Baltic index hits more than two-week low as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in more than two weeks on Monday as rates declined
Major Indian ports’ cargo contract by 3.2% to 68.22 mmt in October
NEW DELHI : Central government-owned ports, also known as major ports, recorded a rare 3.2 per cent year on year (Y-o-Y) contraction in their cargo volumes during October, primarily due to a fall in
Garden Reach Shipbuilders expects to end fiscal with Rs 25,000-Cr order book
KOLKATA : Garden Reach Shipbuilders & Engineers’ Chairman and Managing Director, Commodore (Retired) PR Hari expects the company’s order book to touch Rs 25,000 crore by the end of the current fiscal, on the
Bangladesh’s ports open to all : Home Adviser
CHATTOGRAM : Bangladesh Home Affairs Adviser Lieutenant General (Retd) Md Jahangir Alam Chowdhury affirmed Bangladesh’s commitment to keeping its ports open to all.“Bangladesh’s ports are open to all, and the country is not captive
India at the 133rd IMO Council Meeting
LONDON : Under the visionary leadership of Shri T. K. Ramachandran, IAS, Secretary, MoPSW, the Indian delegation including Director General of Shipping actively participated in the 133rd Council Meeting of the International Maritime Organization
Shipping Corporation shares rises up to 6% after Union Govt lists three shipping bills
MUMBAI : The Shipping Corporation of India (SCI) shares in the stock market rose up to 6 per cent to hit an intraday high of Rs 218.85 a piece on the BSE. The stock
Government aims to cut red tape and accelerate port infrastructure development
NEW DELHI : Govt mulls greater autonomy for major ports to boost efficiency and reduce bureaucratic delays. In its drive to transform state-owned ports into self-reliant commercial hubs, the Ministry of Ports, Shipping, and
Major new challenges for shipping in 2025 make data more important than ever
LONDON : Every year, shipping is faced with new requirements to protect the climate and the environment, and 2025 is no exception. Increased EU requirements for documentation on methane and other emissions from ships