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MOU Signed With Maersk Training On Training For Offshore Wind Personnel And Alternative Fuel Seafarer Education

ClassNK has signed an MOU (Memorandum of Understanding) with Maersk Training A/S regarding training for offshore wind farm operators and...
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Xeneta Raises $80 Million Led By Apax Digital

Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today announced an $80 million investment at...
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Peters & May Reports Continued Growth And New Appointments

World-leading global Freight Forwarding specialists Peters & May has continued to strengthen during the first six months of 2022 despite...
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Capesize Bounce Propels Baltic Index To Best Day In 7 Months

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, notched up its biggest daily...
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Staff At Britain’s Biggest Container Port Felixstowe To Strike Again

Workers at Britain’s biggest container port Felixstowe plan to stage a second eight-day strike over pay, a notice on the...
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Ports In Eastern China At Standstill As Typhoon Muifa Closes In

China’s eastern Zhejiang province ordered ships to return to port, asked schools to close and evacuated tourists on nearby islands,...
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South-East Asian Ports Record More Action Ahead Of Peak Season

As China grapples with the zero COVID policy and resulting lockdowns, the demand for containers declines amidst the busiest peak...
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Shipping Rates Plunge As Experts Say ‘Unprecedented’ Boom Has Peaked

Ocean shipping rates on major trade routes have fallen by more than half since the beginning of this year, a...
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China’s Weekly Export Container Shipping Index Down

China’s index of export container transport declined in the week ending on Sept. 9, according to the Shanghai Shipping Exchange....
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Gas And Heat And Bureau Veritas Make Cargo/Fuel Tank Compatible With Both LNG And Ammonia

Bureau Veritas (BV), a world leader in testing, inspection and certification, has awarded an Approval in Principle (AIP) to Gas...
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Shipping’s China Syndrome: Demand Sinks Across Multiple Cargo Markets

In the mid-2000s, when shipping stocks first became popular on Wall Street, the shares were commonly bought as a play...
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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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