News Flash

Govt frames norms for enforcement of “Rules of Origin” for imports under FTAs

The Government has come out with norms for the enforcement of ”rules of origin” provisions for allowing preferential rate of...
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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...
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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...
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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...
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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,...
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Immigration to soon go live on PCS1x platform

With this move, the crew list of ships calling on the ports can be shared in advance with immigration authorities...
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India’s crude imports fall to lowest in over a decade in July

India’s crude oil imports fell in July to their lowest since March 2010 as fuel demand slowed amid renewed coronavirus-induced...
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Increased risk of hull fouling due to COVID-19

The COVID 19 pandemic has had a dramatic impact on the shipping industry. Hundreds of container ships have found their...
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Japan ship deviated from shipping lane before Mauritius impact, data shows

The Japanese-owned bulk carrier that ran aground off Mauritius and spilled oil over pristine waters and fragile coral reefs diverted...
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2021 World Maritime theme – “Seafarers: at the core of shippingʹs future”

“Seafarers: at the core of shippingʹs future” has been selected as the World Maritime theme for 2021, reflecting a clear...
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Greek tanker hijacked in Somali waters

The 1994-built 8,100 dwt chemical tanker Aegean II has been hijacked by armed men in Somali waters. According to a report by maritime...
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Bahri orders ten chemical tankers at Hyundai Mipo

Saudi Arabian owner Bahri has entered into an agreement with Hyundai Mipo Dockyard for the construction of ten 49,999 dwt...
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90% of Maritime Kidnappings Take Place In Gulf of Guinea, IBF Calls For Strict Action

The history of piracy in the Gulf of Guinea dates back decades, but it is only in the past few...
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Bulk Carrier Crew Refuses To Work After Months Trapped On Ship, Gets Repatriated

The crew of another ship have taken matters into their own hands in a new front in the unfolding crew...
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Cargo Ship Catches Fire In The Arabian Sea, Second Engineer Dies

A fire aboard the Greek-flagged cargo ship ‘Faneromeni’ led to the demise of a 55-year old second engineer, who was...
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India: Ministry Of Shipping Inks MoU For Skill Development In Port And Maritime Sector

To reap the benefit for vast employment opportunities in maritime sector and with a view to certify their skill sets,...
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Brazil, India and South Africa face toughest recovery among G-20 nations, study finds

Brazil, India and South Africa face the harshest road to recovery of all the G-20 (Group of 20) major economies,...
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Iranian Forces Detain UAE Flagged Vessel

Reporting suggests that Emirati Coast Guard vessels shot at a number of Iranian fishing vessels, which resulted in the deaths...
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Container Shipping service levels dropping as costs and rates rise : Drewry

Container shipping costs and service levels are at risk of spiralling out of control, according to Drewry. As well as...
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No permits required to load Transshipment Containers in Saudi Ports

The Saudi Ports Authority (Mawani) in cooperation with the Saudi Customs, announced recently the abolishment of the requirement to issue...
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