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February 21, 2024

Great Eastern Shipping expands fleet with MR product tanker

Maritime, Shipping, Trending News
MUMBAI : Indian owner Great Eastern Shipping has bought a 2010-built MR product tanker of about 49,999 dwt. The vessel is expected to join the company’s fleet by the first quarter of the financial
February 21, 2024

Houthis attack cargo vessel in Gulf of Aden, say ‘ship at risk of sinking’

International Shipping, Maritime, Trending News
YEMEN : Yemen’s Houthi militants said on Monday they had attacked the Rubymar Cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt
February 21, 2024

PSA partners with HERE Technologies to enhance truck operations in Singapore

International Shipping, Foreign Ports, Logistics, Technology, Transport, Trending News
SINGAPORE : HERE Technologies, a major provider of location data and technology solutions, has announced its collaboration with PSA Singapore, the operator of the world’s largest transshipment hub, to revolutionise the container truck ecosystem
February 21, 2024

Electrification shipping industry is on track with a € 4 million investment in EST-Floattech

International Shipping, Maritime, Technology, Trending News
ROTTERDAM : Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. This was announced
February 20, 2024

Sarbananda Sonowal to inaugurate projects worth Rs.254 crore at Pandu Port, Guwahati today

Inland Waterways, Ports, Shipping, Trending News, Water Transport
NEW DELHI : In a significant push towards revitalizing the Inland Water Transport (IWT) sector and bolstering connectivity in the North Eastern Region, Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal will
February 20, 2024

Foreign shipping lines under DGGI scanner

Customs, International Shipping, Shipping Line, Trade, Trending News
NEW DELHI : In what could be a revenue bumper for the GST collections, the Directorate General of GST Intelligence (DGGI) has issued summons to Indian offices of 18 foreign shipping lines. According to
February 20, 2024

Chennai-Vladivostok Route talks on, dedicated shipping service under consideration too

Shipping, Export - Import, Logistics, Trending News
CHENNAI : India’s Shipping Ministry, in collaboration with businesses and Russian stakeholders, is actively pursuing agreements to solidify cargo movement details along the Chennai-Vladivostok Route, a critical segment of the Eastern Maritime Corridor. Discussions
February 20, 2024

India and EFTA members are looking for the proposed TEPA, as Delhi pushes for $100b investment

Export - Import, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : Negotiations between India and the European Free Trade Association (EFTA) for a trade deal are at an advanced stage, with the two sides hoping to finalise the agreement with a commitment
February 20, 2024

EU launches mission to protect Red Sea shipping

International Shipping, Defence, Maritime, Trending News
BRUSSELS : The European Union on Monday officially launched a mission to help protect international shipping in the Red Sea from attacks by Yemen’s Huthis, EU Chief Ursula von der Leyen said. “Europe will ensure freedom of navigation in
February 20, 2024

L&T set to win Rs 554 crore deal to extend Paradip Port’s South breakwater

Ports, Infrastructure, Trade, Trending News
PARADIP : Paradip Port Authority, the state-owned entity that runs the Paradip Port in Odisha, will award a Rs554 crore work to Larsen & Toubro Ltd, India’s biggest engineering and construction firm, to extend the port’s south breakwater by
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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