June 18, 2026
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Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth

April 23, 2024 Logistics, Shipping, Trade, Trending News
MUMBAI : Mahindra Logistics reported a fifth straight quarterly loss on Monday, hurt by subdued volume growth at its mainstay business of supply chain management. Consolidated net loss for the logistics arm of Mahindra

Kotug International selected EST-Floattech for the containerized battery system for world’s first fully electric pusherboat

April 23, 2024 International Shipping, Inland Waterways, Maritime, Trending News
BADHOEVEDORP : EST-Floattech is proud to announce that KOTUG International B.V. (“KOTUG”), the leading international towage and maritime company, has chosen EST-Floattech’s containerized energy storage solution with Octopus Series for the E-Pusher 1 (Type

BIMCO’s SHIPMAN 2024 available for use

April 23, 2024 International Shipping, Maritime, Shipmanagement, Trending News
LONDON : The updated 2024 version of BIMCO’s widely used ship management contract SHIPMAN is now available for use in SmartCon and on the BIMCO website accompanied by explanatory notes. SHIPMAN 2024 was adopted

Steel Cutting Ceremony of Third Cadet Training Ship at M/s L&T Shipyard, Kattupalli

April 22, 2024 Maritime, Defence, Navy, Ship Building, Shipping, Trending News
NEW DELHI : The contract for indigenous design and construction of three Cadet Training Ships was concluded between MoD and M/s L&T in Mar 23. Steel Cutting ceremony of the third Cadet Training Ship

Indian Navy conducted Exercise Poorvi Lehar on the East Coast

April 22, 2024 Maritime, Navy, Shipping, Trending News
NEW DELHI : Indian Navy conducted Exercise Poorvi Lehar on East Coast under the Operational Control of The Flag Officer Commanding-in-Chief, Eastern Naval Command. The exercise aimed at validation of procedures towards assessment of

Sri Lanka-China research vessel saga and maritime diplomacy in Indian Ocean

April 22, 2024 Maritime, Navy, Shipping, Trending News
China, a maritime power in the South China Sea and the Indian Ocean in the 14th century, has now undertaken a substantial expansion of its maritime infrastructure and naval fleet, poised to rival the

Eureka Shipping announces construction of new cutting-edge cement carrier for Great Lakes Trade

April 22, 2024 Shipyards, International Shipping, Trending News
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship

Baltic index hits over 3-week high as vessel rates climb

April 22, 2024 International Shipping, Maritime, Shipping, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index, which factors in rates for capesize,

Indian Govt issues fresh guidelines to protect ship movement in the Persian Gulf

April 19, 2024 International Shipping, Defence, Export - Import, Foreign Ports, Logistics, Maritime, Navy, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers, moving through the strife-torn Persian

Major GST relief for Foreign Airlines, Shipping Lines on cards after elections

April 19, 2024 Aviation, Logistics, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : The government is working on easing the ‘related party transaction’ clause under the Goods and Services Tax (GST) , for foreign companies in India. This is likely to happen within 100
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