News Flash
Baltic index falls on lower vessel demand
Categories: News Flash
Date: Apr 13, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Cyclone in Western Australia weighs on Capesize freight rates; threatens cargo loadings
Categories: News Flash
Date: Apr 13, 2023
The intensification of Tropical Cyclone Ilsa into a Category 4 storm off the coast of Western Austr...
Demand for Newbuildings Increases, Despite Higher Prices
Categories: News Flash
Date: Apr 13, 2023
Higher prices and lower earnings haven’t deterred ship owners from investing in the newbuilding m...
UK parliamentary delegation to discuss trade, research ties in India
Categories: News Flash
Date: Apr 13, 2023
A British parliamentary delegation made up of the India (Trade &Investment) All Party Parliamen...
Govt to invite financial bids for Shipping Corp of India in May
Categories: News Flash
Date: Apr 13, 2023
The Indian government plans to invite financial bids for the privatisationof Shipping Corp of India...
India likely to list Shipping Corporation of India Land and Assets by April end
Categories: News Flash
Date: Apr 13, 2023
The Indian government expects to list the state-owned Shipping Corporation of India Land and Assets...
IMO LEG supports revised guidelines for places of refuge
Categories: News Flash
Date: Apr 12, 2023
The 110th meeting of the IMO Legal Committee (LEG 110) took place last week from 27 to 31 March and...
Chinese ports see fewer empty containers as exports on recovery trend despite global inflation
Categories: News Flash
Date: Apr 12, 2023
Major ports across China have reported a drop of empty containers, which industry insiders said is ...
Bintulu Port on expansion mode
Categories: News Flash
Date: Apr 12, 2023
Bintulu Port Holdings Bhd (BPHB) will expand its debonded area at Bintulu Port to increase capacity...
Important news for all DP Operators and DPVMs: The requirements for revalidation of certificates are changing in 2024
Categories: News Flash
Date: Apr 12, 2023
From the beginning of 2024, The Nautical Institute will require that all Dynamic Positioning Operat...
Veson Nautical Announces Intent to Acquire Market-Leading Valuation and Data Provider VesselsValue
Categories: News Flash
Date: Apr 12, 2023
Veson Nautical (Veson), the global leader of maritime freight management solutions yesterday announ...
BSC goes for big shipping business worldwide
Categories: News Flash
Date: Apr 12, 2023
Bangladesh Shipping Corporation (BSC) has opted for big seaborne cargo-transportation business worl...
Iran to launch direct container shipping route to Brazil
Categories: News Flash
Date: Apr 12, 2023
Hamed Ghaderi, a member of the Iran-Brazil Joint Chamber of Commerce, said on Monday that the launc...
BMT to Design more Fire and Rescue Vessels for Singapore
Categories: News Flash
Date: Apr 12, 2023
With two large aluminium fire and rescue vessels already in service in Singapore, BMT is proud to a...
Baltic Index Falls On Weak Capesize, Supramax Demand
Categories: News Flash
Date: Apr 12, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Kerela’s Vizinjam port to be officially known as ‘Vizhinjam International Sea Port’
Categories: News Flash
Date: Apr 11, 2023
The Kerala government has issued a directive that states Vizinjam Port will henceforth be...
Draft ‘Sagarmala Innovation and Start-up Policy’ issued for Stakeholder Consultation
Categories: News Flash
Date: Apr 11, 2023
A nation’s growth is augmented by start-ups and entrepreneurs. In order to build a strong innovat...
China And France Signs World’s Largest Container Ship Order Deal
Categories: News Flash
Date: Apr 11, 2023
The China State Shipbuilding Corp. (CSSC) and the French shipping company CMA CGM struck a deal in ...
Indian Navy Sailor Loses His Life On INS Brahmaputra During Operations While At Sea; Probe On
Categories: News Flash
Date: Apr 11, 2023
A 23-year-old personnel associated with the Indian Navy lost his life on sustaining grievous injuri...
Ocean Surface Temperature Hits An All-Time High, Smashing Previous Records
Categories: News Flash
Date: Apr 11, 2023
At its surface, the global ocean’s temperature has hit a record-breaking level since the satellit...
Centre plans capital support for building inland waterways ships
Categories: News Flash
Date: Apr 11, 2023
The Union shipping ministry is working on a ₹5,000 crore package to encourage the construction o...
New US container line Oceanus launches first service
Categories: News Flash
Date: Apr 11, 2023
Oceanus Line is based in Coral Gables, Florida, is entering the Gulf market, with its Florida Gulf ...
Tanker Boarded by Pirates in Gulf of Guinea
Categories: News Flash
Date: Apr 11, 2023
A tanker has been boarded by pirates in the Gulf of Guinea, coming less than a month after the succ...
MoPSW to exceed 4-yr asset monetization target
Categories: News Flash
Date: Apr 11, 2023
The Union Ministry of Ports, Shipping and Waterways is set to widely surpass its four-yea...
China, Japan hold high-level consultations on maritime affairs
Categories: News Flash
Date: Apr 11, 2023
China and Japan held the 15th round of high-level consultations on maritime affairs in Tokyo on Mon...
Cargo ship stuck across Kiel Canal fairway, blocked traffic
Categories: News Flash
Date: Apr 10, 2023
General cargo ship KLARIKA went out of control in Kiel Canal at around 1115 UTC Apr 8, while tran...
LCT sank, survivors drifted 160 nm in 5 days, Indonesia
Categories: News Flash
Date: Apr 10, 2023
Communications with landing craft BATIWAKKAL PERMAI with 11 crew on board, were lost on Apr 3 in ...
Congress questions Adani Group’s China links
Categories: News Flash
Date: Apr 10, 2023
Quoting old evidence, the Congress has launched a fresh attack on the Adani Group’s alleged China...
PIL halts signing of concession pact with DPWorld for Tuna Tekra mega box terminal
Categories: News Flash
Date: Apr 10, 2023
A public interest litigation (PIL) seeking to annul the environment clearance granted to Deendayal ...
India's Russian oil imports now double of nation's top oil supplier Iraq
Categories: News Flash
Date: Apr 10, 2023
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in Marc...
Trident Seafoods Factory Trawler Catches Fire in Tacoma
Categories: News Flash
Date: Apr 10, 2023
On Saturday afternoon, a fire broke out aboard a Trident Seafoods factory trawler at Tacoma's Tidef...
Robbers Board Evergreen Boxship in Manila Anchorage
Categories: News Flash
Date: Apr 10, 2023
Evergreen Lines confirmed to the media in Manila in the Philippines that one of its containerships ...