News Flash

IEA: Casting a shadow on Strong Oil Demand Growth

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and...
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Port of Rotterdam to start trial with PIN-free container handling

This week, various parties in Rotterdam will be launching a new pilot project, in which containers are handled and released...
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Governments pledge action for seafarers at crucial crew change summit

IMO Secretary-General Kitack Lim has welcomed the commitment of 13 countries to facilitate crew changes and achieve key worker designation...
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Drop in petroleum demand led to rise in crude oil inventories and low refinery utilization

The U.S. Energy Information Administration’s (EIA) latest Petroleum Supply Monthly shows the significant changes in petroleum markets that occurred in...
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Global oil markets are getting what they need from OPEC+

Headlines are currently screaming at readers: “Oil markets starved of essential Russian and Saudi barrels.” And yet, only a few...
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Cargo volume at Major Ports dips 20% in April-June Quarter

Cargo handled by the country’s major ports declined by 19.68 per cent to 141.92 million tonnes (MT) in the first...
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Port of Antwerp sees first sign of recovery amid Covid Pandemic

Though the Port of Antwerp has reported a 4.9% drop in the total throughput of goods for the first half...
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At 42.7 mn, June e-way bills close to pre-Covid days

More than 42.7 million e-way bills were generated in June with a total value of 12.4 lakh crore, higher than...
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Mansukh Mandaviya calls for developing lighthouse tourism opportunities in India

Union Minister of State(I/C) for Shipping Shri Mansukh Mandaviya held a high level meeting, for developing around 194 existing lighthouses across...
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Deendayal Port to develop 3 new Oil Jetties : Chairman

The Deendayal Port Trust (DPT) will develop three new oil jetties at a cost of over Rs 550 crore, which...
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MSC Continues To Invest In Decarbonising Shipping

MSC Mediterranean Shipping Company, a global leader in shipping and logistics, is heavily investing in its fleet and low-carbon technology...
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New Shipping Service between Kolkata Port & Chattogram begins

In a significant stride to augment Indo-Bangla trade, Syama Prasad Mookerjee Port (SMP), erstwhile Kolkata Port Trust, recently started a...
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APM Terminal Pipavav sets new standards in cargo handling during lockdown

APM Terminals Pipavav ensured smooth operations much to the satisfaction of all its stakeholders, during the lockdown that came into...
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High volume vessel calls as a result of blank sailings put pressure on port operations

The tenth WPSP-IAPH COVID19 Port Economic Impact Barometer published today reveals an important development for ports located in countries where...
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MEPs set to navigate shipping into the EU’s carbon market

Members of the European Parliament’s environment committee (ENVI) will vote on Tuesday (7 July) on a package of measures intended...
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Railways in talks with states to bring back Dedicated Freight Corridor workers; 7000 return to worksites

The Railways is in talks with state governments to get labourers back at worksites of its largest infrastructure project, the...
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AP Govt initiates measures to build 3 Ports, 7 Shipping Harbours

Chief Minister YS Jagan Mohan Reddy who had earlier taken the decision for setting up of three major ports and...
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India to save 20% Logistics cost in Container transport to CIS countries via Chabahar: Mansukh Mandaviya

By developing strategic Chabahar Port in Iran, Indian will reduce logistics cost by 20 per cent in container transport to...
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Bulk carrier disabled while leaving Tauranga NZ

Bulk carrier FUNING loaded with timber, went out of control after losing power at around 1245 UTC Jul 5, while leaving Tauranga,...
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China is storing an epic amount of oil at sea. Here’s why

China bought so much foreign oil at dirt-cheap prices this spring that a massive traffic jam of tankers has formed...
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