P&I Clubs go for double-digit increases as pool claims rise
The frequency of International Group of P&I Clubs’ (IG) pooled claims, which lie between $10m and $100m and are shared by its 13 member Clubs, is not rising,
Shahrouri warns of a crazy rise in shipping prices: the decrease is temporary #Ammon
SHANGHAI : Secretary of the Jordanian community in China sector expert logistics rare Shahrouri, the shipping fees will not go significantly down, but will temporarily decline may be followed by waves
You shop, it ships : Maersk’s bid to challenge Amazon
COPENHAGEN : A Danish shipping giant is betting that your online purchases of appliances, furniture and sweatpants will be the next phase of its growth. Maersk, which moves
Uptick in India’s container industry post-Covid
MUMBAI : The cargo handled by most of the government-owned major ports in India in the first half of the fiscal year is almost at par with the
Insurers eye containership claims with dismay
The frequency and size of claims are both climbing, with more than 30 incidents requiring payouts from the 13-member International Group of P&I Clubs’ (IG) pooling arrangements since
Second quarter profit soars 71% to Rs 243 crore : SCI
MUMBAI : Shipping Corporation of India Ltd (SCI) on Monday reported a 71.26 per cent jump in its consolidated net profit to Rs 243 crore for the second quarter
Indian Register of Shipping (IRClass) makes organisational changes to aid growth strategy
NEW DELHI : Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for considerable future growth. With the
Shipping Industry Leaders to Convene for Landmark Decarbonization Conference at COP26
CEOs from the world’s biggest shipping companies and government representatives from maritime states will convene in Glasgow at a cross-industry decarbonization conference next month to coincide the United
Key member deboards Foresight-led consortium eyeing Shipping Corporation
MUMBAI : A Foresight-led consortium that is among government-approved bidders shortlisted to bid for Shipping Corporation of India (SCI) has cracked as a key member of the consortium,
Shipping container crisis will possibly continue until mid-2022
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation