Indian shipping companies are subject to 5 per cent GST if an overseas consignor appoints them for import cargo transportation but if the consignor appoints a foreign shipping line for the same service, GST
Indian Register of Shipping (IRClass) has successfully classed three 8000DWT 122 m general cargo vessels for JSW Shipping & Logistics Pvt. Ltd., a JSW Group Company. JSW Group is a multi-billion-dollar conglomerate based in
Container shipping firm Hapag-Lloyd HLAG.DE said surging demand for bulky goods like exercise equipment from locked-down consumers may flatten out in the second or early third quarter, helping to ease disrupted shipping logistics. “Things
The container ship has a capacity of 23,000 standard containers The Kingdom of Saudi Arabia, represented by Jeddah Islamic Port, has received the first and largest container ship in the world completely powered by
The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to buy state-run Shipping Corporation of India Ltd (SCI) from the
HAMBURG: Hapag-Lloyd has got the year off to a very good start thanks to exceptionally strong demand for container transports, which has led to a much higher level of freight rates. Based on preliminary
An Ocean Network Express (ONE) containership is trialing the use of sustainable marine biofuel as industry seeks to make supply chains more sustainable by reducing carbon emissions in the container shipping segment. The 4,803
On December 22, DIPAM, the government’s asset sale department, invited expressions of interest to privatise Shipping Corporation by selling the government’s 63.75 per cent stake to a strategic buyer. DIPAM had set a 13
Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments. This was a clear message from all speakers at the
Shipping Ministry is making rules for the ship recycling industry – which is at present at 4.5 million tonne per annum (mtpa) capacity and is expected to double by 2024. Shipping Ministry Secretary Sanjeev