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Sea Intelligence Report Freight Rates expected to Decline on Lower Vessel Utilization

The sea intelligence CEO, Alan Murphy recently said that even though demand across the globe grew by 0.6% year-on-year, a downward trend has been observed…
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SPG Launches Multiple Routes to Further Bolster Trade

In order to enhance the trade ties between China and other member markets in the Regional Comprehensive Economic Partnership agreement, SPG (Shandong Port Group), based…
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Maritime Research Consultancy Reports outpacing of Dry Box pricing

Drewry cautioned that some stabilization has already taken place for several reefer sectors and this will be followed by a slight decline through 2023 as…
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Shipping route initiated between India & Central Vietnam

A new shipping route linking the central region of Vietnam and India has given a major boost to India’s maritime outreach. The route was inaugurated…
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World trade strengthens as cargo trucks between India and Bangladesh now take just three days to cross

Good news for transporters who are engaged in transporting consignments from Petrapole Port in West Bengal to Benapole Port in Bangladesh. This crossover used to…
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Govt revises rates: Cargo ships to pay added 9% in marine aids to navigation dues

The Union government has revised the marine aids to navigation dues levied on ships arriving at or departing from an Indian port, resulting in an…
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