Cargo Ships

Port cargo traffic growth in November slows to 3% amid trade slowdown

Flat cargo numbers since Q2 drag total FY23 growth down to 8.8%

Cargo hub on cards in Chhattisgarh to reach international markets

Chhattisgarh Chief Minister Bhupesh Baghel had submitted a proposal for the hub at the 23rd meeting of the central zonal committee, held recently in Bhopal

Old is gold: Sky-high cost of ageing ships sounds inflation worldwide

The disruption to world trade caused by pandemic lockdowns and a shortage of new cargo vessels has pushed freight rates for ageing container ships to record highs

Cargo handling by Essar Vizag port up by 10% YoY to 1.3 mn tonnes in Apr

Surge in traffic marks the uptick in Indian steel sector, a major contributor to India's manufacturing output

'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships

Aim is to bypass log-jammed ports and secure scarce ship space at a time when Covid-19, as well as US-China trade ructions, equipment shortages have exposed fragility of globe-spanning supply lines

Cargo ship splits in two pieces after running aground in Japan port

A cargo ship broke into two pieces after running aground in a northern Japanese port and is spilling oil into the sea, Japan's coast guard said Thursday

Fiery explosion erupts on container ship at major global port in Dubai

A fiery explosion erupted on a container ship anchored in Dubai at one of the world's largest ports late Wednesday, authorities said, sending tremors across the commercial hub of United Arab Emirates

JNPT's container cargo traffic rises 65.38% in May at 454,385 TEUs

Container cargo traffic at Jawaharlal Nehru Port Trust (JNPT) recorded a 65.38 per cent growth in May at 4,54,385 TEUs (twenty-foot equivalent units) over 2,74,755 TEUs in the same month last year

Suez Canal authority plans to widen canal to avoid another 'The Ever Green'

To avoid a repeat of events like The Ever Given, a cargo ship which was struck in Egypt, the authority has decided to start dredging work to widen and deepen the southern part of the canal

Egypt plans Suez Canal expansion after grounding of vessel in March

Egypt on Tuesday announced plans to widen and deepen the southern part of the Suez Canal where a hulking vessel ran aground and closed off the crucial waterway in March

Vessel that blocked Suez Canal impounded amid financial dispute

Lt. Gen. Osama Rabie said the hulking Ever Given would not be allowed to leave the country until a compensation amount is settled on with the vessel''s Japanese owner, Shoei Kisen Kaisha Ltd.

Fraught with challenges: Ship salvaging industry rides on rough waters

The rescue of the cargo ship that choked the busy Suez Canal has put the spotlight on a sector

Suez Canal authority expects 140 more ships to pass through the waterway

Egyptian President said the Ever Given's grounding had drawn attention to the importance of the waterway for global trade

'She's free': Traffic in Suez Canal resumes after stranded ship refloated

Key waterway between Europe and Asia blocked since Tuesday; at least 369 vessels waiting to transit canal

Dutch firm working to free ship hopes to clear Suez Canal by next week

A giant container ship grounded in the Suez Canal could be freed by the start of next week if heavier tugboats, dredging and a high tide succeed in dislodging it

Global trade gets rerouted, supply disrupted with Suez Canal still blocked

Swedish furniture giant Ikea and yellow bulldozer-maker Caterpillar Inc. are among the many international companies facing supply-chain headaches

Suez canal blockage: Snarl halts $9.6 billion a day worth of ship traffic

So far efforts by tugs and diggers to dislodge the Ever Given -- the 400-meter long vessel that became wedged in the canal on Tuesday -- have failed

Suez Canal blockage is a signal of what's ahead as ships get bigger

The 200,000-ton cargo ship currently lodged in the Suez Canal, bringing 13% of the world's trade to a halt, may be the biggest vessel to get stuck in a major waterway

No 'link' between stranded Indian ship crew and ties with India, Aus: China

The relations between India and China are under stress over the current military standoff at Eastern Ladakh

Major ports' cargo traffic falls for 6th straight month; logs 14% drop

Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month