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Maritime
Carbon Pricing Set to Cost Global Shipping $50B+ Annually by 2030
The maritime sector is bracing for a seismic financial shift as carbon pricing transitions from compliance mandates to direct hits on profitability. In 2025, the EU ETS alone could burden the industry with over $6 billion...
Port Terminal Services
Bangladesh to Outsource Three Major Container Terminals to International Firms by December
Bangladesh's Shipping Ministry is set to hand over operations of three vital container facilities to foreign experts by year's end, focusing on upgrading infrastructure and streamlining trade flows. The sites—New Mooring Container Terminal (NCT) in Chattogram...
Port Terminal Services
Vizhinjam Port Launches Accelerated Multi-Phase Expansion for Global Trade Boost
Kerala's Vizhinjam International Port is gearing up for a transformative upgrade, with its second development stage kicking off on November 5 under the leadership of Chief Minister Pinarayi Vijayan. In a bold move, the project will fast-track phases two throu...
Chartering & Broking
Global Dry Bulk Charter Rates Hold Firm in October 13, 2025 Update
As of October 13, 2025, the dry bulk charter market shows steady demand with Handy-sized vessels commanding rates between $7,500 and $26,000 for key routes like Continent to EC...
Chartering & Broking
Daily Dry Bulk Ship Charter Rates Update - October 11, 2025
As of October 11, 2025, the dry bulk charter market shows steady demand with Handy-sized vessels fixing at $10,500–$26,000 for key routes like Continent to ECSA or USG to Brazi...
Chartering & Broking
Global Dry Bulk Charter Rates Hold Firm in October 10, 2025 Update
The dry bulk shipping market shows steady demand with Handy-sized vessels commanding rates between $7,500 and $26,000 for key routes like Continent to ECSA and USG to Brazil. S...
Chartering & Broking
ABS Marine Secures ₹27 Crore DP-2 PSV Charter Deal with L&T
ABS Marine Services Ltd clinches a ₹27 crore deal with Larsen & Toubro (L&T) to charter a DP-2 Platform Supply Vessel for 120 firm days, plus a potential 56-day extension, bolstering L&T's offshore energy ventures. This pact emphasizes ABS Marine's robust capabilities in vess...
Freight Forwarders
Trade Tech Designated for UAE MPCI Cargo Compliance Program
Trade Tech, Inc. earns designation as an authorized partner for the UAE's Maritime Pre-Load Cargo Information (MPCI) initiative, launched in August 2025 to enforce 24-hour pre-loading electronic cargo declarations for non-UAE origins. Overseen by the National Advance Informat...
Ocean Logistics
Global Logistics Launches Direct Sokhna-Aden Shipping Service in Six Days
Global Logistics, under Kadmar Shipping Group, has rolled out a direct weekly shipping route linking Egypt's Ain Sokhna Port to Yemen's Aden Port, slashing transit to just six days via partner CULines. This streamlined service builds on recent expansions to Asian hubs like Si...
Land Logistics
Brundamal GCT Inaugurated: Revolutionizing Coal Freight in Odisha's Ib Valley
India's latest infrastructure milestone features the launch of the Brundamal Gati Shakti Multi-Modal Cargo Terminal (GCT) in Jharsuguda, Odisha, designed to streamline coal transport from Talabira and Ib Valley mines. Built on railway land under the East Coast Railway, this p...
Chartering & Broking
Daily Ship Charter Rates Update: October 9, 2025 – Steady Demand in Dry Bulk Fixtures
The latest daily update on ship charter rates as of October 9, 2025, shows stable to slightly firming trends across key dry bulk segments. Handy-sized vessels are seeing rates around $11,000–$
Land Logistics
CONCOR Partners with UltraTech Cement for India's First Rail-Driven Bulk Cement Logistics
Container Corporation of India (CONCOR) has forged a pioneering alliance with UltraTech Cement to revolutionize bulk cement transport via specialized rail containers, marking India's inaugural major shift from road to rail logistics. This partnership leverages CONCOR's rail e...
Chartering & Broking
Global Ship Charter Rates Snapshot: October 8, 2025
As of October 8, 2025, global ship charter rates show stability in the dry bulk sector, with Handy vessels averaging $11,000-$12,000 daily for key routes like ECSA to China and...
Maritime
SCI Set to Launch Tenders for Crude Oil Tankers as VLGC Shivalik Boosts Gas Fleet at Visakhapatnam
India's Shipping Corporation (SCI) is gearing up to issue tenders soon for medium-range crude oil tankers, as announced by Chairman Capt. Binesh Kumar Tyagi during the arrival of the new VLGC Shivalik at Visakhapatnam Port. The vessel, SCI's second gas carrier after Sahyadri,...
Chartering & Broking
The ship charter market - October 07. 2025
As of October 7, 2025, global ship charter rates remain stable with Handy vessels fixing at around $11,000–$25,000 for key routes like Continent to ECSA and USG to Continent. S...
Ocean Logistics
Bangladesh Secures Modest Logistics FDI Share in South Asia, Report Recommends Incentive-Driven Growth
A recent IFC-GlobalData analysis reveals Bangladesh captured only $1.8 billion in greenfield FDI for logistics from 2019-2024—merely 4.9% of South Asia's total—despite 10 key projects and $
Port Terminal Services
Pakistan Proposes Pasni Port to Strengthen Critical Minerals Supply Chain with US
Pakistan is advancing a bold initiative to build a new deep-sea port at Pasni in Balochistan, strategically located 70 miles from the China-backed Gwadar, aiming to transform the nation into a vital supplier of critical minerals like copper and antimony to the United States. ...
Land Logistics
Waltair Division of Indian Railways Reports Double-Digit Growth in H1 FY 2025-26 Freight and Passenger Metrics
In the first half of FY 2025-26, the Waltair Division of Indian Railways has surpassed previous benchmarks with a 10.9% surge in overall loading to 39.18 million tonnes, fueled by a 21.69% increase in iron ore transport via KRDL–BCHL routes. Freight earnings climbed 12.18%, a...
Chartering & Broking
Global Dry Bulk Charter Rates Snapshot: Steady Fixtures Across Handy, Supramax, and Panamax Segments
Global dry bulk charter markets show steady activity with Handy-sized vessels fixing at $7,500–$25,000 across key routes like Continent to ECSA and USG to Brazil. Supramax and ...
Chartering & Broking
Daily Ship Charter Rates Update – October 4, 2025
Daily updated ship charter rates for October 4, 2025, show varied pricing across Handy, Supramax, Ultramax, and Panamax vessels on multiple global routes. Handy vessels range from $7,500 to $
