LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to
DUBAI : The initiative to improve the quality of life of seafarers in the UAE follows a recent Resolution on marine wrecks and non-compliant ships passed the Council of Ministers designed to put a
As the drive to decarbonise shipping gains increasing momentum, and as incentives and pressure on shipowners to operate more efficient and greener ships mounts, a related spike in early retirement of ships difficult to
NEW DELHI : Prime Minister Shri Narendra Modi will chair the High-level Open Debate on ‘Enhancing Maritime Security – A Case for International Cooperation’ on today, 9th August at 5.30 PM IST via video
NEW DELHI : Addressing acute shortage of containers, controlling high shipping freights and ensuring timely refund of pending dues are crucial to take the country’s overall exports to USD 400 billion by the end
SINGAPORE : Container freight rates continue to break records, with new data showing a further massive spike on the key Asia to Europe and Asia to US routes. Chemical companies have been struggling with
PANAJI : In a bid to ensure continuity of the container feeder vessel, Mormugao Port Trust (MPT) has decided to grant substantial discounts to any shipping firm that starts new feeder services. To encourage immediate resumption
GANDHIDHAM : Vessel MV Bell, Length 269.9m discharged 1,26,440 MT of Indonesian Coal at Cargo Jetty No. 10, being First of its kind at DPT, berthed on 01.08.2021 It completed unloading and sailed on
Hon. Chief Minister of Gujarat, Shri Vijay Rupani, virtually inaugurated the oxygen generator plant donated by Essar The plant will strengthen medical facilities at Jamjodhpur Essar, during the second wave of COVID-19, had supported
NEW DELHI : To tap the export potential of agricultural and industrial products, the Department of Commerce, through the Director General of Foreign Trade (DGFT), is engaging with states and union territories to implement the Districts