LONDON : BIMCO and the International Chamber of Shipping (ICS) have developed a guide which aims to help the shipping industry understand and reduce underwater radiated noise from ships and help the industry implement
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 segment. The overall index, which factors
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 its two oil tankers have raised
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 is the latest in a series
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 to announce the immediate addition of
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 conditions. OpWind automatically ensures that engine
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 course for promoting the nation’s rich
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 date this financial year, the data
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 infrastructure are the top priorities of
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, which would allow businesses to access
