News Flash

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Shipping needs strict deadlines to boost decarbonization, says PSL MD

Categories: News Flash

Date: May 09, 2023

Expediting shipping industry’s decarbonization pathway warrants harsh regulatory intervention, un...

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Implementation of time limit on reporting old e-invoices under GST deferred

Categories: News Flash

Date: May 09, 2023

Government has deferred implementation of time limit on reporting old e-invoices for big assesses u...

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An interim free trade agreement with Canada on the cards

Categories: News Flash

Date: May 09, 2023

India and Canada are all set to sign an interim free trade agreement as the commerce minister Piyus...

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Zim invests in refrigerated container fleet

Categories: News Flash

Date: May 09, 2023

ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume fo...

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DCI bags Paradip Port project

Categories: News Flash

Date: May 09, 2023

Dredging Corporation of India (DCI) has bagged a project worth `172 crore from Paradip Port Authori...

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All 62 passengers safe after engine room fire on Singapore ferry

Categories: News Flash

Date: May 09, 2023

The Maritime and Port of Authority of Singapore (MPA) said Saturday that all 62 passengers rescued ...

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Chinese vessels shadow Indian ships in Asean drill, say officials

Categories: News Flash

Date: May 09, 2023

Chinese surveillance vessel Xiang Yang Hong 10 and at least eight maritime militia ships, a front f...

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U.S. launches $4 billion effort to electrify U.S. ports, cut emissions

Categories: News Flash

Date: May 08, 2023

The Biden administration on Friday launched a $4 billion effort to electrify U.S. ports and cut hea...

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India launches direct shipping service between Tuticorin and Maldives to boost connectivity and trade

Categories: News Flash

Date: May 08, 2023

India has launched a direct shipping service between Tuticorin in Tamil Nadu and Maldives as part o...

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Global freight shows signs of bottoming out

Categories: News Flash

Date: May 08, 2023

Global freight volumes fell at some of the fastest rates for three decades earlier this year, but a...

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VPS-inspected marine biofuel samples surge amid push towards sustainable shipping

Categories: News Flash

Date: May 08, 2023

Key bunker hubs such as Singapore and major shipping companies, particularly container lines, globa...

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India’s imports from OPEC at all-time low as Russian oil buy peaks

Categories: News Flash

Date: May 08, 2023

Oil producers cartel OPEC‘s share in India’s oil imports fell to an all-time low of 46 per cent...

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Union Minister Sonowal To Receive First Indian Cargo Ship At Sittwe Port In Myanmar On May 9

Categories: News Flash

Date: May 08, 2023

The route is likely to unlock tremendous economic potential for the entire Bay of Bengal peninsula,...

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World's Largest Cruise Ship Icon of the Seas Starts Sea Trials in June

Categories: News Flash

Date: May 08, 2023

Shipbuilder Meyer Turku reports that the world’s largest cruise, the Icon of the Seas u...

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Without Waterways Biden’s Climate Plan Will Waste Trillions

Categories: News Flash

Date: May 08, 2023

 With a staggering 15,000+ miles of navigable waterways, it’s critical to note that river ba...

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Decoupling from China neither viable nor desirable for Europe, expert says

Categories: News Flash

Date: May 08, 2023

Decoupling from China is neither viable nor desirable for Europe, which is a close economic and tra...

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BRI generates tangible benefits for involved countries

Categories: News Flash

Date: May 08, 2023

The Belt and Road Initiative has become an important global public product, generating tangible ben...

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African leaders urged to harness seafarer green skills momentum

Categories: News Flash

Date: May 06, 2023

As the maritime industry transitions to a low and zero-carbon future, African policymakers are bein...

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DNV forecasts oil demand in transport sector to half by 2050

Categories: News Flash

Date: May 06, 2023

Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors in...

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Shipments from Ukraine slowing as Black Sea grain deal deadline nears

Categories: News Flash

Date: May 06, 2023

The pace of shipments from Ukraine under a U.N.-backed initiative has slowed as concerns grow over ...

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VLSFO premium eases; short-lived rebound fizzles out

Categories: News Flash

Date: May 06, 2023

Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) eased for a second consecutiv...

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Trans-Atlantic cargo frenzy boosts Aframax tanker freight

Categories: News Flash

Date: May 06, 2023

A surge in demand for trans-Atlantic freight movements out of the US Gulf Coast on midsize Aframax ...

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World first in Antwerp port area: drone network officially launched

Categories: News Flash

Date: May 06, 2023

Six autonomous drones will perform daily flights in the Antwerp port area, a world first that will ...

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JNPA Port sets global benchmark with record 22-hour container turnaround time

Categories: News Flash

Date: May 06, 2023

Jawaharlal Nehru Port Authority (JNPA), India’s leading container port, has achieved a global mil...

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The unknown Indian company shipping millions of barrels of Russian oil

Categories: News Flash

Date: May 06, 2023

Please use the sharing tools found via the share button at the top or side of articles. Copying art...

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US Shipping Firms Set to Hire 75000 Filipino Seafarers In Next 3-4 Years

Categories: News Flash

Date: May 06, 2023

US-based seafaring majors are looking to hire approximately 75,000 Filipino seafarers in the next f...

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First Cargo Ship To India-Funded Myanmar Port Leaves Kolkata For Trial Run

Categories: News Flash

Date: May 06, 2023

Myanamar’s Sittwe Port, funded by India as part of the unique Kaladan Multimodal Transit Transpor...

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Venezuela’s oil tankers at risk of sinking, fires, spills, report finds

Categories: News Flash

Date: May 05, 2023

More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be imm...

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Shipping lobby group advises caution on climate targets

Categories: News Flash

Date: May 05, 2023

An influential shipping industry group has quietly warned shippers to think carefully before they s...

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Good news for shipowners as VLCC Inter-Atlantic trade remains strong

Categories: News Flash

Date: May 05, 2023

It’s clear that trading patterns for VLCCs have changed significantly over the last 12 months. Eu...

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Baltic index slips on weaker panamax, supramax rates

Categories: News Flash

Date: May 05, 2023

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Wärtsilä, DNV partner with Anglo-Eastern on vessel compliance reporting

Categories: News Flash

Date: May 05, 2023

As informed, the companies plan to integrate Wärtsilä’s Fleet Optimisation Solution (FOS) and V...