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Adani Ports set to get more time to complete Vizhinjam port project

Adani Ports set to get more time to complete Vizhinjam port project
Firm cites force majeure events such as Cyclone Ockhi and coronavirus for the delay The Kerala government is set to give more time to Adani Ports and Special Economic Zone Ltd (APSEZ) to complete construction and start commercial operations on the first phase of the...
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Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails

Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails
Prices for bunker fuels in Vancouver and Seattle rose this week to levels last seen in end-July due to an increased demand coupled with tight supply, according to market sources. Marine fuel 0.5%S in Vancouver was assessed Aug. 20 at $342/mt on an ex-wharf basis, up...
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China’s exports to its three major trading partners all increased by more than 10%

China’s exports to its three major trading partners all increased by more than 10%
In July 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 144.41points, up 8.46% from the previous month and up 3.75% year-on-year; the export trade index was 164.75 points,...
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MoU for skill development in Port and Maritime sector signed between Ministry of Shipping & Ministry of Skill Development and Entrepreneurship

MoU for skill development in Port and Maritime sector signed between Ministry of Shipping & Ministry of Skill Development and Entrepreneurship
To reap the benefit for vast employment opportunities in maritime sector and with a view to certify their skill sets, Memorandum of Understanding (MoU) was signed digitally between Ministry of Shipping and Ministry of Skill Development and Entrepreneurship. An MoU was...
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