News Flash

DP World’s Vallarpadam Terminal suffers Volume setbacks

DP World’s Vallarpadam Terminal suffers Volume setbacks

In a major blow to its growth ambitions, DP World’s flagship VallarpadamTerminal in Cochin Port, suffered significant traffic declines in...
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ONE increases sailing frequency for Africa, India and Middle East (AIM) Service

ONE increases sailing frequency for Africa, India and Middle East (AIM) Service

Ocean Network Express (ONE) is pleased to announce that the Africa, India and Middle East (AIM) service will increase its sailing...
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Maersk’s new container protection prices for India

Maersk’s new container protection prices for India

Maersk has informed of an upcoming change in the tariff for its product, Container Protect, effective as of 15th May...
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West Coast port union, employers reach tentative agreement

West Coast port union, employers reach tentative agreement

The International Longshore and Warehouse Union (ILWU) said on Thursday it had reached a tentative agreement with the U.S. West...
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Russian vessels ‘mapping Nordic subsea energy assets’

Russian vessels ‘mapping Nordic subsea energy assets’

Russian spy ships have been mapping offshore wind farms, gas pipelines, electricity interconnectors and internet cables in waters around Denmark,...
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Geopolitical tensions and ‘friendshoring’ may redefine global trade patterns, warns Xeneta

Geopolitical tensions and ‘friendshoring’ may redefine global trade patterns, warns Xeneta

Mounting geopolitical tensions, shifting alliances and changes in the flow of foreign investment threaten to gradually remould global trade patterns,...
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Post Panamax Container values soften on MSC’s new purchase

Post Panamax Container values soften on MSC’s new purchase

Post Panamax values have softened as a result of MSCs recent purchase of the Lisbon (6,078 TEU, May 2003, Hanjin...
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Baltic index logs best day in over 5 weeks on growing vessel demand

Baltic index logs best day in over 5 weeks on growing vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, posted its biggest single-day gain...
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More Investment Dripping Through in the Newbuilding and S&P Markets

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

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 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

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

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 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

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 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

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

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

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

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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