Russia-India coking coal deal unlikely to impact Panamax shipping
NEW DELHI : Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Drewry believes this trade will have
19 countries sign declaration for ‘green shipping corridors’
NEW YORK : The Clydebank Declaration was launched at COP26 with 19 states with the aim to set zero-emission maritime routes between two or more ports. In a Mission Statement the signatories said they
Evergreen splashes out on 24,000TEU ships and more containers
Taiwanese liner operator Evergreen Marine Corporation has extended its spree on newbuildings and containers, as its profit continues to climb amid firming freight rates. On 5 November, Evergreen unveiled orders for a pair of
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, but the scale of individual claims
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 of height can be described Paljnonah, as
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 nearly a fifth of the world’s
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 pre-Covid time. Major ports handled 347
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 2016. These cover claims between $10m