LNG freight rates in the Atlantic and Pacific basins have continued to fall as tri-fuel diesel-electric charters have lost their edge, with a charterer saying they have “no advantage” over two-strokes. Platts, part of S&P Global Commodity Insights, assessed the...

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The chairpersons of the world’s biggest shipping industry organisations gathered on 6 February in Athens to discuss topics including greenhouse gas (GHG) reduction and the impact of geopolitics on shipping. By far the most important topic on the agenda was how the...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose supported by strong rates across all vessel segments on Friday, and registered its first weekly gain in five. The index, which factors in rates for...

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NEW DELHI: Had a very fruitful meeting today at MHA., chaired by Shri Anil Malik, Addl Secretary (Foreigners) with officials from MHA, Burea of Immigration (BoI), FRRO’s, Intelligence officials, MoPSW and DG Shipping reps. Official minutes will be issued by MHA in due...

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HD Hyundai announced on the 6th that its operating profit for 2024 is estimated to be around 3 trillion won, an increase of nearly 50% compared to the previous year. This is due to increased profitability in the institutional sector of shipbuilding and offshore and...

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