Seaspan may stretch 7,000TEU-ship haul to 15 vessels
Seaspan Corporation could take its haul of 7,000TEU dual-fuelled container ships at Yangzijiang Shipbuilding to 15 vessels. The shipbuilder disclosed in a Singapore Exchange filing on 30 July that Seaspan has options for five
Exporters seek govt help amid global container crisis
NEW DELHI : Exporters have called on the government to ask Indian shipping lines to lease containers for them as a worldwide supply chain imbalance has led to skyrocketing freight prices. The shortages are
Kerala’s pioneering coastal shipping project ends
KOCHI : The pioneering coastal shipping project of Kerala, originally presented at the Emerging Kerala event in 2021, comes to a sad end with the Great Sea Shipping company slides into liquidation and their
Another shipping crisis strikes, threatening delays to Black Friday shopping
KEY POINTS Western Europe and China’s Henan province — a key transport hub and home to several major businesses — are grappling with the aftermath of devastating floods. The disasters have damaged railways used
Rajya Sabha passes landmark ‘Inland Vessels Bill, 2021’ to repeal and replace the existing Inland Vessels Act, 1917
NEW DELHI : Rajya Sabha on Monday passed the Inland Vessels Bill, 2021, which aims to replace over 100 years old Inland Vessels Act, 1917 (1 of 1917) and usher a new era in
Transworld Group plans to double fleet within next two to three years
DUBAI : The Dubai-based Transworld Group (an Indian-owned family business in shipping) has expanded its fleet with the acquisition of four dry bulk ships in the last six months. The group, now, plans to
At $35 bn, July exports 34% higher than pre-COVID level
NEW DELHI : India’s merchandise exports in July were 34% higher than the pre-COVID levels of July 2019, at $35.17 billion, Commerce and Industry Minister Piyush Goyal said on Monday, but the trade deficit
Impressive order booking position to sustain exports growth albeit logistics challenges: FIEO President
NEW DELHI : Reacting to the trade data for July 2021-22, Dr A Sakthivel, President, FIEO said that the sustained growth in exports of about 48 percent with USD 35.17 billion over FY’ 2020-21