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CARGO SHIP REPAIRS KARACHI
Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...- CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situationThe head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to o...
- China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
- On This Day in History, June 10: Salem witch hangings, Italy enters World War II, the Six-Day War ends, Benjamin Franklin's kite experiment, the Lidice massacre and other major eventsOn This Day in History, June 10, several pivotal events shaped the course of world history. The date is remembered for Benjamin Franklin's ...
- India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
- US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...
- Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...
- India says fire reported on oil tanker with 24 Indian sailors, all crew safeA fire broke out on the oil tanker Marivex off the coast of Oman, with 24 Indian sailors on board. All sailors are reported safe, and autho...
- West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
- North Korea to build 10,000-ton destroyer, state media says before Xi Jinping's visitNorth Korea announced plans to build a 10,000-ton destroyer and develop secret underwater weapons, with leader Kim Jong Un ordering the dep...
- Musket balls and a burnt hull: First shipwrecks linked to Pirates of the Caribbean discovered in Nassau Harbor, The BahamasNassau, Bahamas, once a pirate haven, has yielded six shipwrecks. Three wrecks are linked to the Golden Age of Piracy. These discoveries ar...
- Cold storages struggle as Gulf cargo lands in IndiaIndian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these dive...
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
- India imports 55% of LPG from the US, 12% from Iran in MayIndia's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's nee...
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
- India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
- Pakistan prevents cargo ship from sailing out after it collides with another vessel outside Karachi portA cargo ship is being held in Karachi, Pakistan after a collision at sea. The vessel, MV Nevi, collided with MV Papu on May 28. Karachi Por...
- Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
- India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
- Ukraine says Russian drone strike damaged Turkish ship sailing from OdesaA Russian drone strike has ignited a fire on a cargo ship. The vessel was en route to Turkey from Ukraine's Odesa port. Two crew members su...
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