Panama’s drying canal menaces global fuel markets
PANAMA CITY : A vital conduit of global trade is running dry. The Panama Canal is being hobbled by a lack of rainfall, which has dried up a
Seaqualize successfully executes first ever offshore transfer lifts on Vineyard Wind 1
UTRECHT : Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel. Their newly developed offshore lifting
Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping
Second Chinese vessel successfully docks at Vizhinjam Port with crucial equipment for international
THIRUVANANTHAPURAM : A second Chinese vessel carrying a ship-to-shore crane for the international deep-sea facility at Vizhinjam here docked at the port on Monday, sources at the port
Russia and India sign deal on supply, production of Igla air defence systems
NEW DELHI : Russia has signed an agreement with India to supply its Igla hand-held anti-aircraft missile to the country. According to the pact, Russia will also allow domestic
Greek owner to sell all container ships, spend $3B on LNG tankers
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which
Canada’s Davie Shipbuilding acquires assets of Helsinki Shipyard
LEVIS : Davie Shipbuilding, Canada’s largest shipbuilder and partner in the country’s National Shipbuilding Strategy, has successfully completed the acquisition of assets belonging to Finland’s Helsinki Shipyard Oy,
Rs 75,000 Crore Vadhavan Port, set to reshape Maharashtra’s Maritime landscape
MUMBAI : The proposed Rs 75,000 crore container port project at Vadhavan in Maharashtra is a nationally important project, Jawaharlal Nehru Port Authority (JNPA) chairperson Shri Sanjay Sethi
Adani Group eyeing opportunities in neighbouring countries after Sri Lanka port, says Karan Adani
COLOMBO : Days after announcing a significant $553 million investment from the United States government for its West Container Terminal in Colombo, Sri Lanka, Mr. Karan Adani, CEO of Adani Group told
GAIL does world’s first ship-to-ship LNG transfer; cuts CO2 emissions
NEW DELHI : India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks