News Flash

More Investment Dripping Through in the Newbuilding and S&P Markets

Activity was rather increased this past week, both in the newbuilding, as well as the S&P markets. In its latest...
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India and Russia plan big on transport corridors — Mundra to Saint Petersburg, Chennai to Vladivostok

FESCO, one of the largest private transport and logistics companies in Russia, has announced that it has signed an agreement...
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India won’t overtake China in economy even if it becomes world’s most populous nation

India has made headlines recently as the UN estimated that it may overtake China as the world’s most populous country...
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Goa’s logistics industry pushes for infra-update of Mormugao Port

The logistics industry of Goa has urged the Mormugao Ports Authority (MPA) to update its infrastructure in order to ensure...
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HMM to Test Shipboard Carbon Capture on Containership

South Korean shipping company HMM has announced plans to conduct field tests of a shipboard carbon capture system on board...
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Russia accuses Ukraine of sabotaging grain deal with bribery scheme

Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from ship owners to register...
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IMO 2020 Implementation : Low Sulphur Go Green Recovery (LGGR) For May 2023

The International Maritime Organization (IMO) will implement a new sulphur cap for marine fuel oil starting 1st January 2020, to...
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DNV launches real-time emissions data verification solution for trusted collaboration across maritime value chain

DNV has launched Emissions Connect, an emissions data verification engine and data management platform, designed to help the maritime industry...
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Black Sea grain deal elusive despite resumption of ship inspections

Inspections of ships carrying Ukrainian grain from the Black Sea resumed on Wednesday under a U.N.-brokered deal, but Kyiv said...
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Container oversupply risk looms over China with empty containers at ports

Asia’s maritime and supply chain industry is on a tumultuous ride, experiencing significant disruptions in trade patterns resulting in container...
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Baltic index edges up on panamax, supramax gains

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session losing streak...
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Palm finishes lower as heavy crude losses weigh

Malaysian palm oil futures finished lower on Wednesday, as a sharp drop in crude prices weighed on sentiment, while profit-taking...
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India, Russia talk free trade deal in step-up of relations

India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that...
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TK Ramachandran is the New Dredging Corporation Chairman

Dredging Corporation of India (DCI) has appointed TK Ramachandran Chairman of VOC Port Tuticorin as Chairman of the company. His...
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Sea Surface Temperatures Worldwide Reach An All-Time High Breaking All Records

This April, sea surface temperatures (SSTs) around the world are at their highest levels ever. Notably, the Indian Ocean region...
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Container terminal operator margin pressure to ease

Container terminal operator earnings have declined as slowing trade and escalating costs have brought margins under pressure. But an improving...
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Port of Antwerp-Bruges throughput hit by macroeconomics, war

First quarter throughput at the Port of Antwerp-Bruges dropped by4.5% on-year, reflecting changing European trade flows. The port said that...
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Container spot rates on a ‘likely recovery path’: HSBC

In its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized Freight Index (SCFI) has climbed 8% week-on-week...
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Nippon Express in talks to buy Logistics firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logisticsprovider Cargo-Partner GmbH, people with knowledge of the matter said.The...
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PIL : Successful delivery of ISO tank containers from Nansha to Port Kuching

Testament to its operational efficiencies and capabilities, PIL hassuccessfully delivered a special cargo of two ISO tank containers with TSD...
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