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Ocean shipping companies lead the fight against the empty container build-up

The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container backlog shows the incredible support being...

B K Tyagi named as New Director of Liner and Passenger services at SCI

MUMBAI: Mr. Binesh Kumar Tyagi has been named the New Director (liner and passenger services) at Shipping Corporation of India Ltd. Tyagi is currently...

Uncertainties making it difficult for carriers to plan capacity management for Chinese New Year 2021

In a “normal” year, carriers would announce several blank sailings in connection with Chinese New Year (CNY), in order to balance supply to the...

JMU hands over third feeder box ship to Wan Hai

Japan Marine United has delivered a new 3,055 TEU container ship to Wan Hai Lines as the third in an eight-ship series. The newly developed...

Govt to invite EoIs for strategic divestment of Container Corporation by month end

The authorities is more likely to search expression of curiosity for strategic divestment of Container Corporation of India by finish of the month, because...

Shipping Corporation employees plan a bid to buy government stake in the carrier

Some 400 serving and 200 former employees with the support of three Indian investors are considering a bid for Shipping Corporation of India Ltd,...

Indian sailors stuck in China will be back soon: Minister

Diplomatic talks are going on with China and Indian seafarers will come back to the country soon, said Mr Mansukh Mandaviya, Union Ports, Shipping...

ZIM Integrated Shipping Services files for a $100 million US IPO

HAIFA: ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up...

Israeli cargo shipper ZIM Integrated Shipping Services files for a $100 million US IPO

ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to...

Prem Watsa-led Fairfax weighs bid for Shipping Corporation

Indian born, Canadian billionaire Prem Watsa-led Fairfax Financial Holdings Ltd is weighing a bid for Shipping Corporation of India Ltd (SCI), the ‘navratna’ state-owned...
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