Baltic index hits over two-week low as capesize rates fall
LONDON : The Baltic Exchange’s main sea freight index fell on Monday, to touch its lowest in more than two weeks led by a dip in the capesize
BSC chartered Vessel from abroad as back-to-back fires on oil tankers raise concern
DHAKA : The Bangladesh Shipping Corporation (BSC) has chartered a vessel from abroad to transport crude oil from mother vessels to the Eastern Refinery, as back-to-back fires on
Jumbo installs wind assisted propulsion to Jumbo Jubilee in latest decarbonisation move
ROTTERDAM : Jumbo is pleased to announce the successful installation of two mechanical sails to Heavy Lift Vessel (HLV) Jumbo Jubilee. The wind assisted ship propulsion (WASP) solution
SeaCube Container Leasing adds to its Board of Directors
WOODCLIFF LAKE : SeaCube Container Leasing, a global leader in intermodal equipment leasing solutions and one of the largest purchasers of refrigerated containers in the world, is pleased
BERG Propulsion OpWind® to optimize operations for sail and engine combustion
HONO (SWEDEN) : BERG Propulsion has unveiled the OpWind® software system to help crews combine the operation of sails and propellers in the most efficient way in all sea
India’s Maritime Legacy takes center stage as Sarbananda Sonowal announced Indian Maritime Heritag
NEW DELHI : The Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal convened a significant meeting with leading archaeologists, museologists, and historians of India to chart a
Govt Ports outpace private counerparts in cargo traffic growth
NEW DELHI : In a reversal of usual trends, central government-owned ports, also called major ports, have outpaced their private and state-government counterparts in cargo traffic growth to
‘We Missed the Manufacturing Bus’ : Dr. S Jaishankar
NEW DELHI : India has missed the opportunity to scale up their manufacturing sector due to the lack of governance of the previous government and thus, manufacturing and
Financial woes of Exporters to be supported by Government Intervention
NEW DELHI : The Indian commerce department is actively working on a long term solution to address the credit issues faced by exporters, particularly smaller businesses. One of the proposed solutions is a credit guarantee fund for export finance,
Amul MD Jayen Mehta says the company is ready to enter European market after recent success in US
JAMSHEDPUR : Managing Director of AMUL and Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) Jayen Mehta said AMUL’s recently launched milk in US has been “highly successful” and