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Oakland port dominates reefer export market 23 February 2024 business. Situated on the US West Coast, Oakland serves as a vital export gateway for chilled products, offering expedited shipping routes to international markets. Benefiting from its location as the last US port of call for cargo ships before they... Type: Article Category: Ports & handling Peru's Chancay port nears completion 23 February 2024 as a pivotal maritime connection center on the South American Pacific coast. Carlos Tejada, General Manager of Cosco Shipping overseeing the project, stated that approximately 70 percent of the construction is completed, with expectations to finish... Type: Article Category: Ports & handling Baltic Dry Index hits new high 23 February 2024 Shipping Index Surges indicating strong market trends (CW Group) The content you tried to access is only available to paid subscribers.Subscribe now... Type: Article Category: Shipping & logistics Grand ceremony unveils bulk carrier 'Romy' 21 February 2024 collaboration and dedication across international waters. Managed by Minship Shipmanagement GmbH & Co. KG, an esteemed shipping company based in Germany, Romy adds to its diverse fleet, contributing to their comprehensive services spanning commercial,... Type: Article Category: Equipment & technology Expansion plans at Paradip port 20 February 2024 Boosting Capesize ship handling (CW Group) India Shipping News informs that the Paradip Port Authority is set to award an INR 554 crore contract to Larsen & Toubro Ltd for extending the port's south breakwater by 500 meters. This development is part of... Type: Article Category: Ports & handling Rise in Dry Bulk Sea Freight Index 20 February 2024 Dry Bulk shipping rates surge (CW Group) Hellenic Shipping News reports a significant surge in the Baltic Exchange's dry bulk sea freight index, reaching a more than one-month high on Monday. Climbing rates across all vessel segments propelled prices... Type: Article Category: Markets & trade Cement exports from Amirabad Port to Caspian nations surged 75% 20 February 2024 on commodities such as cement, construction materials, minerals, and citrus fruits, the port has experienced increased shipping efficiency, reduced road traffic, and satisfied exporters. Musipour expressed optimism for the future, anticipating continued... Type: Article Category: Markets & Competition Red Sea maritime crisis intensifies 19 February 2024 that led to the crew's evacuation. The Houthis suggest the ship may sink, marking the first total loss since the Red Sea shipping crisis began four months ago. However, these claims are unverified. The vessel had previously shown signs of engine failure... Type: Article Category: Markets & trade Dry bulk sea fright index reaches one-month peak 19 February 2024 The dry bulk sea freight index surged to a one-month peak, marking a weekly gain across all segments, reports Hellenic Shipping News. The Baltic Exchange's overall index, encompassing rates for capesize, panamax, and supramax vessels, climbed 29 points... Type: Article Category: Markets & trade Bulk carrier market thrives 19 February 2024 market, underpinned by soaring demand for raw materials. Despite initial concerns over global economic uncertainties and shipping route variations in early 2024, modern capesizes witnessed a remarkable year-on-year surge of 34.93 percent, reaching USD... Type: Article Category: Markets & trade Port activity on the rise in Astrakhan ports 19 February 2024 is constructing 7.5 kilometers of protective structures in the sea segment to minimize sand accumulation along the shipping route, with 3 kilometers already completed.[/PAID] Copyright CW Group. 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