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 In the Pacific, all three miners were active at one stage, though one was later said to have withdrawn amid internal reshuffling.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

PM Modi Nominates Dr Bimal Patel for ITLOS Judgeship

In a significant development for India’s maritime diplomacy, Prime Minister Narendra Modi has nominated Dr. Bimal Patel as the country’s candidate for the position of Judge at the International Tribunal for the Law of the Sea (ITLOS). This nomination highlights India’s continued commitment to strengthening its presence in international maritime law and global legal forums.

Sonowal Unveils India’s Maritime Vision

Pratik Bijlani – India Maritime Week 2025, held in Mumbai under the theme “Uniting Oceans, One Maritime Vision,” has set a new benchmark for the global maritime industry. The event, inaugurated by Union Home Minister Amit Shah, has brought together over 85 participating countries, 1,00,000 delegates, 500 exhibitors, and 350 international speakers — making it

IMW 2025 Puts People Power at the Helm of Maritime Growth

Pratik Bijlani – At India Maritime Week 2025 (IMW 2025), the Shipping Corporation of India Limited (SCI), in collaboration with the Directorate General of Shipping (DG Shipping), organized a seminar on “Maritime Human Capital”—a powerful dialogue on the future of India’s maritime workforce. Themed “Navigating the Future: Building a Modern Maritime Workforce,” the session focused

DP World, Cochin Port Ink MoU to Boost Kerala’s Maritime Infrastructure

The DP World operated International Container Transshipment Terminal (ICTT) signed a Memorandum of Understanding (MoU) with the Cochin Port Authority (CoPA) to enhance the terminal’s cargo handling infrastructure. This strategic collaboration, supported by the Ministry of Ports, Shipping and Waterways, Government of India, signifies another step towards transforming the state’s ports, shipping and logistics capabilities. 

DG Shipping Drives Transformative Panel on Maritime Inclusion

– Pratik Bijlani – A key highlight of India Maritime Week 2025 was the Maritime SheEO Conference, where an impactful panel discussion set the tone for advancing gender inclusivity, mental well-being, and cyber safety in the maritime sector. Moderated by Ms. Suneeti Bala, Co-Founder of the International Women Seafarers Foundation (IWSF), the discussion brought together