The Basmati Rice Farmers and Exporters Development Forum (BFEDF) has criticised the role of shipping lines in dealing with shipments of basmati rice stranded at inland container depots (ICDs), transhipment …
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In early April — after a month of disruption around one of the world’s most important energy chokepoints — US President Donald Trump wrote that with “a little more time, …
Coastal shipping between Kochi and Gujarat has taken a hit following prolonged disruptions in the ceramic manufacturing hub of Morbi, a key driver of cargo movement along the western coast. …
For over 40 days, staff handling the helpline at the UK-headquartered International Seafarers’ Welfare and Assistance Network (ISWAN) have been fielding anxious calls from marine crew members stranded in the …
The attack on Indian-flagged ships in the Strait of Hormuz has brought renewed focus on the safe passage of Indian commercial vessels and the broader bilateral relationship between New Delhi …
International Air Transport Association Director General Willie Walsh has voiced concerns over potential jet fuel shortages and cancellations in Europe by end -May. “The IEA’s (International Energy Agency) assessment of …
India has approved a ₹12,980 crore ($1.4 billion) guarantee for a maritime insurance pool, a minister said on Saturday, as wars and sanctions prompt insurers to withdraw cover, threatening trade …
An Iraq-bound supertanker that aborted a weekend attempt to cross the Strait of Hormuz into the Persian Gulf is now sailing through the waterway, a transit that would make it …
In response to the escalating geopolitical tensions in West Asia, the Directorate General of Shipping (DGS) has issued a comprehensive advisory aimed at safeguarding maritime trade and ensuring operational continuity. …
CV Jens Meier has been the CEO of Germany’s Hamburg Port Authority since 2008. With over 25 years of experience in the port, logistics, finance and IT sectors, the computer …
The Ministry of Ports, Shipping and Waterways (MoPSW) has signed a Plan of Implementation with the Korea International Cooperation Agency (KOICA) to strengthen skill development in India’s shipbuilding and marine …
In a largescale programme involving 50 shipowners, Danish shipping major AP Moller-Maersk is, in close collaboration with the owners, retrofitting around 200 vessels in its time-chartered fleet. The main aim …
A container ship signalling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the …
More than a month into the West Asia crisis triggered by the US–Iran conflict, shipping and trade remain in deep turmoil, marked by extreme volatility and uncertainty. The disruption of …
The Union government has approved the proposal of New Mangalore Port Authority (NMPA) for the redevelopment of berth no. 9 for handling liquid bulk cargo on a public-private partnership (PPP) …
A Greek-owned panamax has become the first bulk carrier to transit the Strait of Hormuz with its Automatic Identification System turned on since March 2. Liberia-flagged, 81,713 dwt Giacometti (IMO: …
The Directorate General of Shipping has extended the validity of crew certificates by three months bringing relief to seafarers who are stuck in the Gulf region. The move will also …
Hapag Lloyd is incurring additional cost of $ 40-50 million per week due to ongoing conflict in West Asia, Rolf Habben Jansen, CEO of Hapag Lloyd said on Thursday. The …
The impact of the ongoing war in West Asia is being felt across the world. Beyond geopolitics and energy markets, the repercussions are being felt in boardrooms, export houses and …
New Mangalore Port Authority (NMPA) has announced several measures to mitigate the hardships faced by port users due to ongoing geopolitical disturbances in West Asia. In a trade notice dated …
The Jawaharlal Nehru Port in Maharashtra has successfully reduced stranded containers to half, even as global shipping dynamics remain affected by the ongoing West Asia war. The progress follows a …
India’s general insurance sector is feeling the heat of the ongoing US-Israel war with Iran, with the conflict spilling over to multiple countries in West Asia. Shipping activity in the …
U.S. President Donald Trump said on Saturday that many countries would send warships to keep the Strait of Hormuz open for shipping, but did not provide details on which countries …
The ongoing West Asia crisis has left nearly 23,000 Indian seafarers stranded across the Gulf region, with hundreds of them on board vessels currently stuck near the Persian Gulf. According …
Maritime platform Lila Global has acquired a very large crude carrier (VLCC), Lila Jamnagar, marking the first instance of a vessel of its kind being structured through the International Financial …
The US-Israeli war on Iran has threatened Gulf ports and disrupted global trade through the Strait of Hormuz through which roughly a fifth of the world’s oil and liquefied natural …
The commander of Iran's Islamic Revolution Guards Corps (IRGC) Naval Force has said that vessel seeking to sail through the Strait of Hormuz must obtain Iran's approval; otherwise, it could …
Directorate General of Shipping (DGS) has asked shipping lines to refrain from non-transparent and opportunistic pricing.. This follows complaints from exporters regarding levy of multiple ancillary charges that are deemed …
GMS, the world’s largest buyer of ships for recycling, has urged the European Commission to approve qualified Indian ship recycling facilities for inclusion in the European list under the European …
India is waiting for clarity on various operational aspects of the marine reinsurance facility being offered by the US International Development Finance Corporation (DFC), including on the selection criteria for …
Secretary-General of International Maritime Organization Arsenio Dominguez said on the reports of seafarer fatalities in West Asia, “I am alarmed and deeply saddened to hear of a deadly attack on …
On March 23, 2021, the MV Ever Given ran aground in the Suez Canal and stayed there for six days. The ship was 400 metres long; the canal at its …
Union Shipping, Ports and Waterways Ministry has proposed that ports may consider requests regarding reduction, waiver or remission of charges, including change of vessel charge, and also rolled out a …
With Swiss shipping major Mediterranean Shipping Company (MSC) declaring “end of voyage” for Gulf-bound shipments amid the Iran–Israel conflict, attention has now turned to where the diverted containers will actually …
Shipping company MSC said on Saturday it would implement an emergency fuel surcharge to all cargo from the Mediterranean (including West Mediterranean, Adriatic, East Mediterranean, Greece and Turkey) and Black …
The Maharashtra government on Saturday signed a memorandum of understanding (MoU) with three Finnish companies to modernise Sassoon Dock and transform it into a world-class fishing harbour. The Maharashtra Fisheries …
At least 101 people were missing and 78 wounded after a submarine attack on an Iranian ship off Sri Lanka's coast, sources in Sri Lanka's navy and defence ministry told …
As many as 37 Indian-flagged ships with over 1,000 seafarers are stuck in the Persian Gulf, the Gulf of Oman and the adjoining sea areas as the key shipping route …
Freight carriers will have to pay an additional premium to restore war cover for shipments passing through high-risk areas amid the escalating crisis in West Asia, experts said. Vessels of …
The world’s biggest container shipping companies are revising their sailing schedules as the US and Israel’s war with Iran threatens to disrupt ocean freight in the Persian Gulf region — …
CMA CGM, the French container shipping giant, has imposed an emergency conflict surcharge between $2,000 and $4,000 per container on cargo moving through the Middle East and surrounding waters effective …
Some oil majors and top trading houses have suspended crude oil, fuel and liquefied natural gas (LNG) shipments via the Strait of Hormuz as the US and Israel attack Iran …
AP Moller-Maersk has signed an order for eight large vessels with New Times Shipbuilding Co Ltd in China. All eight ships will have the same characteristics and make up a …
India’s cruise market can scale meaningfully only when ships begin sailing regularly from domestic ports, according to Varun Chadha, Chief Executive Officer of TIRUN Travel Marketing. In an interaction with …
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet. The three …
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