The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since late December on Monday, supported by stronger rates across capesize and panamax segments.The overall index…

Indian Register of Shipping (IRS) entered into a collaboration with Dassault Systèmes to leverage virtual twin technology for driving its digital transformation and boosting operational efficiency.The collaboration involves the use of Dassault…

Philippine authorities believe they have found the location of a tanker that sank off a central province last week, the environment ministry said on Monday, amid a race to assess the extent of an oil spill and contain further environmental damage.The tanker…

A containership that broke down in Egypt's Suez Canal on Sunday causing some traffic to be diverted has resumed its journey, the Canal Authority said.The authority said in an earlier statement that the MSC Istanbul, sailing under the flag of Liberia, became stranded while transiting the canal on its