Category Archives: News

Government announces no port and vessel-related charges on coastal shipping for the next 6 months

The Shipping Ministry has instructed all major ports to exempt coastal shipping operations from port and vessel tariffs for the next six months…
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11% traffic surge in Indian ports, signifies economic recovery

According to the DAM Capital report, traffic in Indian Ports has witnessed a growth of 11% growth during the April-June quarter of 2022-23,…
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Trouble for Indian shippers as they face new cost hike

The major container lines have resurrected the prospect of steep surcharges on heavy containers shipped from India to the United States and Canada,…
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Railway implements RO-RO charges, to be on par with road rates

The Indian Railways have formalized the tariff for RO-RO (Roll-on, Roll-off) service it provides to its transporters. The new charges are now equivalent…
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Iran emerges as a new channel for the trade route between Russia and India

The Chabahar Port has received renewed interest from New Delhi and high-level talks between India and Iran were conducted to activate the shorter…
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All major ports fully self-sustainable on electricity by 2030: India Govt.

The Union Minister for Ports, Shipping, and Waterways, Mr. Sarbananda Sonowal communicated that the government of India is committed to reducing the emissions…
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Malaysia and Singapore companies come together to build a green offshore supply vessel

Three Malaysian shipbuilding and ship repair companies have come together in collaboration with a Singapore-based ship designer to build an environment-friendly offshore supply…
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Ease of business as a new trade route between India and Bangladesh cross-border has been successfully tested

The first India-Bangladesh cross-border logistics of containerized cargo utilizing the inland waterways has been successfully completed by Maersk. This Protocol Route was tested…
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EEXI and CII: The dual regulations impact global fleet dynamics

With 156 days to go, discussions on future regulations of the International Maritime Organization on existing energy-efficient vessels (EEXI) and carbon strength indicators…
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The new demurrage and detention charges (OSRA 2022) cleared by the US

The US has passed the Ocean Shipping Reform Act 2022 (OSRA 2022) to expand the scope of what the Federal Maritime Commission (FMC)…
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