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
‘Failure Not an Option’ as IMO Opens MEPC 76 Climate Meeting
LONDON : The much anticipated meeting of the International Maritime Organization’s (IMO) Maritime Environment Protection Committee (MEPC), officially MEPC 76, kicked off its first two days of sessions this week
More than 300 liners waiting for berth space, container congestion mapped globally
SINGAPORE : From Shekou to Seattle, Amsterdam to Auckland, containerships are backing up like never before in the 65-year history of the industry as the liner industry grapples
Shipping Corp privatisation in troubled waters over qualification of Safesea Group
Dispute/litigation between SCI and Safesea said to have been “overlooked” while qualifying Safesea MUMBAI : The qualification of Safesea Group to participate in the privatisation of Shipping Corporation
Shipping leaders prepare for hybrid model of working post-pandemic
CHICAGO : Maritime recruitment agency Faststream has released results of a global survey of senior shipping executives looking at how the pandemic has impacted daily working lives ashore.
Indian oil to invest Rs 24,000 crore in six projects, Gujarat Refinery to get country’s first hydr
These projects will expand the present capacity of Gujarat Refinery in Vadodara to 18 million metric tonne from 13.7 million metric tonne and will also provide 25,000 direct
Global merchandise trade to recover this year – WTO
GENEVA : Global merchandise trade is continuing to recover following a steep but brief pandemic-induced drop in the second quarter of last year, according to the latest WTO
BIMCO sets sights on a global electronic bill of lading standard
COPENHAGEN : As part of a major initiative to accelerate digitalisation in the shipping industry, BIMCO has teamed up with the International Chamber of Commerce (ICC) and other
Ever Given compensation battle stretches into June
EGYPT : A court hearing was postponed on Saturday as the two sides in the ongoing Ever Given saga in Egypt edge closer to resolving their differences on the scale
Alternative way to Finance Decarbonization of Shipping
PhILIPPINES :Recently , as the shipping industry is making some serious efforts to restrict emissions, ‘Insetting’ has slowly but surely gained recognition as an alternative to offsetting. By
