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July 31, 2021

DRYAD GLOBAL informs attack on MT MERCER STREET (IMO9539585)

Shipping, Trending News
LONDON : Reporting indicates that the Liberian flagged MT MERCER STREET (IMO 9539585) has been attacked approximately 152nm NE Al Duqm, Oman. Reports by UKMTO indicated an initial attack against an unnamed vessel occurring
July 31, 2021

South African port operations get back to normal eight days after cyber attack

Foreign Ports, Trending News
JOHANNESBURG : Transnet, South Africa’s main port operator, has got operations back up after being struck by a cyber attack last week. “Transnet Port Terminals, in collaboration with the shipping lines is facilitating the evacuation
July 31, 2021

Container manufacturing yet to catch up with demand

Container, Trending News
LONDON : When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the volume and cost of new containers
July 30, 2021

Inland Vessels Bill 2021 passed in Lok Sabha

Maritime, Trending News
NEW DELHI : The Inland Vessels Bill 2021 was passed in Lok Sabha on Thursday, 29th July 2021 . It was introduced in the House by Union Minister for Ports, Shipping and Waterways Shri
July 30, 2021

MSC to surpass Maersk as the world’s largest container line

International Shipping, Trending News
GENEVA : The latest decision of CMB Financial Leasing (CMBFL) to buy two 16,000TEU vessels from Guangzhou Shipyard International (GSI) for long-term lease to Mediterranean Shipping Company (MSC) once again got the market buzzing
July 30, 2021

Concor Q1 net profit jumps multi-fold to Rs 251 crore

Trade, Trending News
NEW DELHI : State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30. The company
July 30, 2021

INSTC-Port of Antwerp: a formidable future logistics solution for India-EU cargo flows

Foreign Ports, Trending News
MUMBAI : I find it extremely interesting to monitor new cargo transit developments across the world and analyze its impact on Antwerp Port as a gateway to Europe. A recent one that I was
July 30, 2021

MoPSW informed expenditure on NW1 Development Project

Transport, Trending News
NEW DELHI : Studies related to environmental social impact evaluation and market development strategy have been conducted for National Waterway-1. These include Environment & Social Impact Assessment (ESA) and formulation of Environment Management Plan (EMP)
July 30, 2021

Ever Given that blocked Suez Canal finally reaches Rotterdam

International Shipping, Trending News
ROTTERDAM : The huge container ship that blocked the Suez Canal for nearly a week earlier this year finally reached the port of Rotterdam in the Netherlands on Thursday to begin unloading its cargo.
July 30, 2021

IWAI is making all efforts to complete the ongoing development of Inland Navigation projects

Maritime, Trending News
NEW DELHI : National Waterway-1 (NW-1) (Ganga-Bhagirathi-Hooghly river system from Allahabad to Haldia), NW-2 (River Brahmaputra from Dhubri to Sadiya), NW-3 (West Coast Canal from Kottapuram to Kollam along with Udyogmandal and Champakara Canals)
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