BIMCO starts work on contract for growing wind turbine market
LONDON : BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry
ClassNK launches E-Learning courses on Shipping and Shipbuilding Industry
TOKYO : ClassNK has introduced E-Learning courses offered through its training and education service, “ClassNK Academy”. The courses are designed to impart foundational and technical knowledge essential for professionals and stakeholders in the shipping
Shantanu Thakur flags-off the 1st trial cargo vessels from Maia Inland Customs Port to Sultanganj Port
MAIA : The first trial movement of vessels carrying stone aggregates from Maia Port in India to on the Sultanganj Port in Bangladesh Maia-Aricha Route successfully took place on Monday. The Bangladesh flag vessel
India is reworking its Merchant Shipping Act
NEW DELHI : India is looking at reworking its merchant shipping laws as it replaces the existing eponymous Act of 1958. The new provisions will look to include up-to-date international maritime conventions to which
Mazagon Dock Q3 Results : Net profit soars 77% to ₹626.8 cr; revenue jumps 30%
MUMBAI : Revenue from operations during the reporting period surged 30% on-year to ₹2,362.5 crore as against ₹1,815.9 crore in the corresponding period of last year. EBITDA or operating profit jumped 82% on-year to ₹539
How the Indian Navy can secure its sea lanes
It requires 30 years to build a Navy, said a famous Royal Navy Admiral during World War II, and added that it requires 300 years to build a tradition. We are not far from
Suez Canal Crisis : Major shipping lines reroute, impacting Indian Trade
CAIRO : A recent report by credit ratings agency Ind-Ra highlights the substantial impact on freight and forwarding (F&F) costs, estimating a potential increase of 25-30 per cent for corporate entities heavily involved in
International Trade Groups call for Maritime Security in Red Sea
NEW YORK : More than 100 industry trade associations representing the apparel, retail, energy, agriculture, electronics and medicine sectors have formed a global coalition to safeguard Red Sea commerce. On Thursday, the American Apparel & Footwear