NEW DELHI : India will build 24 cargo ships for Russia over the next three years to facilitate trade via the Caspian Sea, according to the Head of the Caspian International Integration Club “North
MUMBAI : During the three-day summit, many Indian ministers, government officials and international maritime communities discussed and deliberated key issues of the maritime sector – emphasizing the importance of the Indian maritime sector and
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In 2018, 76% of crude oil traveling
NEW DELHI : The Ministry of Ports, Shipping and Waterways has been conducting the Special Campaign 3.0. The main focus areas of the Campaign include effective disposal of public grievances, references from Members of
GURGAON : Transport Corporation of India Limited (TCI) has signed a contract with Nakanishi Shipbuilding Co. Ltd., Japan, to build two cellular container vessels of approximately 7,300 MT deadweight each. The total contract price is
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels
JERUSALEM : Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country’s ports, government advisories
NEW DELHI : The government is weighing an innovative plan to promote coastal shipping by introducing integrated public-private-partnership (PPP) port projects at major ports by clubbing vessel acquisition with viability gap funding (VGF) support. VGF is
KOCHI: Minister for Ports, Kerela Shri Ahamed Devarkovil in a press conference said that Vizhinjam port will be opened on an industrial basis by May 2024. “Vizhinjam has easy access for the world’s largest
MUMBAI : The Federation of Freight Forwarders Associations in India (FFFAI) and the Escola Europea de Short Sea Shipping, AEIE (EEIT) signed a memorandum of understanding On October 16, 2023 in Mumbai at an