Vast tidal wave of new container ships about to strike
FRANCE : Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month,
Herman Senior acquires ST Marine Support
NETHERLAND : Netherlands-based tug & workboat company Herman Senior has acquired all shares of ST Marine Support, a provider of quality maritime and offshore services. The acquisition includes
Sarbananda Sonowal says its critical to develop roadmap for greening shipping sector in India
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal on Thursday said it is critical to develop a roadmap for greening the shipping sector
CIMC Wetrans opens Asian headquarters in Singapore
SHENZHEN : CIMC Wetrans, logistics unit of China International Marine Containers (CIMC), has opening up its Asia headquarter in Singapore. The company has been expanding its overseas network
Hong Kong investing $2.5m to promote maritime services sector
HONG KONG : The Hong Kong Govt has allocated HK$20m ($2.5m) in its 2023 – 24 budget to promote the high-end maritime service industry sector. In his budget
Govt to increase the share of renewable energy in ports by 60% : Sarbanada Sonowal
NEW DELHI : The Centre is aiming to increase the share of renewable energy to 60 per cent in the total power consumption of its major ports from a present share of
Singapore-based RBB Ship Chartering comes to GIFT City
GANDHINAGAR : Singapore-based RBB Ship Chartering Pte Ltd has become the first ship leasing operator at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar. RSCPL (IFSC)
Government to amend law for mandating foreign ship owners pay provident fund to Indian seafarers
MUMBAI : Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they hire to run their ships, per a proposal mooted
FMC in tussle with MSC over $1,000 surcharge
WASHINGTON, D. C. : The Ocean Shipping Reform Act of 2022 (OSRA 2022) broke new ground, in creating mechanisms for cargo interests to challenge charges initiated by carriers
Three Major Ports, Paradip Port, Deendayal Port & V. O. Chidambaranar Port will be developed as
NEW DELHI : The consultative committee for the Ministry of Ports, Shipping and Waterways (MoPSW) had a discussion on ‘Green Port and Green Shipping’ in Mumbai. During this