News Flash

Baltic Index Rises On Higher Rates For Larger Vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday as rates...
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Dry Bulk Market: EU’s Ban On Russian Coal Lifts Demand Despite Economic Headwinds

Highlights– The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand...
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Japan-India Maritime Exercise, JIMEX 2022, Begins In The Bay Of Bengal

The sixth edition of Japan-India Maritime Exercise 2022 (JIMEX 22) hosted by Indian Navy began in the Bay of Bengal...
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CM Patel Praises Gujarat’s Development As Maritime

Chief Minister Bhupendra Patel, praised the Narendra Modi government for making Gujarat a maritime success story while addressing the International...
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Right Time To Invest In Expanded & Upgraded India’s Ports Sector To Strengthen Logistics

Commerce and Industry Minister Shri Piyush Goyal visited US and highlighted how digitisation is powering India’s growth, pitched for India...
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AMTOI Calls For Ports And Infra Development In Eastern Region

AMTOI (Association of Multimodal Transport Operators of India), the only Pan India trade body in shipping and logistics industry for...
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China Ningbo Containerized Freight Index Down 11.6 pct

The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container...
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Russian Oil Still Flowing To Europe Via Waters Off Greece

The West has sanctioned Russia over its invasion of Ukraine, but Russian oil continues to flow to Europe via hidden...
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Cruel Summer For Container, Dry Bulk Stocks As Sun Shines On Tankers

Stocks of container and dry bulk shipowners took a beating this summer. Tanker stocks continued their ascent, with many U.S.-listed...
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Ardmore Shipping To Consider Building Methanol-Fueled Tankers

Leading tankers’ major, Ardmore Shipping may consider ordering new ships with an option to run on methanol fuel, a senior...
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Tanker Market Eased This Week

Clean For the Middle East clean market it has been muted compared to last week. TC1 saw marginal gains over...
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Dry Bulk Market: Capesize Sector Flat On Mixed Performance

Capesize The Capesize sector spent the week trundling along the market floor as the last few day’s brief revival of...
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Shipping’s Emissions Reduction Regulation Should Take Trade Practice Into Account

Shipping is about to experience its latest round of emission reduction this coming January and already some trouble could arise...
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SAFEEN Feeders Launches New UAE-China Service

AD Ports Group’s SAFEEN Feeders has launched a new UAE-China service, deploying a recently purchased container vessel, SAFEEN Power, with...
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West Coast Port Congestion Leads Norfolk Southern, Union Pacific To Test New Ideas In Cross-Country Rail Shipping

Ongoing rail congestion at West Coast ports has created an opportunity for East Coast ports, container shipping companies and rail...
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LR Award ‘Digital Twin Approved Certification’ To Furuno For HermAce VDR

LR has awarded Furuno Hellas with ‘Digital Twin Approved Certification’ for its ground-breaking HermAce monitoring platform and Voyage Data Recorder...
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APM Terminals Pipavav Sets High Performance Standard In Ship Movement

APM Terminals Pipavav believes in high operation standards. In pursuit of operational excellence and to serve customers better, the port...
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India’s BPCL Plans To Load Sokol Cargo In Sept

Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia’s Sokol crude oil...
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Russian Vessels With Oil Enter EU Via Hidden Maritime Routes Off Coast Of Greece

Dozens of vessels loaded with Russian oil covertly arrived at European ports, despite the fact that the European Union imposed a partial embargo...
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Athens To Host Agenda-Setting Global Maritime Convention Prestigious Propeller Club’s Annual Event Sets The Tone Of Shipping Industry Discourse

This year’s International Annual Convention and Conference will be held in Athens this September in front of hundreds of delegates...
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