Shipping Minister invites investor for development projects to build India’s multimodal connectivity
NEW DELHI : With India looking at integrated transport and multimodal connectivity to significantly improve India’s logistical competitiveness, the Government has put activities for development of waterways and coastal shipping on fast-track with a
Sonowal assure to take up waterways project over Tizu river
NEW DELHI : Replying to MLA Yitachu on the present status of waterways project over Tizu river, Transport, Civil Aviation & Railways Minister P Paiwang Konyak stated that the Tizu-Zungki River was declared as
When are shipping rates going to normalize?
McKinsey’s Steve Saxon and Jaana Remes explain why shipping rates haven’t fallen and provide a scenario for what to expect in 2022. If you’re in the United States, you likely feel the impact of logjams
Several ships trapped in ice after Arctic sea freezes early near Russia
An early and unexpected freeze has trapped at least 18 cargo ships in the Arctic Sea off the coast of Russia. Ice up to 30cm thick has formed across most of the Laptev Sea and East Siberian seas. In years
Diana Shipping commences self Tender Offer to purchase up to 3,529,411 Shares
GREECE : Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced the commencement of a tender offer to purchase up to 3,529,411 shares, or about 4.0%, of its
Centre sets deadline for SCI financial Bids
NEW DELHI : The Centre has finalized the date for financial bidding of an Indian public sector undertaking Shipping Corporation of India (SCI). The government holds a 63.75% stake in corporation. According to the sources,
Containers seized at Mundra used for shipping fuel for nuclear plant: Pak
ISLAMABAD : Pakistan on Saturday said the containers seized by Indian authorities at Gujarat’s Mundra Port on a Shanghai-bound cargo ship were ’empty’ but were earlier used for the transportation of fuel from China to Karachi
Explained: Why the shipping container crisis will not end soon
MUMBAI : Last weekend on a visit to the Jawaharlal Nehru Port in Navi Mumbai, India’s largest container handling port, Shipping and Ports Minister Shri Sarbananda Sonowal vowed to find an early solution to