News Flash

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

If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of...
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India: Shipping Ministry says it has ‘no control or supervision’ over freight stations

The Shipping Ministry has said it has “no control or supervision” over privately-run container freight stations (CFS) located outside the...
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Second hand Ships A More Attractive Proposition for Ship Owners At Present

Ship owners are turning towards second hand ships in the post-pandemic era, at least for now, turning their backs on...
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Shipping Number of the Week: Chinese petroleum product exports drop 51% in May

Exports of refined petroleum products from China declined by 51% month-on-month in May as the COVID-19 pandemic kept oil demand...
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Panama Protects Seafarers During This World Health Crisis

The Panama Maritime Authority (AMP) wishes to highlight that the measures adopted through MMN-003-2020, on the extension of employment agreements...
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Exporters raising concern over consignment hold-up by Hong Kong, Chinese customs: FIEO

Some exporters have raised concerns over consignments being held back by Hong Kong and Chinese customs in response to a...
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Shipping Minister calls for exploring the possibility of recycling of dredging material

Minister of State for Shipping (I/C) Shri Mansukh Mandaviya chaired a video conference, for recycling of dredging material with officials...
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U.S. sanctions five Iranian ship captains for bringing oil to Venezuela – Pompeo

The United States on Wednesday imposed sanctions on five Iranian ship captains who had delivered oil to Venezuela, and the...
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Mansukh Mandaviya reviews seaplane operation projects

Shri Mansukh Mandaviya, Minister of State for Shipping (I/C), reviewed the seaplane projects on Indian water bodies in the ‘Chai...
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Lockdown Feat: TCS deploys Digital Solution remotely to help Adani Ports transform Mundra operations

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, announced that it has successfully deployed...
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Baltic index hits over 7-month high on increasing vessel activity

The Baltic Exchange’s main sea freight index touched its highest level in more than seven months on Tuesday, as rates...
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Milaha partners with Major Indian NGOs in their fight against COVID-19

As part of its social commitment towards Qatar’s strategic trade partners, Milaha – Qatar’s oldest and diversified maritime & logistics...
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DG Shipping extends validity of seafarers’ certificates till December 2021

The Directorate General of Shipping (DG Shipping) has extended the validity of seafarers’ certificates that are expiring on or before...
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New threat faces global trade: Exhausted crews want off cargo ships

Global trade is facing another coronavirus crisis just as economies begin to reopen: 200,000 seafarers stranded for months by port...
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First Remote Marine Survey Conducted For Harbour Tug In Singapore

Bureau Veritas Marine Singapore (“BV”), in collaboration with PSA Marine (Pte) Ltd (“PSA Marine”), has successfully completed a remote marine...
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Cargo movement on National Waterways poised to grow further, says IWAI

Cargo movement on National Waterways (NW) has reached 73.64 million metric tonnes (mmt) in 2019-20 and is poised to grow...
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Singapore launches ‘Playbook’ to accelerate maritime’s digital transformation

Going digital has become a part of Singapore’s plan to reboot its economy and enter a new normal post-COVID-19. “The...
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Stuck at sea: How to save the world’s seafarers and the supply systems they support

Clapping for essential workers on suburban streets cannot be heard at sea, where hundreds of thousands of crew members are...
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Tanker Market Could Suffer During the Second Half of 2020

With floating storage having peaked and more tonnage being gradually released, supply is on the rise in the tanker market....
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