Market Pulse
Baltic Exchange Market Report CAPESIZE The market enjoyed another solid day, with the BCI 5TC climbing by $1,315 to $26,888 as upward momentum was seen across the board. In the Pacific, all three miners were active at one stage, though one was later said to have withdrawn amid internal reshuffling. The C5 route continued its…
NUSI’s Seafarers’ Unity Day 2025 Draws Industry Leaders Together
On November 6, the National Union of Seafarers of India (NUSI) celebrated its annual “Seafarers’ Unity Day” at the Indian Sailors Home Society (ISHS), Mumbai — a vibrant gathering that brought together seafarers, their families, maritime leaders, and union representatives in a spirited show of unity and pride. For over a century, NUSI has been…
IRS and Neptunus Join Hands to Create India’s First Indigenous Marine Engine Monitoring Technology
In a landmark step for India’s maritime ecosystem, and a stride toward Atmanirbhar Bharat and Viksit Bharat, Neptunus Power Plant Services Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Indian Register of Shipping (IRS) at Maritime India Week 2025, an event witnessed by the Hon’ble Prime Minister of India, Shri Narendra Modi.…
Optimizing Maintenance and Lifecycle Management through Predictive Analytics in Shipping
Ships are huge, complicated machines that can travel across oceans for weeks or even months at a time. Maintenance is very important to keep them running safely and efficiently. But waiting until something breaks or following a set schedule for maintenance isn’t enough anymore. Artificial Intelligence (AI) and Machine Learning (ML) are changing the way…
A Turning Tide in Global Shipping
· Port fee showdown postponed as US and China return to talks China’s stock market climbed to decade highs on Thursday as presidents Donald Trump and Xi Jinping met for the first time in six years — with one major outcome for shipping being the suspension of new port fees both countries had introduced earlier…
Deepawali onboard INS Vikrant
On October 20, 2025, Prime Minister Narendra Modi continued his cherished tradition of celebrating Diwali with the Indian Armed Forces by spending the festival aboard INS Vikrant, India’s first indigenous aircraft carrier. Stationed off the coasts of Goa and Karwar, the event underscored the nation’s commitment to honouring its military personnel and showcased India’s strides…
Optimizing Rates in Real Time
When we think about shipping around the world, we normally picture huge cargo ships carrying things across oceans. But underlying such trips is a complicated financial operation called chartering, which is effectively renting ships to move things. Freight rates (the cost of moving goods) and a lot of other things, like fuel costs, weather, and…
Modi Calls for Investment, Innovation, and Global Partnerships
Delphine Estibeiro – Prime Minister Mr Narendra Modi set out an ambitious blueprint for India’s maritime sector at the India Maritime Week 2025, held at the Bombay Exhibition Centre, Mumbai on 29th October. Addressing global leaders, industry executives, and policymakers from over 85 countries, Modi underscored India’s rapid transformation into a maritime powerhouse and called…