MRPL’s SPM handles the 500th vessel-Business Journal
MANGALORE : The single point mooring (SPM) facility of Mangalore Refinery and Petrochemicals Ltd (MRPL) handled the 500th vessel. A press release by the company said that ‘MT Euroglory’ from Saudi Arabia with a
Fragmented voice of shipping fails in climate change challenge
The shipping community has to bare the blame for the situation it now finds itself in as it faces the challenges of climate change Indeed, the shipowning community is so fragmented its voice is
Shipping Logjam is forcing major companies to rethink their Manufacturing Hubs in Asia
NEW YORK : Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of the Delta variant of the coronavirus in Vietnam
India flag to unfurl for shipping sector at GIFT City
AHMEDABAD: After aircraft leasing and financing, Gujarat International Finance Tec City is now exploring ways to make India, which has a huge export-import trade, a country of shipowners rather than only charterers. The authority
Record Number of Cruise Ships Scrapped at Alang in the Past 12 Months
The demolition yards at Alang, India received a record number of cruise and passenger ships in the past 12 months. While none of the major cruise brands have sent one of their ships directly
India continuing smaller share in International shipping
AHMEDABAD : India, despite having a large coastline, growing domestic market and international seaborne trade, deep-rooted maritime traditions and skilled seafarers, continues to have a smaller share in the international shipping sector, according to
Shipping Corporation incorporates subsidiary as part of demerger
MUMBAI : The Shipping Corporation of India has incorporated a Wholly Owned Subsidiary in the name and style of “Shipping Corporation of India Land and Assets” bearing CIN- U70109MH2021GOl371256 on 10 November, 2021 pursuant
HMM hits US$1.95 billion record Q3 profit
The South Korean shipping company HMM has reported an astronomical spike of 9,239.8% in net profit of the third quarter of the year, compared to the same period of 2020, reaching US$1.95 billion (KRW