Pratik Bijlani – Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has partnered with the Jawaharlal Nehru Port Authority (JNPA) and Vadhvan Port Project Ltd. (VPPL) to launch a transformative skill development programme for the port sector. This initiative, aligned with the Government of India’s “Skill India Programme” and the Union Budget 2025’s…
BFA CAPESIZE PERIOD VALUE CHANGE Apr 25 16,333 $/day -375 May 25 18,421 $/day -408 Jun 25 19,771 $/day -167 Jul 25 19,304 $/day -4 Aug 25 19,542 $/day 17 Sep 25 19,950 $/day -38 Q2 25 18,175 $/day -317 Q3 25 19,599 $/day -8 Q4 25 20,617 $/day -62 Q1 26 12,121 $/day -54…
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, inaugurated DP World’s state-of-the-art Free Trade Warehousing Zone (FTWZ) – the Nhava Sheva Business Park (NSBP) – in Mumbai, India. The inauguration marks a major milestone in strengthening the deep-rooted economic…
On the occasion of its 50th Foundation Day on 4th April, the Indian Register of Shipping (IRS) achieved a remarkable milestone by setting an Indian record for the ‘Largest Corporate Flag made on cloth’, as recognised by the India Book of Records. The massive flag, measuring 60 feet by 40 feet, was unfurled within the…
Drydocks World, a DP World company and a leading service provider for the maritime and offshore oil and gas, and renewable energy industries globally, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Limited (CSL), driven by the Ministry of Ports, Shipping and Waterways, India to enable development of Ship repair clusters, synergizing their…
DP World, a leading global provider of smart end-to-end supply chain solutions, achieved remarkable growth at its Mundra International Container Terminal (MICT), handling 1,497,228 TEUS in FY 24-25, a growth over 13% compared to FY 23-24. The terminal serviced 762 vessels, marking a 6.57% increase compared to the previous fiscal year cementing Mundra’s pivotal role…
Chitkara University School of Maritime Studies (CUSMS) celebrated National Maritime Day on 5th April with grandeur, pride, and true maritime spirit. The occasion was graced by distinguished Guests of Honour — Capt. Yogesh Jadhav of Western Crew Management Pvt. Ltd. and Capt. Subodh Awasthi of Columbia Aurus Ship Management Pvt Ltd, whose inspiring presence added…
India is the largest importer of DAP globally, pulling in an average of 5.65mn t/yr over the past five years. During the past year, poor import economics and a competitive import market have led to the substantial erosion of DAP inventories, which currently sit well below historically comfortable levels. This has introduced significant DAP pricing…
– Marex Media “Disclaimer” The reported fixtures and Sale and Purchase deals are obtained from market sources. All information supplied in this report is supplied in good faith, I do not accept responsibility for any errors and omissions arising from this report and cannot be held responsible for any action taken, or losses incurred, as…
The Indian shipping industry plays a crucial role in the country’s economic growth, facilitating nearly 95% of India’s trade by volume and 70% by value. However, it is also a significant contributor to carbon emissions, given the reliance on fossil fuels for propulsion. As the global maritime sector moves toward greener alternatives, the question arises:…