Page 2 - Shipping Industry

Alang ship recycling industry fears worker's death may hurt global image

Police case against unit and closure notice are unfair to business facing stiff competition, says association

How shipping industry's $500 bn profit can help it take on Amazon, FedEx

By the end of 2022, the container-shipping industry will have earned a staggering half a trillion dollars of operating profit from two years of supply-chain misery, estimates Drewry

Sagarmala Apex Panel to meet Friday: Monetisation, new projects on agenda

Shipping Minister Sonowal, Nitin Gadkari, Piyush Goyal, and Ashwini Vaishnaw to attend top maritime meet

Crisis in Ukraine impacts global shipping industry

The shortage of skilled personnel at the middle and senior levels can hamper the operations of the shipping lines

Ukraine-Russia war pushes freight charges up. Time to buy shipping stocks?

GE Shipping could see another 5 per cent jump, while other shipping stocks are displaying testing times

Precision Shipyard land to boost shipbuilding capability: Titagarh Wagons

The land and facility was acquired under an auction sale by Union Bank of India

Revenues of Egypt's Suez Canal hit record $6.3 billion in 2021

The revenues of Egypt's Suez Canal in 2021 reached $6.3 billion, the highest in the waterway's history, a top official said here.

Construction of ship repair facility in Guwahati to start from May: Sonowal

This facility is going to be a major contributor to the economic resurgence of the region, a statement said

Govt takes a step towards deregulating PPP tariffs at major ports

Currently, major ports' PPP concessionaires handle around 50 per cent of the total traffic handled by all the major ports in India

Ship sinks off Madagascar coast; 17 dead and 68 missing, says report

The ship, Francia, had left the city of Antanambe, in the eastern Mananara North district in the early hours of Monday

Shipping rate surge threatens global economic recovery, says UNCTAD

A surge in demand for consumer goods during the pandemic has created major supply bottlenecks around the world, which has impacted the supply of container ships and boxes to transport cargo

Shooting the messenger? Shipping carries the can as investors shun coal

Six European firms told Reuters they were either reducing their exposure to vessels that transport coal or were considering doing so

Shipping industry's zero-emission trials

The key to achieving reduction of emissions is development of alternate fuels by the oil industry

Why crisis for exporters could turn out to be a boon for shipping industry

Shipping companies counter that their costs have soared as well

Global shipping is earning the most money since 2008 as pandemic pain wanes

This boom's causes are twofold -- an economic reopening after Covid that has spurred surging demand for goods and raw materials

Shipping industry proposes levy to speed up zero carbon future

With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions and the sector is under growing pressure to get cleaner.

The world economy's supply chain problem keeps getting worse

Manufacturers reeling from shortages of key components and higher raw material and energy costs are being forced into bidding wars to get space on vessels, pushing freight rates to records

Exporters likely to move CCI on 'cartelisation' in shipping industry

Based on estimates of the Directorate General of Shipping, the country has seen a 15 per cent fall in the supply of containers in 2021 for various reasons

Stranded and shattered seafarers threaten global supply lines

The Delta variant devastating parts of Asia - home to many of the world's 1.7 million commercial seafarers - has prompted many nations to cut off land access to visiting crews

US accepted lifting all sanctions on oil and shipping, says Iran

Iran agreed in 2015 to curbs on its nuclear programme in return for the lifting of international sanctions