News Flash

Korean Shipbuilders Suffering a Drought of VLCC Orders

Korean Shipbuilders Suffering a Drought of VLCC Orders

Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers (VLCCs), which are a major...
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BIMCO: Simplifying environmental reporting

BIMCO: Simplifying environmental reporting

BIMCO Shipping KPI version 4 is expected to be released by end September. Considering the development in the shipping sector,...
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Transaction, legal advisors working towards SCI disinvestment: Shipping Ministry

Transaction, legal advisors working towards SCI disinvestment: Shipping Ministry

The Shipping Ministry has recently said post ''in principle'' approval for strategic disinvestment of government shareholding in Shipping Corporation of...
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Thousands mobilise in bid to try and save the 40 missing men from the Gulf Livestock 1

Thousands mobilise in bid to try and save the 40 missing men from the Gulf Livestock 1

Thousands of people around the world are joining together to get more nations involved in the search operation for the...
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MSC’s Giant Container Ship Collides With Gantry Crane In Valencia, Spain

One of the world’s largest ship in the world with 23,000+ TEU capacity, MSC MIA, collided with a gantry crane...
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Engine Room Accident Disables Bulk Carrier, Crew Airlifted For Medical Assistance

Engine Room Accident Disables Bulk Carrier, Crew Airlifted For Medical Assistance

Italian Bulk Carrier Cristin was stopped midway after an engine room accident, as per sources. The vessel was stopped due...
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Major Maritime Bodies Call Governments To Immediately Recognise Seafarers As Keyworkers

Major Maritime Bodies Call Governments To Immediately Recognise Seafarers As Keyworkers

The Director-General of the International Labour Organization (ILO), the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD),...
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World’s First Wind Powered PCTC Concept ‘Oceanbird’ Introduced

World’s First Wind Powered PCTC Concept ‘Oceanbird’ Introduced

At a live webcast 10 September 2020, Oceanbird – the world’s first wind powered PCTC concept was introduced. Oceanbird will...
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Stranded At Sea – Ship Ran Out Of Diesel For Lighting; Crew Without Wages For Months

Stranded At Sea – Ship Ran Out Of Diesel For Lighting; Crew Without Wages For Months

A growing number of crew abandoned on ships in the Arab World without pay, food or water are receiving assistance...
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GP Global’s tanker seized in India over loan dispute: document

GP Global’s tanker seized in India over loan dispute: document

An Indian court has ordered the seizure of a tanker belonging to Dubai-based oil trading firm GP Global after a...
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Indian Register of Shipping receives recognition from US Coast Guard

Indian Register of Shipping receives recognition from US Coast Guard

Indian Register of Shipping (IRClass) has joined a select group of Classification Societies who have received authorisation as a Recognised...
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DP World signs up as Global Logistics Partner of Royal Challengers Bangalore

DP World signs up as Global Logistics Partner of Royal Challengers Bangalore

Leading global provider of smart logistics solutions DP World and Royal Challengers Bangalore (RCB) have signed a long-term Sponsorship Agreement,...
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Workers feel the heat as major ports on cusp of historic make-over

Workers feel the heat as major ports on cusp of historic make-over

Proposed new legal structure seeks to achieve multiple objectives State-owned Jawaharlal Nehru Port Trust (JNPT) is drafting a special voluntary...
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Crew change at Vizhinjam marred by a ship agent’s attempt to block rivals from taking up work

Crew change at Vizhinjam marred by a ship agent’s attempt to block rivals from taking up work

Crew change on ships at Vizhinjam near Thiruvananthapuram has been roiled by efforts of a local steamer agent to block...
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Maersk Etienne crisis ends

Maersk Etienne crisis ends

A 38-day standoff onboard Maersk Tankers vessel Maersk Etienne has ended for 27 refugees, who have transferred to charity rescue ship Mare Jonio and...
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Covid impact: Cargo handling at Indian ports drops 17% to 245 mn tonnes in Apr-August

Covid impact: Cargo handling at Indian ports drops 17% to 245 mn tonnes in Apr-August

Impacted by disruptions caused due to COVID-19, India’s major ports continued to witness a fall in cargo handling, registering 16.56...
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India’s Exports jumped 13 % to $ 6.12 bn in September 1st week

India’s Exports jumped 13 % to $ 6.12 bn in September 1st week

India’s Exports during the first week of September jumped 13.35 per cent year-on-year to 6.12 billion dollars, officials showed. At...
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Fujian Port launches 6 Shipping services to Europe & Asia under Silk Road Maritime

Fujian Port launches 6 Shipping services to Europe & Asia under Silk Road Maritime

Six new services linking Fujian ports in China with Asia and Europe have been as part of the Silk Road...
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IEA predicts ammonia will eventually become shipping’s dominant fuel

IEA predicts ammonia will eventually become shipping’s dominant fuel

The International Energy Agency has released a new long-term energy transition forecast, drilling down into individual industrial sectors, with ammonia...
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Salvage Operation Of Fire Stricken Oil Tanker ‘MT New Diamond’ Begins

Salvage Operation Of Fire Stricken Oil Tanker ‘MT New Diamond’ Begins

The Sri Lankan Navy reported that international experts and salvage team arrived at the fire stricken oil tanker MT New...
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