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Swan Defence and Heavy Industries signs $220 mn deal to build 6 advanced chemical tankers for Norway’s Rederiet StenersenSwan Defence and Heavy Industries Limited (SDHI) has signed a Letter of Intent with Norwegian shipowner Rederiet Stenersen AS to build six ...
Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
Who will pay for the Baltimore bridge collapse?After the Francis Scott Key Bridge collapse in Baltimore, President Biden pledged the federal government's full funding for rebuilding. Lia...
Saving Suez: As Red Sea attacks threaten global trade, what it means for IndiaSuez Canal Incidents: Over 300 vessels have opted for a 6,000 nautical mile diversion around the Cape of Good Hope in recent days. Conseque...
Indian Navy has a Rs 2 lakh crore plan to counter Chinese dragon in Indian OceanThe Indian Navy has placed orders for 68 warships and vessels worth approximately Rs 2 lakh crore in its effort to strengthen its blue-wate...
China is flooding the world with carsThe Chinese automakers have ensured that they capitalise on Russia since war began in Ukraine, transporting vehicles by train, other than c...
Russia’s rusty oil tanker fleet sets sail with newer shipsShortly after President Putin’s invasion of Ukraine early last year, hundreds of aging tankers were snapped up by a cohort of faceless trad...
Western curbs on Russian oil products redraw global shipping mapAs a result of the European Union ban on Russian fuel that started on February 5, tankers carrying clean oil products such as gasoline, die...
Tanker giants sprout from nowhere to keep Russian oil movingTwo little-known companies, Mumbai's Gatik Ship Management, and Dubai's Fractal Shipping have emerged as key players in Russia's vast new p...
Russia’s Ukraine war turns fuel tankers into hot propertyTrade curbs on Moscow have upended fuel flows, locking up more ships on long-haul routes, while others handle Russian shipments.
Companies are rethinking their supply chain networks after CovidDisturbances will continue into next year because the global supply chain is so fragile post Covid that any event, small or big, will affec...
Fleeing sanctions, oligarchs seek safe ports for superyachtsWhile many are still anchored at or near sun-splashed playgrounds in the Mediterranean and Caribbean, more than a dozen were underway to or...
Fleeing sanctions, oligarchs seek safe ports for superyachtsThe evolution of oligarch yachts goes back to the tumultuous decade after the 1991 fall of the Soviet Union, as state oil and metals indust...
Off the grid: Chinese data law adds to global shipping disruptionThe data is relied upon to provide information on cargo volumes and helps optimise logistics by predicting congestion so companies can make...
Suez Canal chief cites possible 'human error' in ship groundingThe crisis has crippled global supply chains, forcing cargo firms to choose between waiting or the expensive option of rerouting vessels ar...
Titagarh Wagon forays into ship-building businessGoing forward, the company plans to focus on defence and specialised ships, Titagarh Wagons (TWL) executive chairman J P Chowdhary said.
Goa can be destination for Aero Show, Defence Expo: Manohar ParrikarThe former Goa chief minister, however, expressed reservations over shifting the show, claiming that the mega event had faced opposition by...
L&T Shipbuilding gets Rs 943 crore order from Qatar firmThese orders, received in the Q3, are in addition to the order received last year from Halul Offshore Services Company for two PSVs and 2 A...
- ‘Shipping recovery not before 2013'
Recovery of the shipping market is unlikely before 2013, says the latest industry outlook released by ICRA, an associate of Moody's Investo...
- ABG Shipyard bags $264.68 mn orders
ABG Shipyard has bagged a repeat order for 2 vessels valued at $34.20 million from Lamnalco of Cyprus. The company has already delivered se...