India’s Maritime Development Fund likely to be arranged by year-end
NEW DELHI : India’s proposed Maritime Development Fund – that looks at providing long term, low cost financial support and push towards indigenous ship-building – is likely to be ready by the end of
Ships entering must obtain permit from Yemen’s Houthi-controlled Maritime Affairs Authority : Houthi Minister
YEMEN : Ships will have to obtain a permit from Yemen’s Houthi-controlled Maritime Affairs Authority before entering Yemeni waters, Houthi Telecommunications Minister Misfer Al-Numair said on Monday. Houthi militants have repeatedly launched drones and
Singapore and Australia formalise collaboration to establish Green and Digital Shipping Corridor
SINGAPORE : Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia Green and Digital Shipping Corridor (GDSC). The signing of this MoU was welcomed by the
Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels
OSLO : Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world’s first PCTC vessel to run on ammonia. Today, they have been granted almost USD 14
Baltic index ticks down as capesize losses offset gains in smaller vessels
LONDON : The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments. The overall index, which factors in
Com Secy to chair the meeting of Ministry Officials and exporters about discussions on Red Sea crisis
NEW DELHI : The officials from different ministries and exporters are expected to hold discussions on March 8 here, on issues being faced by exporters due to the Red Sea crisis, an official said
Union Cabinet likely to clear Rs 76,220-crore proposal to develop container Port at Vadhavan today
NEW DELHI : The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, is expected to clear a Rs 76,220 crore project to develop a new deep-water major port at Vadhavan near Dahanu in
India’s P&I Club for Coastal shipping likely to start on domestic waters
NEW DELHI : The Ministry of Ports, Shipping and Waterways has spoken to several insurers to allay concerns and iron out details of its proposal to set up a domestic protection and indemnity (P&I)