After containers, dry bulk shipping is red hot now
The Baltic Dry Index or BDI, London-based Baltic Alternate’s foremost sea freight index that tracks charges to ship dry bulk commodities, rose essentially the most in over ten
Newbuild over-investment could shorten container shipping’s bull run
A huge surge in containership newbuild orders could act to shorten the current market boom for the sector, analyst Drewry warns. LONDON : Container shipping is enjoying a
Jindal Drilling awarded jackup contract with ONGC
MUMBAI : Indian offshore drilling player Jindal Drilling & Industries has received a letter of award from Oil and Natural Gas Corporation (ONGC) for the charter hire of
China’s Damen Yichang Shipyard launches crane barge into water
DAMEN : The launch event was scheduled with the season, to guarantee the correct water depth needed for performing the launch successfully. The shipyard will now make the
India’s Covid surge rocks global shipping industry
MUMBAI : India’s big new wave of Covid-19 infections has hit the worldwide transport trade, which depends on the nation for seafarers, as crews come down with the
Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake
MUMBAI : US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential patrons for the federal government of India’s stake in
MANSA lauds Mumbai Port’s Indira Container Terminal for introducing vessel berthing facility at ni
MUMBAI : Maritime Association of Nationwide Shipping Agencies (MANSA) has lauded Mumbai Port and its Indira Container Terminal Pvt Ltd’s (ICTPL) initiative to introduce a vessel berthing facility
Transworld Group launches Ecommerce product InstaShipNow
DUBAI : Transworld Group launches its latest Ecommerce product – #InstaShipNow! A one-stop-shop global logistics platform that fulfills e-commerce orders and provides last-mile delivery for direct-to-consumer e-commerce businesses.
Indian cargo ship ‘quarantined’ in Durban, 14 crew tested for Covid-19
DURBAN : An Indian cargo bulk carrier which docked in Durban harbour on Sunday is being quarantined after a crew member died during the 14-day journey from India
Indian seafarers feel the heat as vaccination drive suffer delay
NEW DELHI : Bangladesh and Indonesian crew taking over Indian jobs on ships, says union. Indian seafarers are being overlooked for jobs on ships as lack of vaccinated