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June 26, 2025

Container Shipping: BIMCO forecasts Stable demand outlook despite US trade policies

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : “We forecast a stable demand outlook for the container shipping sector in line with our previous report despite the uncertainties introduced by new US trade policies. We expect the supply/demand balance to
June 26, 2025

Asia-US container rates plunge as June hikes fail to stick

International Shipping, Export - Import, Global Trade, Shipping, Shipping Line, Trending News
LONDON : Rates for shipping containers from Asia to the US are plummeting this week as general rate increases (GRIs) that took effect on 1 June failed to hold. Market intelligence group Linerlytica said
June 26, 2025

Lehmann Marine launches water-cooled 2C LFP battery system AQUBE

International Shipping, Maritime, Shipping Line, Technology, Trending News
HAMBURG : Lehmann Marine has launched their latest product development, the AQUBE battery system. This new water-cooled, high-power energy storage solution features a continuous 2C charge/discharge rate. Lehmann anticipate highly positive market feedback, with
June 26, 2025

ClassNK opens new survey office in Jacksonville, U.S.A.

Maritime, Classification Society, International Shipping, Shipping Line, Trending News
TOKYO : ClassNK has opened a new exclusive survey office in Jacksonville, U.S.A. Located in northeastern Florida, Jacksonville serves as the state’s largest container port and ranks among the nation’s leading vehicle-handling ports, playing
June 25, 2025

Merchant Navy Welfare Board (India) and Global Seafarers Organisation launch Nationwide Campaign – “My Harassment-Free Ship”

Maritime, Organisation, Seafarers, Shipping, Trending News
KAKINADA : In a landmark move to promote seafarer dignity and workplace safety, the Merchant Navy Welfare Board (India) and the Global Seafarers Organisation (GSWO) Joint Action Committee have officially launched the IMO Day
June 25, 2025

India charting new road with record export, free trade agreements : Piyush Goyal

EXPORT, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India is charting a new road to economic prosperity with record export figures and multiple free trade agreements, Commerce Minister Shri Piyush Goyal said on Monday, highlighting the Vanijya Bhawan’s efficient
June 25, 2025

Nirmala Sitharaman highlights key policy measures to promote export-led growth at Exim Bank’s Trade Conclave

Export - Import, Economy, Finance, Global Trade, MSME, Trade, Trending News
NEW DELHI : Export Import Bank of India (EXIM) hosted the Trade Conclave 2025 on 24th June 2025, in a significant move to build export-led growth for Viksit Bharat. Speaking on the occasion, Smt.
June 25, 2025

Modi Govt has driven quantum change: Piyush Goyal

EXPORT, COMMERCE, Finance, Global Trade, Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry Shri Goyal stated that the government under Prime Minister Shri Narendra Modi has focused on quantum change, not incremental progress and it focused not only
June 25, 2025

IMO celebrates Day of the Seafarer today

International Shipping, Maritime, Seafarers, Shipping, Shipping Line, Trending News
LONDON : On 25 June, the global maritime community comes together to celebrate the Day of the Seafarer. This year, IMO launched the campaign ‘My Harassment-Free Ship‘, a bold initiative to promote a culture of
June 25, 2025

India is not a tariff king : Nirmala Sitharaman

Export - Import, Finance, Global Trade, Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Tuesday rebutted the label of “tariff king” often used by US President Donald Trump for India, and said the country’s effective tariff rates are far
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