News Flash
India’s major ports see 9 per cent increase in traffic handled in April-Dec period
Categories: News Flash
Date: Jan 16, 2023
India’s 12 major ports have seen a 9 per cent increase in traffichandled, y-o-y, for the April ...
India is eyeing on ₹35KCr investments by 2047 to create a network of waterways
Categories: News Flash
Date: Jan 14, 2023
Sanjay Bandopadhyaya, Chairman of the Inland WaterwaysAuthority of India (IWAI), said that India is...
Spot 380-cst HSFO market slips into discount
Categories: News Flash
Date: Jan 14, 2023
The spot cash differential for 380-cst high sulphur fuel oil (HSFO) slipped into discounts on Frida...
Singapore 2022 bunker sales down 4.2% on year, lowest since 2019
Categories: News Flash
Date: Jan 14, 2023
Bunker fuel sales in Singapore in 2022 fell 4.2% to 47.88 million mt, the lowest in three years and...
Global oil demand returns to growth trajectory
Categories: News Flash
Date: Jan 14, 2023
Record global petroleum consumption is on the cards for 2024, according to the U.S. Energy Informat...
Baltic index hits over 2-1/2-year low on weak vessel demand
Categories: News Flash
Date: Jan 14, 2023
The Baltic Exchange’s main sea freight index on Friday fell to its lowest since June 2020 as dema...
Indonesia Coal Finds Its Way to the EU and Indian Markets
Categories: News Flash
Date: Jan 14, 2023
Indonesia’s coal exports surged during 2022, with the EU and India receiving the lion’s share o...
From importer, India can be exporter of energy, says Nitin Gadkari at Auto Expo 2023
Categories: News Flash
Date: Jan 14, 2023
Greater Noida (Uttar Pradesh) [India], January 12 (ANI): India is seriously thinking about alternat...
India to seek easing of EU steel quotas, tarrifs in trade talks
Categories: News Flash
Date: Jan 14, 2023
India will seek an easing of European Union steel import quotas and tarrifs in talks for a new trad...
Danica Crewing Specialists adds Indian seafarers to its international crew pool
Categories: News Flash
Date: Jan 14, 2023
International crewing expert Danica Crewing Specialists now has a presence in Mumbai, boosting its ...
Saudi Arabia Boosts its Maritime Connectivity with LSCI Jump
Categories: News Flash
Date: Jan 14, 2023
The Kingdom of Saudi Arabia has registered a significant improvement in the UNCTAD’s Liner Shippi...
Waning vessel demand drags Baltic index lower
Categories: News Flash
Date: Jan 13, 2023
The Baltic Exchange’s main sea freight index on Thursday posted its worst day since the start of ...
LNG Tankers Most Popular Among Newbuilding Orders
Categories: News Flash
Date: Jan 13, 2023
The popularity of LNG tankers among newbuilding orders is rather evident over the past few weeks. I...
IMB Calls for Vigilance While Highlighting Drop in Piracy in 2022
Categories: News Flash
Date: Jan 13, 2023
The ICC International Maritime Bureau (IMB) is once again highlighting the continuing decline in gl...
EoI for Rs 17,000cr transhipment port in Nicobar Islands by Jan-end
Categories: News Flash
Date: Jan 13, 2023
The Kolkata port on Thursday said an Expression of Interest (EoI) for the country's first mega cont...
Sea-Intelligence reports volume shrinking in North America West Coast
Categories: News Flash
Date: Jan 13, 2023
Sea-Intelligence noted in its latest report that when annualised against 2019, volume growth o...
VLSFO premium rises as inventories fall
Categories: News Flash
Date: Jan 13, 2023
Asia’s very low sulphur fuel oil (VLSFO) market gained on Thursday after stocks at Singapore trad...
New Mangalore Port Authority first new member of 2023
Categories: News Flash
Date: Jan 13, 2023
We are pleased to announce that New Mangalore Port Authority has joined IAPH as our first new regul...
Damen, NAPA and Bureau Veritas successfully deploy 3D classification approvals for first ship design
Categories: News Flash
Date: Jan 13, 2023
Damen Engineering has announced the completion of its first vessel design to be entirely created, r...
Baltic index hits over 4-month low as vessel demand wanes
Categories: News Flash
Date: Jan 12, 2023
The Baltic Exchange’s main sea freight index dropped to a more than four-month low on Wednesday, ...
Ship Recycling: Bigger but Fewer Ships Were Sent to India in 2022, as Bangladesh Rec
Categories: News Flash
Date: Jan 12, 2023
The ship recycling market in 2022, wasn’t that much different to 2021, in terms of the level of a...
India will do better than most of its Asian peers in 2023
Categories: News Flash
Date: Jan 12, 2023
India: At a glanceIndia’s economy is bucking the global trend, showing signs of strength in the t...
Paradip Port enters 100-MMT cargo handling ‘exclusive club’
Categories: News Flash
Date: Jan 12, 2023
Paradip Port Authority (PPA), Odisha’s lone major port, has achieved yetanother 100 million metri...
Rise in ship anchorages in Strait of Georgia has some communities worried about environmental impacts
Categories: News Flash
Date: Jan 12, 2023
Days after a bulk freighter lost power and had to be towed to the coast of Greater Victoria, the in...
Adani Group completes purchase of Israel’s Haifa Port
Categories: News Flash
Date: Jan 12, 2023
A consortium led by India’s Adani Group has completed the purchase of Haifa Port&n...
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
Categories: News Flash
Date: Jan 12, 2023
Australia’s economy could be no small beneficiary of an end to China’s zero-Covid policy over t...
Some shipping firms face hardship, some gain
Categories: News Flash
Date: Jan 12, 2023
In the context of rising interest rates and the US dollar, many port and shipping companies are con...
Shipowner Pleads Guilty to Violating U.S. Sanctions on Iranian Oil
Categories: News Flash
Date: Jan 12, 2023
A naturalized U.S. citizen who was illicitly involved in oil trading with Iran is facing a maximum ...
Scorpio’s first-quarter rates liftoff comes in face of twin headwinds
Categories: News Flash
Date: Jan 12, 2023
If a $14,000 per day improvement from already-strong fourth-quarter rates does not excite you, mayb...
Baku International Sea Trade Port continues operating normally despite snowy weather
Categories: News Flash
Date: Jan 11, 2023
Baku International Sea Trade Port (Port of Baku) continues to operate normally despite heavy snow, ...
Container shipping stocks decline on lower freight rates
Categories: News Flash
Date: Jan 11, 2023
South Korean container shipping stocks, which surged after the Covid-19 pandemic, are falling amid ...
Shipping companies need to allow more time for crew changes as the industry sees more workers from non-traditional seafaring countries, says leading specialists
Categories: News Flash
Date: Jan 11, 2023
Shipping companies should allow at least three months for crew changes due to the recent rise in se...