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First ship sails from Ukraine with 26,000 tonnes food
3 Aug 2022 6:18 PM ISTInspection team including officials from the Russian Federation, Türkiye, Ukraine and UN visited merchant vessel Razoni
Grain agreement could see 65% of Ukraine's seaborne capacity reopen
27 July 2022 3:30 PM ISTDeal valid for 120 days with an option to extend, allows bulkers to be escorted to the ports through safe corridor.
IATA says global cargo revenue to be $191bn in 2022
20 Jun 2022 4:06 PM ISTIndustry likely to carry over 68mn tonnes cargo in 2022; yields expected to fall 10% YoY on soft trading environment.
Shipping industry reports 54 losses in 2021 amidst challenges: Allianz
11 May 2022 4:00 PM ISTAnnual losses down 57% since 2012 (127); 2021 represents big improvement on the rolling 10-year loss average (89).
Q1 results follow a record year for IAG Cargo in 2021
6 May 2022 3:56 PM ISTIAG Cargo reports revenues of €432 million for Q1 2022; an increase of 23.4 percent on the same time in 2021
China lockdowns, Russia-Ukraine conflict cloud container outlook
6 April 2022 2:00 PM ISTConflict to affect container availability globally but it will vary from port to port: Container xChange
White House initiates FLOW for supply chain data sharing
17 March 2022 5:08 PM ISTPlan includes 18 participants across the supply chain including trucking, warehousing, logistics companies and ports.
45 Indian seafarers rescued from Ukraine
16 March 2022 5:42 PM ISTWhile 23 seafarers are back in India, remaining seafarers are safe in Romania and will be brought back soon
IMO seeks safe maritime corridor for evacuation of seafarers, ships
12 March 2022 3:31 PM ISTCouncil condemned Russian Federation's violation of territorial integrity and sovereignty of a UN Member State.
The State of Crude: Brent prices inch towards 140-dollar mark
8 March 2022 10:59 AM ISTWeekend sees crude oil skirt near $135 due to geopolitically driven inflationary pressures.
The fall of Ukraine's southern port Kherson and its ramifications
4 March 2022 5:58 PM ISTRussia's move of capturing Kherson assumes strategic significance as it can control Ukraine's Southern coastline and also mobilize a movement of...
All major carriers suspend Russia bookings
2 March 2022 8:34 AM ISTCarriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.