts line ministries to tackle dumping threats

Export - Import, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The Union Commerce Ministry has started monitoring unusual surges in imports of several commodities and is sending regular reports to line ministries. Due to trade diversions worldwide, as exports seek low-tariff
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