Indian Ports struggle with massive demand as Ships Re-Route amid Red Sea Crisis
MUMBAI : In the wake of vessel re-routings aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a massive surge, highlighting a growing challenge for
CNS Admiral R Hari Kumar addresses Future Leadership of Indian Armed Forces attending the 79 Staff Course at DSSC, Wellington
NEW DELHI : Chief of the Naval Staff Admiral R Hari Kumar visited DSSC, Wellington on 28 March 2024 and addressed the Future Leadership of the Indian Armed Forces attending the 79 Staff Course.
Baltic index slides for seventh straight sessions
LONDON : The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the seventh consecutive session to its lowest levels in more than a month, hurt by declining rates across all
Pacific Basin leads the largest adoption of graphene-based coating in the dry bulk segment
HONG KONG : In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, a leading dry bulk shipping company, has decided to apply a sustainable graphene-based propeller coating, XGIT-PROP, across its entire
KMB discusses with shipping companies on services to West Asia & GCC Countries
KOCHI : Kerala Maritime Board’s (KMB) senior officials met representatives of more than 20 shipping companies to discuss issues related to a proposal to introduce shipping services to West Asia and Gulf Cooperation Council
Navy operates 8 submarines together in Arabian Sea, demonstrates op readiness
NEW DELHI : The Western Seaboard witnessed eight submarines operating together in a recently concluded exercise in the Arabian Sea, demonstrating their high levels of operation readiness, officials said. In a post on X,
Adani Ports takes 95% stake in Gopalpur Ports for enterprise value of ₹3,080 crore
AHMEDABAD : Adani Ports & Special Economic Zone Ltd., the largest port operator in India, has entered into definitive agreements to acquire 95% stake in Gopalpur Ports Ltd. from its existing shareholders for a
IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels
LONDON : The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and for this sector’s contribution to minimise