News Flash

Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari said a direct shipping line has been launched between Iran and...

ABS and HD Hyundai signed a comprehensive memorandum of understanding (MoU) to continue working together on industry-leading autonomous projects. Building...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, ended a six-session losing streak...

While multipurpose vessel (MPV) rates are expected to soften through 2023, the rate of decline is expected to be less...

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should...

Investment strategies involving a shipping company’s assets are always a tricky proposition, but nevertheless an integral part of each ship...

The Saudi Ports Authority (Mawani) revealed on Monday that liner operator MSC (Mediterranean Shipping Company) will start a new shipping...

With the aim to ramp up capacity in Pandu port in Guwahati, Prime Minister Narendra Modi will unveil the foundation...

India’s nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government...

A general cargo ship, Sea Express, lost stability during cargo operations at Mundra Port in India over the weekend. The 17,500...

While there was frustration that governments failed to raise the bar on climate action at COP27, some key announcements made...

In preparation for border reopening with the Hong Kong Special Administrative Region (HKSAR) since January 8, ports in neighboring Shenzhen...

French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an...

Head of the Iran-Brazil Joint Chamber of Commerce has announced the possibility of launching a direct shipping line between the...

NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI) received an Approval in Principle (AiP) on December 26,...

Mitsui O.S.K. Lines, Ltd. (MOL), MOL Ferry Co., Ltd. (MOL Ferry), Japan Petroleum Exploration Co., Ltd. (JAPEX) and Hokkaido Gas...

Climate change and energy uncertainty in the face of political conflict have brought new urgency to the energy transition, and...

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the...

India is in a relative “bright spot” in the world economy, but needs to leverage its existing strength in services...

Drewry’s composite World Container Index (WCI) rose 0.7% in the week ended 5 January 2023, ending 43 weeks of consecutive...