February 12, 2021
February 1, 2026
February 12, 2021
Hyundai’s FSO design garners ABS approval
ABS has granted approval in principle to Hyundai Heavy Industries’ design for a floating storage and offloading vessel that is intended for operations in Mexican waters. ULSAN, South Korea – ABS has granted approval
February 12, 2021
Shipping Ministry is framing rules for recycling vessels
Shipping Ministry is making rules for the ship recycling industry – which is at present at 4.5 million tonne per annum (mtpa) capacity and is expected to double by 2024. Shipping Ministry Secretary Sanjeev
February 11, 2021
Railways registers Highest Ever Monthly figures i.e. 119.79 MT in January 2021
NEW DELHI: Indian Railways has registered highest ever loading figures i.e. 119.79 MT in January 2021. The last best was in March 2019 as 119.74 MT. On mission mode, Indian Railways’ Freight loading for
February 11, 2021
A.P. Moller – Maersk delivers strong transformation progress and results in 2020
COPENHAGEN: 2020 has been another year of solid progress for A.P. Moller – Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew
February 11, 2021
Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector : Rajiv Agarwal
MUMBAI: “The Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector. The bill will provide regulation, flexibility and self-governance to the Major Ports of
February 11, 2021
SCI reported profit of Rs. 103.30 crore in the Third quarter of FY 2020-21
MUMBAI: The Shipping Corporation of India Limited (SCI) declared its financial results for the third Quarter of FY 2020-21 on 5th February, 2021 and posted a Profit after Tax (PAT) of Rs.103.30 crores and
February 11, 2021
Parliament passes landmark Major Port Authorities Bill, 2020
NEW DELHI: Parliament has passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. Now the
February 11, 2021
Kerry Logistics takeover by SF Holding creates ‘biggest logistics group in Asia
Chinese express giant SF Holding is to acquire a 51.8% stake in Hong Kong’s Kerry Logistics Network – a landmark $2.3bn deal creating the “biggest logistics group in Asia”. In a filing to the
February 10, 2021