MUMBAI : Over 700 Indian-flagged vessels, many serving coastal and near-shore routes, could be retired prematurely due to age-based restrictions imposed by the Directorate General of Shipping (DG Shipping), threatening the jobs of more
LONDON : Rates for shipping containers from Asia to the US are plummeting this week as general rate increases (GRIs) that took effect on 1 June failed to hold. Market intelligence group Linerlytica said
KAKINADA : In a landmark move to promote seafarer dignity and workplace safety, the Merchant Navy Welfare Board (India) and the Global Seafarers Organisation (GSWO) Joint Action Committee have officially launched the IMO Day
LONDON : On 25 June, the global maritime community comes together to celebrate the Day of the Seafarer. This year, IMO launched the campaign ‘My Harassment-Free Ship‘, a bold initiative to promote a culture of
NEW DELHI : In a strategic move to empower Indian businesses, Policybazaar for Business (PBFB) has introduced Enroute, a digital platform that slashes the turnaround time for marine transit insurance declarations, certifications, and policy
AMSTERDAM : EST-Floattech, a leading Dutch energy storage systems provider for maritime and industrial applications, proudly announces the expansion of its Octopus Series with the introduction of Lithium Iron Phosphate (LFP) battery modules. With
GANDHIDHAM : Gujarat’s Kandla Port has pledged to address vessel congestion issues and ensure uninterrupted edible oil supplies, the Indian Vegetable Oil Producers’ Association (IVPA) said on Monday. The assurance came during a meeting
DUBAI / MUMBAI : In a decisive move to re imagine cross-border logistics, Abrao Group, one of India’s most established maritime service providers, and Rushabh Sealink, a dynamic multimodal logistics player, announced the launch
KOCHI : Cochin Shipyard Limited (CSL) on Monday (June 23) announced that its wholly owned subsidiary, Hooghly Cochin Shipyard Limited (Hooghly CSL), has secured a notable order valued between ₹100 crore and ₹250 crore
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a more than two-week low on Monday, dragged by a decline in capesize vessel