Newbuild over-investment could shorten container shipping’s bull run
A huge surge in containership newbuild orders could act to shorten the current market boom for the sector, analyst Drewry warns. LONDON : Container shipping is enjoying a boom brought about by soaring demand
Jindal Drilling awarded jackup contract with ONGC
MUMBAI : Indian offshore drilling player Jindal Drilling & Industries has received a letter of award from Oil and Natural Gas Corporation (ONGC) for the charter hire of its 2014-built jackup Jindal Explorer. According to
China’s Damen Yichang Shipyard launches crane barge into water
DAMEN : The launch event was scheduled with the season, to guarantee the correct water depth needed for performing the launch successfully. The shipyard will now make the final arrangements for the upcoming journey
India’s Covid surge rocks global shipping industry
MUMBAI : India’s big new wave of Covid-19 infections has hit the worldwide transport trade, which depends on the nation for seafarers, as crews come down with the illness and ports deny entry to
Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake
MUMBAI : US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential patrons for the federal government of India’s stake in (SCI).The three bidders, who had submitted
MANSA lauds Mumbai Port’s Indira Container Terminal for introducing vessel berthing facility at night
MUMBAI : Maritime Association of Nationwide Shipping Agencies (MANSA) has lauded Mumbai Port and its Indira Container Terminal Pvt Ltd’s (ICTPL) initiative to introduce a vessel berthing facility at night at the offshore container
Transworld Group launches Ecommerce product InstaShipNow
DUBAI : Transworld Group launches its latest Ecommerce product – #InstaShipNow! A one-stop-shop global logistics platform that fulfills e-commerce orders and provides last-mile delivery for direct-to-consumer e-commerce businesses. Instaship is a One-Stop shop global
Indian cargo ship ‘quarantined’ in Durban, 14 crew tested for Covid-19
DURBAN : An Indian cargo bulk carrier which docked in Durban harbour on Sunday is being quarantined after a crew member died during the 14-day journey from India to SA. Times LIVE revealed that, 14