Another Container Ship ‘MV Interasia Tenacity’ catches fire, Blaze under control, Vessel…
MUMBAI : A fire broke out aboard the Singapore-flagged container ship MV Interasia Tenacity near Mumbai’s coast on Thursday morning while it was en route to Nhava Sheva port. The fire, reported around 8:40
CoPA & OIL sign MoU for offshore oil exploration support base at Kochi
KOCHI : The Cochin Port Authority (CoPA) and Oil India Limited (OIL) signed a memorandum of understanding (MoU) for supporting offshore oil exploration of OIL in the Kerala-Konkan Basin. The MoU was signed in
Maritime war risk premium could rise if Israel-Iran conflict escalates
LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It all depends on how sustained the
Israel-Iran conflict: safety and stability of ocean supply chains under threat
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a
Wan Hai 503 fire partially contained, INCOIS warns of possible debris and oil spill along Kerala sho…
KOCHI : Kerala’s coastline will remain on high alert as the Indian National Centre for Ocean Information Services (INCOIS) has warned of possible environmental hazards in the wake of the fire aboard the container
Ship wreck: DG Shipping gives 48-hour deadline to extract oil
KOCHI : The Director General of Shipping has issued a formal notice to MSC Ship Management for gross negligence in salvage operations of the sunken container vessel MV Elsa 3 off Kochi coast and
Indian Oil, BPCL and HPCL plan tanker order for domestic use in move to boost shipbuilding industry
NEW DELHI : India’s state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry. Indian Oil
Panama Canal chief warns $23bn ports deal could threaten canal neutrality
PANAMA CITY : The head of the Panama Canal Authority has raised fresh concerns that a $23 billion global ports deal could jeopardize the neutrality of one of the world’s most strategic trade routes,