The maritime industry is urging the United Nations to help free hundreds of seafarers and dozens of ships that remain trapped in Ukrainian waters a year after Russia’s invasion. In a letter to UN Secretary General António Guterres, an international...

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On Wednesday, February 22, Paul Chan, the Hong Kong Financial Secretary, revealed that the country is trying to boost regional maritime competitiveness with a proposed $2.5 million investment. The proposed budget is to transform Hong Kong into an international...

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The Ministry of Corporate Affairs (MCA) on Thursday issued an official order approving the proposed demerger of the core and non-core assets of Shipping Corporation of India (SCI). “The corporate affairs ministry sanctioned the scheme of arrangement for demerger of...

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General cargo ship SEAMARK loaded with some 3,000 tons of marble chips broke in two and either sinking or already sank, at Novorossiysk anchorage, on Feb 21. Last AIS dated 0955 UTC Feb 21, the ship arrived at Anchorage on Feb 15, from Istanbul. Judging from video and...

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This is Kate from ITCO. Please read this email carefully, as it contains important information. We have discovered that, once again, some ITCO Members have been sent fake invoices for their ITCO Membership Fee. Please be very careful if you receive any email which is...

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The leading player in the container feeder operations segment posted a 24.48 percent decline in its net profit for the December quarter at Rs 45.01 crore year-on-year. Shreyas Shipping and Logistics Ltd. on Tuesday announced that it has signed a Memorandum of...

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