Searched for
BIMCO
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...- Only 10 vessels cross Strait of Hormuz since US-Iran truce as world’s oil lifeline remains frozenThe Strait of Hormuz sees minimal ship traffic post-ceasefire. Only a handful of vessels have navigated the crucial waterway amid ongoing c...
- Freight to dodge worst of US port fees thanks to workaroundsMajor shipping lines have assured customers no extra charges will be passed on. The global trade landscape is adapting to these new measure...
- Global shipping insurance may shift if sanctions end, Bimco saysNikolaus Schues, president of Bimco, suggests that new insurers supporting Russia's shadow fleet could be integrated into the global shippi...
- Maersk keen to build & repair ships in India, says officialMaersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing...
- Is India losing focus on International Shipping Industry?India's seafaring industry has grown significantly, with the country now the fifth largest supplier of seafarers worldwide. Despite the gro...
- Take maritime shipping off the inflation warning listThese latest disruptions are forcing ships to take alternative, longer routes. But once the ships arrive at their destinations, they are be...
- Add soaring insurance bills to mounting Red Sea trade chaosShipowners and charterers prepared to risk sailing through the Red Sea are wondering whether it’s cheaper to pay the mounting additional in...
- US sinks 3 ships, kills 10 after Houthi Red Sea attackThe naval battle occurred around 0330 GMT on Sunday as the attackers sought to board the Singapore-flagged Maersk Hangzhou, Maersk and U.S....
- Maersk pauses Red Sea sailings after Houthi attack on container shipIranian-backed Houthi militants attacked a Maersk container vessel in the Red Sea, prompting the company to pause all sailing through the a...
- World faces shortage of merchant sailors to crew ships: StudyThe study released by BIMCO and ICS estimated that 1.89 million seafarers were operating over 74,000 vessels in the global merchant fleet.
- Global scramble for commodities sends shipping prices soaringGrowth in bauxite, coal, and grain trades, supported by pickup in global and Chinese demand for minor ores and other bulks, will keep vesse...
- Budget 2015 brings good news for ports, sailorsThe Union Budget has revitalised the Indian shipping and ports sector, paving the way for corporatisation of major port trusts and bringing...
- Government holds the cards for shipping industry turnaround: BimcoWithout the political responsibility, will and decisiveness, the prospect for a recovery is bleak, says Baltic and International Maritime C...
- Essar may partner with local firm in ZimbabweEssar Africa Holdings, an international subsidiary of the Essar Group, may be asked to bring in a local partner in Zimbabwe for reviving a ...
- Container lines like Maersk steam slower to restore profitContainer ships can't go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit.
- Essar Group to invest $750 mn to revive Zimbabwe Iron and Steel CoThis development closes the transaction process that Essar started in August 2010, with a public tender through Essar Africa, for the major...
- 'India needs to have its own anti-piracy law'Indian response to increasing piracy attacks in Indian Ocean region will have to move ahead of routine talks of increasing surveillance and...
- 'Global crew shortage reaches crisis point'Crew and officer shortages have reached crisis point across the globe. It has been made all the more critical by a rising tide of safety an...
- Govt clears decks for setting up country's first maritime universityThe ministry of shipping has cleared the ground for setting up a maritime university in the country. The ‘Indian Institute of Maritime Stud...
Load More
