News Flash

US removes sanctions on four oil shippers after vows to avoid Venezuelan trade

US removes sanctions on four oil shippers after vows to avoid Venezuelan trade

The US Treasury Department on July 2 removed more Greece-linked shippers and oil tankers from sanctions after promises to end...
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First in India, DIAL Cargo introduces e-Gate Pass collaborating with DCBA

First in India, DIAL Cargo introduces e-Gate Pass collaborating with DCBA

To implement the land mark decision taken at a recently held PTFC (Permanent Trade Facilitation Committee) meeting, Delhi International Airport...
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Coastal Shipping incentive scheme initiated by Kerala Maritime Board

Coastal Shipping incentive scheme initiated by Kerala Maritime Board

Kerala Maritime Board, the agency tasked with developing the state’s maritime sector, has finalised the rates for Coastal Shipping incentives...
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OPEC cuts June oil exports by 1.84 million bpd -Kpler

OPEC cuts June oil exports by 1.84 million bpd -Kpler

OPEC cut oil exports in June by 1.84 million barrels per day (bpd) from May levels as it works to...
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Seafarers still stranded at sea — and more test positive

Seafarers still stranded at sea — and more test positive

Shipping groups and seafarer unions are desperately trying to convince governments to allow crew the right to transit after work...
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Member States stalling on implementation of European plastic law while plastic littering surges

Member States stalling on implementation of European plastic law while plastic littering surges

Plastic pollution in the world’s oceans is an increasing threat for marine life. The adoption of the Single Use Plastic...
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June container ship demolitions increase year-to-date volumes by 100%

June container ship demolitions increase year-to-date volumes by 100%

June alone saw as many container ship demolitions as the first five months of 2020 combined, doubling year-to-date volumes. In...
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Chabahar Port, a Game Changer – gaining momentum

Chabahar Port, a Game Changer – gaining momentum

India Ports Global Ltd ( IPGL) had commenced its operations at Shahid Beheshti Port of Chabahar on 25th December 2018...
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As of 1 July, Norway permits bareboat registration in the Norwegian ship registers

As of 1 July, Norway permits bareboat registration in the Norwegian ship registers

The Norwegian Maritime Authority is pleased that ship registration in Norway is becoming more adaptive and internationally competitive. A regulatory...
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World’s first full scale ammonia engine test – an important step towards carbon free shipping

World’s first full scale ammonia engine test – an important step towards carbon free shipping

The technology group Wärtsilä, in close customer cooperation with Knutsen OAS Shipping AS and Repsol, as well as with the...
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Indian Ports to see 5-8% slump in cargo volumes in FY21

Indian Ports to see 5-8% slump in cargo volumes in FY21

As a fallout of the Covid pandemic and lockdown enforcement, cargo volumes at Indian ports are expected to moderate by...
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Monitoring, Reporting and Validating (MRV) maritime vessels’ CO2 emissions performance: A new era in the Shipping Industry

Monitoring, Reporting and Validating (MRV) maritime vessels’ CO2 emissions performance: A new era in the Shipping Industry

Maritime transport reportedly emits around 940 million tonnes of CO2 annually and is responsible for about 2.5% of global greenhouse...
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China’s Influence on Global Shipping Now More Important Than Ever

China’s Influence on Global Shipping Now More Important Than Ever

During the past two decades, China’s rise as an economic powerhouse has also triggered a massive expansion of the shipping...
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At Least 32 Dead in Dhaka Ferry Sinking

At Least 32 Dead in Dhaka Ferry Sinking

32 bodies have been recovered from the wreck of a ferry that sank Monday morning on the Buriganga River in...
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DFDS to Lay Off 10 Percent of its Workforce

DFDS to Lay Off 10 Percent of its Workforce

DFDS, the ferry and logistics company, announced a series of steps designed to improve operating efficiency in light of current...
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Mounting transport fuel stocks add new twist to VLSFO specs

Mounting transport fuel stocks add new twist to VLSFO specs

Shifting fundamentals in European transport fuel markets have affected operational requirements for shipowners using VLSFO, as blenders alter feedstocks to...
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Angré Port handles 1,38,000 metric tonnes of cargo amid lockdown

Angré Port handles 1,38,000 metric tonnes of cargo amid lockdown

Angré Port Private Limited, the most sheltered all-weather port in the Konkan region, has ensured continuity of essential supply chain...
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NSB committee on Ro-Ro and Ro-Pax seeks stakeholder views

NSB committee on Ro-Ro and Ro-Pax seeks stakeholder views

The National Shipping Board under the directions of its Chairperson, Dr. Malini Shankar has constituted various committees to look at specific issues...
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Shipping is Waiting for the Global Economy to Bounce Back

Shipping is Waiting for the Global Economy to Bounce Back

The recession currently underway globally is bound to have a negative impact on demand for ships. However, the scale of...
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New BIMCO Law & Arbitration clause will clarify arbitration processes

New BIMCO Law & Arbitration clause will clarify arbitration processes

If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of...
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