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. The overall index, which factors in rates…
Your Excellency Secretary-General Guterres, The maritime industry, represented by the organisations behind this letter, are grateful for the recognition that the UN Security Council and you personally have placed on the shipping industry and…
بمناسبة حلول عيد الفطر المبارك ” شركة البداية للتصدير وأعمال التخليص “ تتقدم إليكم بأجمل التهاني وأطيب التبريكات داعيا الله العلي القدير أن يعيده عليكم وعلى شعوب الأمة العربية والإسلامية بالخير واليمن والبركات وكل…
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed…
The northern Chinese port of Tangshan in Hebei province plans to build a 300,000 tonnes-class bulk cargo berth and a 300,000 tonnes-class ore berth. With a thirty-month construction period, these two new berths…
Ocean Network Express (ONE) to deploy 16 transpacific services starting from February 2025 as Hapag-Lloyd exits The Alliance. The Transpacific product consists of 16 main services, including eight Asia-US West Coast South services, three Asia…
More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the pressure to reduce…
At about 1:30 am ET March 26 the Singapore-flagged Dali struck the 1.6 mile-long bridge that straddles the Patapsco River and marks the outermost crossing of the Baltimore Harbor area, causing its collapse….
With several big shipping companies diverting their routes away from the Red Sea due to current conflicts, the delivery of shipping containers and consumer goods is taking longer than usual. As a result…
Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships in the Indian Ocean, potentially with drones and assisted by Iran and Somali pirates, security specialists said. Since the…