Logistics News

India: Government issues fresh guidelines to protect ship movement in the Persian Gulf

April 19, 2024• by

The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers,...

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Imoto Lines and Marindows launch next-generation zero-emission container ship project

April 19, 2024• by

Imoto Lines and Marindows, as a first step in transforming the future of domestic maritime shipping, will build the next generation of zero-emission domestic...

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World’s First Ammonia Dual-Fuel Aframaxes to be Developed by MISC

April 19, 2024• by

AET also signed the Shipbuilding Contracts (SBC) for these two vessels with Dalian Shipbuilding Industry Co., Ltd (DSIC), a subsidiary of China State...

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Drewry: World Container Index Down 3% Last Week

April 19, 2024• by

Drewry’s World Container Index decreased by 3% to $2,719 per 40ft container this week. Our detailed assessment for Thursday, 18 April 2024 • The composite...

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Baltic index logs weekly gain on stronger rates across all vessel segments

April 19, 2024• by

The Baltic Exchange’s dry bulk sea freight index gained on Friday and posted its best week in overseven weeks, steered by firmer rates across vessel types....

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Shipping industry call for help following the seizure of the MSC Aries and its crew members

April 19, 2024• by

Your Excellency Secretary-General Guterres, The maritime industry, represented by the organisations behind this letter, are grateful for the recognition that...

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Global freight, insurance, crew wages to spike as Israel attacks Iran: shippers

April 19, 2024• by

Global shipping freight, insurance and crew wages will likely increase significantly in the near term after Israel launched a retaliatory missile attack on...

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World trade set for rebound

April 19, 2024• by

The World Trade Organization (WTO) has predicted a gradual recovery in global trade this year, following a contraction in 2023 caused by high energy prices and...

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Reflecting on One Year of CII Regulations: Navigating Decarbonization in Shipping

April 19, 2024• by

As we mark one year since the enforcement of the Carbon Intensity Indicator (CII) regulation, the maritime industry is reflecting on the impacts and challenges...

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Attacks on Shipping ‘Unacceptable’, Industry Associations Tell UN

April 19, 2024• by

… Guterres, 16 maritime shipping and transportation organizations called … in the attacks on shipping. Shipping is not a … shipping on a wider scale....

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