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
Baltic Index logs weekly gain on rising rates across vessel segments
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rose on Friday to log a weekly gain on rising rates across vessel segments. * The
Kerala HC demands ₹6 crore for MSC Manasa F, another vessel in Vizhinjam,from the company for cashew cargo loss
KOCHI : The Kerala High Court has ordered the arrest of Liberian-flagged vessel MV MSC Manasa F, along with among others, its paraphernalia, furniture, etc., at present anchored in the Vizhinjam Port, on an
Wan Hai 503 fire partially contained, INCOIS warns of possible debris and oil spill along Kerala shoreline
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
India participates in 2nd Session of IALA Council as Vice President in Nice, France
NICE / NEW DELHI : India, as the Vice President of the International Organization for Marine Aids to Navigation (IALA), actively participated in the 2nd Session of the IALA Council, held in Nice, France.
SCI to launch direct coastal container service between Kandla and Thoothukudi
MUMBAI : Shipping Corporation of India plans to set to start a coastal container shipping service between Kandla Port and VOC Port in Thoothukudi. This will be done by re-routing the SCI Middle East
Adani Krishnapatnam Port Limited (AKPL) sets new record in handling dry cargo
KRIHNAPATNAM : Adani Krishnapatnam Port Limited sets a new record of handling 5.74 Million Metric Tonnes (MMT) of Dry Cargo marking the highest-ever monthly dry cargo volume in the port’s history. AKPL achieved its