May 16, 2023
March 21, 2026
May 16, 2023
HMM Q1 profits plunge 91%
SEOUL : HMM reported a first quarter profit for 2023 of KRW285bn ($212m) a drop of 91% compared to the same period in 2022. Revenues for Q1 2023 were KRW2.08trn some 58% lower than the first
May 16, 2023
Yang Ming’s first quarter profit exceeds US$110 million
TAIWAN : Yang Ming reported first quarter revenues of US$1.22 billion and net profit of US$112 million with earnings per share (EPS) of NT$0.97. According to the Taiwanese ocean carrier, the demand in the
May 16, 2023
Iran seizes ‘Purity’-an oil tanker, US boosting military presence
TEHRAN : Iran has detained a third tanker in the space of 19 days, as the confrontation over the control of maritime assets in the Persian Gulf heats up.“An Iranian oil tanker, which was
May 16, 2023
Asian waters see rise in sea robbery and piracy
SINGAPORE : The Asian waters saw a 15% increase in piracy and sea robbery until April, in the first four months of this year, compared to the same period last year. According to Regional
May 15, 2023
Sudhansh Pant, IAS, Secretary, MoPSW visits DPA, Kandla
GANDHIDHAM : Shri Sudhansh Pant, IAS, Secretary, Ministry of Ports, Shipping & Waterways, Government of India visited Operational Area of Deendayal Port Authority, Kandla on Saturday,13.05.2023. During his visit to DPA, the CISF DPA
May 15, 2023
Cochin Port has bagged the Sagar Shreshtha Sammaan Award 2023
KOCHI : The Ministry of Ports, Shipping and Waterways honoured the Cochin Port Authority (CPA) with the Sagar Shreshtha Sammaan for the best turnaround time in non-container category during 2022-23. Minister for Ports and Shipping Sarbananda Sonowal presented
May 15, 2023
SMP Kolkata augments transloading capability
KOLKATA : Syama Prasad Mookherjee Port, erstwhile known as Kolkata Port, successfully carried out lighterage activity on two capesize vessels simultaneously at Sagar Islands, marking a significant milestone for the port in augmenting its
May 15, 2023
IMU Visakhapatnam likely to get two dredger simulators with Rs. 20 cr
VISAKHAPATNAM : Indian Maritime University-Visakhapatnam, Dredging Corporation of India, and Sagarmala are likely to float a special purpose vehicle to install two dredger simulators at IMU campus in Visakhapatnam. These simulators would cost about
May 15, 2023