Shipping industry urges governments to act on USD 5 billion decarbonisation fund
LONDON : The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line
Mystic Shipping handled first ever shipment of Organic Soyabean Meal from India to Baltimore,US at D
GANDHIDHAM : Mystic Shipping Pvt Ltd. (MSPL) handled first ever shipment of organic soyabean meal in bulk at Deendayal Port .The vessel MV IKAN PULAS, which arrived in
Container lines forced to emergency actions amid continuing Yantian congestion
CMA CGM is the latest shipping carrier to apply a port congestion surcharge (PCS) on the refrigerated containers which are expected to arrive in the Port of Yantian,
Congress discusses forcing liners to accept US export container bookings
LOS ANGELES : American politicians are discussing taking drastic action to force global liners to take all US export container bookings. A Republican and a Democrat have pitched
No dispute with SCI claims shortlisted bidder Safesea Group
NEW JERSEY : US-based Safesea Group, considered one of three shortlisted bidders for SCI, has rubbished experiences in sure sections of the media claiming it has a authorized
Home Depot charters boxship to fight shipping crisis
ATLANTA : One of the largest importers in the United States, Home Depot has decided to charter a container ship for the first time in its history in
X-Press Pearl captain arrested
COLOMBO : The Russian master of the fire-ravaged 2,700 teu X-Press Pearl was arrested yesterday and granted bail later in the day. Sri Lanka is seeking $40m in damages from
GAC wins ShipTek Best Shipping Agency Award
GAC has been named the best shipping agent in the 14th edition of ShipTek International Awards, which recognise companies that have made significant contributions to the maritime industry. Organised
Container shipping a boost to MSMEs in Kozhikode and Wayanad
KOZHIKODE : Entrepreneurs in small-scale industries sector are delighted over the choice of among the distinguished container shipping corporations to resume operations at Beypore Port benefiting from the
Cabinet nod likely soon to push Indian-owned ships
NEW DELHI : The Union Cabinet is likely to soon approve a scheme to promote the share of Indian-owned ships in its trade fleet. A subsidy of more