New analysis is a wakeup call for shipping industry’s leaders to get serious on voluntary climate standards, as time is running out
LONDON : A new study by UCL Energy Institute Shipping and Oceans Research Group, Wageningen University & Research, and University of East Anglia, revealed that private voluntary standards, such as the Poseidon Principles and
Baltic Index rebounds to Seven-Month Peak on Higher Rates across Vessel Segments
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rebounded to its highest level in nearly seven months on higher rates across vessel segments. The
Drift and oil spill advisory issued after fire on container ship off Kerala coast
KOCHI : The Indian National Centre for Ocean Information Services (INCOIS) has issued advisories warning of drifting containers and a potential oil spill following a major fire on the Singapore-flagged cargo vessel Wan Hai
Insurers may have to shell out money for cargo involved in 2 ship mishaps
MUMBAI : The two recent ship accidents off the Kerala coast in the last weeks are expected to impact cargo insurance providers. While Indian cargo insurers had some exposure, the vessels involved were container
China thanks India for rescuing crew onboard Singapore-flagged vessel after it caught fire off Kerala coast
KOCHI : Chinese Embassy in India spokesperson Yu Jing on Tuesday expressed gratitude to the Indian Navy and the Mumbai Coast Guard for their prompt and professional rescue of its crew members onboard the
Maritime decarbonisation ambitions remain strong amid global uncertainties
SINGAPORE : Despite global economic and geopolitical headwinds, the maritime industry’s ambition to decarbonise remains resilient. This sentiment is evident in the second edition of the Global Maritime Decarbonisation Survey, jointly conducted by GCMD
Historic : World’s largest container ship MSC IRINA docks at Vizhinjam Port
THIRUVANANTHAPURAM : The MSC IRINA, currently the world’s largest container ship by capacity, arrived at the Vizhinjam International Seaport here on Monday morning, port officials said. The vessel, which was on its maiden visit
MV Wan Hai 503, Singapore-flagged cargo ship catches fire near Kozhikode coast in Kerala; rescue mission underway
KOCHI : The Indian Coast Guard (ICG) and the Indian Navy have launched a joint rescue operation to save the lives of about 22 crew members from a Singapore-flagged cargo vessel MV Wan Hai