A Dutch salvage firm is attempting to refloat the vessel with tugboats and dredgers, taking advantage of high tides
The company that owns the giant container ship stuck sideways across the Suez Canal said an attempt will be made to refloat the vessel by taking advantage of tidal movements later Saturday.
US President Joe Biden said his administration was looking at what it could do to help
It's going to be tough to come up with a single figure that covers everything, and much will depend on how long the massive cargo ship remains stuck in the waterway
Swedish furniture giant Ikea and yellow bulldozer-maker Caterpillar Inc. are among the many international companies facing supply-chain headaches
On Tuesday morning, the container ship Ever Given ran aground while navigating the Suez Canal. It swung sideways, blocking almost the entire channel. It hasn't been refloated yet
A maritime traffic jam grew to more than 200 vessels Friday outside the Suez Canal and some vessels began changing course
The suspension of traffic through the narrow channel linking Europe and Asia has deepened problems for shipping lines that were already facing disruption and delays in supplying retail goods
Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway
At 400 meters in length, the vessel that was built in Japan about three years ago is longer than the Eiffel Tower laid on its side
Agency estimates 8 per cent year-on-year improvement in volumes for Indian ports in FY22.
The FIEO says the e-module is a first-level marketplace where exporters can post their container demands online, which will help in ground-level assessment of containers required in the country
The six MoUs are to the tune of Rs 225 crore in a span of five years
Cochin Port will sign nine MoUs worth Rs 2,825 crore at the second Maritime India Summit 2021 to be held held on March 2-4, the government said on Wednesday. Cochin Port Trust is one of the 12 major ports in the country. "Cochin Port Trust (CoPT), one of the major port trusts in India, will sign 9 MoUs of Rs 2,825 crore (as of today) at 2nd Maritime India Summit 2021 scheduled to happen on 2nd to 4th March 2021," Ministry of Ports, Shipping and Waterways (MoPSW) said in a statement. These MoUs will be majorly signed between Fertilisers and Chemicals Travancore Limited (FACT); Kottayam Port & ICD Services; IOCL; IGTPL; etc. The MoUs will be signed in the areas like dredging for maintenance of channels and basins, coastal connectivity, cargo handling, tourism related projects, aviation fuel terminal, deepening and widening of port channels, etc. "The Ministry of Ports, Shipping, and Waterways is also in process of finalising more than 217 MoUs to be signed in conjunction with the ..
Essar Shipping on Monday said its consolidated net loss widened to Rs 181.88 crore in the third quarter ended December 2020
Of the five container terminals in the JNP, the port itself runs only one. Of the others, one is run by APM Terminals, another by the Singapore Port Authority and two by DP World
India, the world's second-largest sugar producer, exported only 70,000 metric tons in January, less than a fifth of the volume shipped a year earlier
On Wednesday, daily earnings for supertankers sailing on the benchmark Middle East to China route were -$1,190, according to figures from the Baltic Exchange in London
Non core assets of the company are being hived off and will not be a part of the sale
Covid-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it's fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home