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The World Container Index Increases

The DREWRY World Container Index rose 5% last week to $1,406 per 40-foot container. This is the first increase since the index peaked on August…
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Bunkering goes digital in Singapore

The Maritime and Port Authority of Singapore (MPA) is the first port to implement electronic bunker delivery notes from the start of next month. The…
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New Singapore Company foray into methanol-powered ships for investment opportunities

Singapore-based Stamford Ship Management and Green Marine Copenhagen (Methanol Propulsion Specialist) have come together to build viable methanol dual-fuel propulsion vessels. Singapore has been chosen…
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Reality Check for India-Middle East-Europe Economic Corridor midst Israel-Hamas Conflict

The ongoing war between Israel and Hamas has created a setback to the initiative to build a new trade route from India through the Middle…
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Forwarders caution of delays as Israel air cargo disruption continues

The ongoing conflict between Hamas and Israel continues to have an impact on air freight and express shipments to Israel and connecting regions with many…
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Middle East clash is affecting global shipping: Reports

Bangladesh and the export-oriented apparel industry of Bangladesh have expressed concern about the Israel-Hamas war. The reports confirmed the block jam and cargo backlogs at…
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