The Capesize market closed the week on a firm and optimistic note. Early activity was stifled by the Vesak Day holiday in Singapore, and while initial trading was subdued, sentiment remained bullish ...

MEG LR1 freight has sunk this week, a steeper fall than the LR2 ... has continued to be steady at the WS91 level. In the North Sea, the rate for the 80,000 mt Cross-UK Continent route (TD7) slipped 4 ...

Traditionally the exports were done by air route. Now the industry is embracing the cost-effective and sustainable sea-freight mode. India shipped pomegranates comprising 4,620 boxes, around 14 ...

The Christian Blind Mission (CBM) in collaboration with the European Union, has launched a three-year disability project to enhance inclusive development and sustainability for Persons with ...

Furthermore, freight sector companies can now utilise one warehouse for all their shipping activities -- land, maritime or air, it said. Detailing the steps involved for availing the integrated ...

A noticeable change in an adjustment in Cubic Metre (CBM) charges is set to directly affect importers, especially those who primarily rely on sea transport to ferry their merchandise from abroad. One ...

If it was not for the Yemenite Houthi’s random attack on so many vessels in the Red Sea, last year’s freight market for ... “Salalah LNG” with 148,173-cbm capacity just passed through ...

A.P. Moeller-Maersk hiked its dividend after posting a better-than-expected fourth-quarter swing to profit, with results boosted by higher shipping rates due to Red Sea trade disruption.

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said, adding that could see freight prices “come crashing down”.

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down".

Sea freight prices could drop "at least 20%, 25%" and that could happen over two to three months, Yuvraj Narayan told Reuters on the sidelines of the World Economic Forum meeting taking place in ...

Container (4.4m TEU of orders), gas (25.9m cbm) and tankers (53.9m dwt ... With a supportive freight market (driven by Red Sea re-routing) and underlying green fleet renewal commitments, liner ...