Insurers eye containership claims with dismay
The frequency and size of claims are both climbing, with more than 30 incidents requiring payouts from the 13-member International Group of P&I Clubs’ (IG) pooling arrangements since
Second quarter profit soars 71% to Rs 243 crore : SCI
MUMBAI : Shipping Corporation of India Ltd (SCI) on Monday reported a 71.26 per cent jump in its consolidated net profit to Rs 243 crore for the second quarter
Indian Register of Shipping (IRClass) makes organisational changes to aid growth strategy
NEW DELHI : Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for considerable future growth. With the
Shipping Industry Leaders to Convene for Landmark Decarbonization Conference at COP26
CEOs from the world’s biggest shipping companies and government representatives from maritime states will convene in Glasgow at a cross-industry decarbonization conference next month to coincide the United
Key member deboards Foresight-led consortium eyeing Shipping Corporation
MUMBAI : A Foresight-led consortium that is among government-approved bidders shortlisted to bid for Shipping Corporation of India (SCI) has cracked as a key member of the consortium,
Shipping container crisis will possibly continue until mid-2022
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation
YML to upgrade South-America service with 11,000 TEU newbuilding
TAIWAN : Yang Ming will add one new 11,000TEU container vessel, named YM Trust, chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. The
FuelEU can do more for the decarbonisation of shipping – in the EU and internationally
As part of the EU Green Deal, the FuelEU Maritime Regulation intended to promote demand for lower greenhouse gas fuels can play an important role in shipping’s journey
Engineering goods shipments cross $9 billion for the third month in a row,September analysis
NEW DELHI : Engineering goods shipments crossed $9 billion for the third month in a row in September with 22 out of 25 top export destinations such as
Shadow inflation: Shipping costs are up way more than you think
Name something that costs far more than it did before the pandemic that simultaneously gives you far less value for your money than it used to. Of all