SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the
ClassNK publishes first guidelines to include SMS Simplification
TOKYO : ClassNK, one of the world’s largest classification societies, has released Prime Shipmanagement Guidelines. This 59-page document offers practical steps to improve ship management. It focuses on
Sarbananda Sonowal conducts Comprehensive Review of Key Maritime Projects
MUMBAI : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal conducted extensive review meetings with officials in Mumbai. Considering the prevailing situation, the Union Minister
India’s largest ports reopen amid rising Pakistan tensions
NEW DELHI : India’s Kandla and Mundra ports in Gujarat resumed operations Friday after being shut overnight amid rising tensions with neighbour Pakistan. Due to “heightened security concerns”,
Gujarat becomes the 1st state to start implementing Cruise Bharat Mission
“Gujarat Charts Ambitious Course for Cruise Tourism Growth with Landmark Stakeholder Consultation“ MUMBAI : In a significant move to unlock its vast coastal potential and establish itself as
Security measures raised to MARSEC Level 2 at all Indian ports, terminals, and ships
MUMBAI : In the wake of escalating tensions between India and Pakistan, the Mumbai-headquartered Directorate General of Civil Aviation (DGCA) has enhanced security arrangements at all ports, terminals,
Ind–Pak crisis disrupts freight traffic in South Asia
KOLKATA : India bans the import of goods from Pakistan and the handling of Pakistani cargo in its harbours. Pakistan stops border trade and closes airspace. Shipping companies
Baltic Index Falls, Posts Weekly Decline On Lower Capesize, Panamax Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more than two-week low on
India secures all strategic bases, Ports on High Alert amid tensions
NEW DELHI : In a series of precautionary steps amid escalating tensions, India has secured all its military bases and critical assets, government sources confirmed late Thursday night.
INS Vikrant destroys Karachi Port in Pakistan
NEW DELHI : Amid the rising tension between two nations, joining the Indian Armed Forces, Indian Navy’s mighty INS Vikrant stationed in the Arabian Sea was launched targeting