Buoyant liners add record numbers of newbuilds
COPENHAGEN : March saw a stunning 866,060 teu of new tonnage ordered, almost the same as was contracted throughout the whole of 2020, as the cash-rich sector starts spending some of its recent gains.
FMC vows to get to the bottom of the ongoing container crunch hammering US supply chains
SAN FRANCISCO : The Federal Maritime Commission, America’s shipping regulator, met virtually and in closed session yesterday to discuss developments in the ongoing Fact Finding 29 investigation of challenges to the freight delivery system
Transporters fear disruption in services due to restrictions on account of COVID surge
New Delhi : Transporters body AIMTC on Tuesday said it fears disruptions in services due to restrictions imposed by several states, including Maharashtra and Delhi, due to surge in coronavirus cases and demanded hassle-free
RBI’s lower interest rates need to be transmitted to end customers : EEPC India
MUMBAI :While Reserve Bank of India’s lower interest rate regime is intended at supporting growth, steps need to be taken for full transmission of the rates to the exporters and end customers at large.Export
World’s first hydrogen cargo vessel set for Paris debut
PARIS : The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year, plying the river Seine in Paris, gliding passed the Eiffel Tower. The
Mr. Arun Sharma of Indian Register of Shipping (IRClass) Receives India’s Highest Maritime Recognition – Varuna Award
MUMBAI :Indian Register of Shipping (IRClass), an international ship classification society, is delighted to announce that its Executive Chairman, Mr. Arun Sharma, has received India’s most prestigious maritime award, Varuna award, at the 58th
MV Columbus first luxury cruise to reach Alang after 2-month break
The latest to arrive at Alang this week is a 32-year-old cruise liner, ‘MV Columbus’, which was built at Saint-Nazaire in France and could carry 1,855 passengers and a crew of 700. FRANCE :
MoPSW plans Water taxis and ROPAX Ferries to be a part of Mumbai’s transportation soon
Water taxi on 12 routes and ROPAX services on 4 new routes will start soon MUMBAI :Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping and Waterways, chaired a meeting to review the
India remains a priority market for DB Schenker: CEO
Firm plans to scale up its warehousing facilities in tier-II and tier-III cities this year CHENNAI :In February, DB Schenker (DBS), the transport and logistics division of the €44.43-billion Deutsche Bahn Group, started a
Sea Consortium books new boxships at Zhoushan Changhong
SINGAPORE : Singapore’s Sea Consortium has reportedly signed shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of three 3,100 TEUs containerships. A report from shipbrokers Braemar ACM said a firm deal
