News Flash
Maharashtra government exploring two new deep water greenfield ports in Konkan region
The Maharashtra government is looking at developing two new deep water greenfield ports in the Konkan region. Greenfield projects are built...
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India says Rosneft requesting to further ties to send more coking coal
India’s steel secretary Nagendra Nath Sinha said on Friday Russian oil company Rosneft had sent a request to further its...
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PM Hasina offers India to use Chittagong, Sylhet ports
Prime Minister Sheikh Hasina on Sunday stressed the need for enhancing regional connectivity for boosting trade and commerce, offering India...
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Largest Capacity Crane In Sri Lanka Unloaded At HIP
Last week, the largest capacity crawler crane in Sri Lanka was unloaded at Hambantota International Port. The crane, with a...
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AD Ports Group signs a 30-year Concession Agreement to Develop and Operate Safaga Port in Egypt
AD Ports Group, the leading facilitator of global trade, logistics, and industry, today announced the signing of a concession agreement...
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Haropa Port On Tour In India To Present Its Green Corridor And Its Opportunities For Real Estate
Back in India for the first time since the Covid pandemic, today in Mumbai HAROPA PORT completes its visit to...
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China rescues foreign cargo ship with 21-member crew in South China Sea
A foreign cargo ship with 21 crew members on board has been towed to safety in the Pearl River estuary...
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ABS and Leading Korean Players Take Aim at Scope 3 Emissions Methodologies
ABS is leading a unique approach to advance the shipbuilding industry’s decarbonization efforts with a joint development project (JDP) involving...
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AMP Reaffirms its Cooperation Ties With Dinland And The International Maritime Organization
The close relationship and the strengthening of the ties of friendship between the Republic of Panama represented by the Panama...
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Turkey, Ukraine, UN say Black Sea grain deal extended
The Black Sea Grain Initiative, which covers exports of agricultural products from Ukrainian Black Sea ports has been extended, representatives...
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Easing supply chains likely to keep downward pressure on freight rates
Rates for transporting chemicals on various modes of transportation continue to face downward pressure as reduced demand has helped ease...
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Container prices in Asia take a hit in March 2023 on low demand, higher inventory
Container prices fell in March 2023 due to sluggish consumer demand and excess inventory in Asia, online container logistics company...
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Product Tankers in Asia to Keep Benefitting From Australian Demand
Product tankers and more specifically, MRs are to keep benefitting from increasing demand from Australia. In its latest weekly report,...
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Dry Bulk Market: Capesize Market Keeps Improving, Albeit at a Slower Pace
Capesize The Capesize lifted $2,401 for its time charter average on Tuesday, but failed to keep up the uprising trend...
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HD Hyundai builds industrial alliance for carbon neutrality
South Korea’s HD Hyundai, the world’s largest shipbuilding group, said Friday it is forming the industry’s first alliance for carbon...
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Net-Zero Industry Act must recognize strategic role of shipping for Europe’s security
European shipowners today welcome the EU’s proposed Net-Zero Industry Act. The Act can be step-change in efforts to enhance Europe’s...
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Clean Shipping Coalition: UN at defining moment for 2030 and 2040 climate action on shipping
The International Maritime Organization (IMO) has a historic opportunity in the next three months to put the global shipping industry...
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Baltic index logs fourth straight weekly rise
The Baltic Exchange’s main sea freight index dipped on Friday on weaker demand for capesize and panamax vessels, although gained...
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Diana Shipping Inc. Announces Time Charter Contract for m/v Leonidas P. C. With Cargill
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that,...
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Dynagas LNG Partners LP Retains Positive LNG Shipping Outlook
Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the...
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