News Flash

We can now run all 46 ships on spot market: says Bharat Sheth

We can now run all 46 ships on spot market: says Bharat Sheth

In an interview with a daily publication the Great Eastern Shipping’s managing director (MD) and Deputy Chairman, Bharat Sheth, shared that...
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At Least 10 Killed In Crane Accident In Hindustan Shipyard Limited (HSL), India

At least 10 people have been killed in a crane accident at the Hindustan Shipyard Limited (HSL) in Visakhapatnam, India....
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Liners wary as rates come under pressure with tonnage being reintroduced fast

Liners wary as rates come under pressure with tonnage being reintroduced fast

The inactive containership fleet fell to 313 ships – equivalent to around 1,555,959 teu as of 20 July, representing 6.6%...
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Japanese Shipping Company Fined $1.5 Million For Concealing Illegal Discharges Of Oily Water

Japanese Shipping Company Fined $1.5 Million For Concealing Illegal Discharges Of Oily Water

Misuga Kaiun Co. Ltd. (MISUGA), a Japanese-based company engaged in international shipping, was sentenced yesterday in federal court before U.S....
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Indonesia eyes Vietnam as it seeks to diversify thermal coal exports

Indonesia eyes Vietnam as it seeks to diversify thermal coal exports

Indonesia, the world’s top exporter of thermal coal, is stepping up efforts to diversify sales of the fuel as shipments...
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ClassNK launches “Innovation Endorsement” service for certifying innovative technology

ClassNK launches “Innovation Endorsement” service for certifying innovative technology

Leading Classification Society ClassNK is launching a new service titled “Innovation Endorsement” for certifying innovative technology. In February 2020, the...
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U.S. sells record amount of corn to China as tensions rise

Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions...
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Asia Rice-Virus slows Indian exports; heavy flooding hits Bangladesh

Asia Rice-Virus slows Indian exports; heavy flooding hits Bangladesh

India’s rice export prices rose this week as the worsening coronavirus crisis in the country caused logistical snags, while widespread...
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India and China cut coal shipments drastically

For only the second time this century shipments of thermal coal are on course to slip this year. Alphabulk is predicting...
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40000+ Filipino Seafarers Repatriated In July

40000+ Filipino Seafarers Repatriated In July

The Department of Foreign Affairs (DFA) reported that they have single-handedly repatriated more than 40,000 Filipino seafarers in July alone....
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Iraq increases oil exports in July, pumps above OPEC+ target

Iraq increases oil exports in July, pumps above OPEC+ target

Iraq’s crude oil exports have increased so far in July, shipping data showed and industry sources said, suggesting OPEC’s second-largest...
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ReCAAP Information Sharing Centre Holds Dialogue with Shipping Industry to Strengthen Maritime Situation Awareness and Deepen Cooperation in Fight against Piracy and Sea Robbery in Asia

ReCAAP Information Sharing Centre Holds Dialogue with Shipping Industry to Strengthen Maritime Situation Awareness and Deepen Cooperation in Fight against Piracy and Sea Robbery in Asia

Dialogue comes on the back of almost two-fold increase in incidents of piracy and sea robbery from January to June...
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Digitalization of Shipping – more important than ever

Digitalization of Shipping – more important than ever

Digitalization, big data, and new technologies such as artificial intelligence are key in enabling the post-COVID recovery, IMO Secretary-General Kitack...
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MoU signed at MPA’s Maritime Perspectives series to discuss new normal in maritime

MoU signed at MPA’s Maritime Perspectives series to discuss new normal in maritime

The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MoU) with five international partners today, to...
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Adani Ports launches offshore bond offering, to raise $750 mn

Adani Ports launches offshore bond offering, to raise $750 mn

The Gautam Adani-controlled Adani Ports and Special Economic Zone Ltd on Wednesday launched an offshore bond offering to raise as...
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Coronavirus: Amidst Rising Cases, People Found Partying On Crowded Cruise Ship

What seemed to look like a crowded gathering on the decks of Provincetown II, the cruise ship by Bay State...
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Chinese general cargo ship capsizes near Taiwan, four dead

Chinese general cargo ship capsizes near Taiwan, four dead

Chinese cargo ship Hong Xiang 819 capsized while sailing near Penghu Islands of Taiwan on Tuesday, resulting in the death of four...
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DP World, NIIF joint venture to invest ₹1,000 crore in JNPT free trade zone

DP World, NIIF joint venture to invest ₹1,000 crore in JNPT free trade zone

Hindustan Infralog Private Limited (HIPL), a joint venture between DP World Ltd and India’s National Investment and Infrastructure Fund Ltd...
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Chinese port authorities tighten vessel crew COVID-19 screening, buyers concerned: sources

Chinese port authorities tighten vessel crew COVID-19 screening, buyers concerned: sources

Chinese authorities have tightened screening of crew members on vessels arriving at ports after several cases of COVID-19 were confirmed...
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Latest Seafarers Happiness Index Report Reveals Seafarer Welfare Crisis At Tipping Point

Latest Seafarers Happiness Index Report Reveals Seafarer Welfare Crisis At Tipping Point

The latest Seafarers Happiness Index, published today by The Mission to Seafarers, has revealed the ongoing impact of COVID-19 on...
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