Page 6 - Shipping Industry
Secondary metal producers crumble under lockdown, shipping cos add to woes
Scrap imported at lower prices stuck at ports, finished goods lying at factories with no transport available; shipping firms make hay by charging huge sums for storage at ports
 "Secondary metal producers crumble under lockdown, shipping cos add to woes")
Directorate General of Shipping lays down rules to combat coronavirus
Vessels using only Indian ports need not follow all the instructions mentioned in the order, but need to carry out a due diligence process
 "Directorate General of Shipping lays down rules to combat coronavirus")
Port reforms: The next big step
Cabinet clearance of the Major Port Authority Bill, 2020, should breathe new life into government-owned major ports
 "Port reforms: The next big step")
Coronavirus epidemic to disrupt earnings of Indian shipping companies
Crashing tanker freights, negative Baltic cape index to take toll on March quarter show
 "Coronavirus epidemic to disrupt earnings of Indian shipping companies")
Agriculture to shipping, some ministries likely to see spending squeeze
The official data shows that, for example, the agriculture ministry has spent 49 per cent of its budgeted expenditure till November-end, compared to 70 per cent for the same period last year
 "Agriculture to shipping, some ministries likely to see spending squeeze")
India eyeing 60% of ship recycling biz, will help GDP reach $2.2 bn: Govt
The Act ratifies the Hong Kong convention and facilitating environment friendly recycling process of ships and adequate safety of the yard workers
 "India eyeing 60% of ship recycling biz, will help GDP reach $2.2 bn: Govt")
Shipping Industry to witness cost rise of $15 bn over IMO regulations
Companies to pass on entire cost increase to customers
After nod to Recycling of Ships Bill, India eyeing 60% global share: Govt
Terming the passing of the Bill as a giant step and a historical moment in the Indian maritime arena, Mandaviya said it will have far reaching effects on the ship recycling industry.
 "After nod to Recycling of Ships Bill, India eyeing 60% global share: Govt")
India has clocked four-fold jump in cruise calling in 2 years: MoS Shipping
The minister further said the government is also taking initiatives to develop inland waterways for river cruise tourism
 "India has clocked four-fold jump in cruise calling in 2 years: MoS Shipping")
Improving ease of doing biz: Govt to identify what's slowing cargo movement
The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, is carrying out the study
 "Improving ease of doing biz: Govt to identify what's slowing cargo movement")
Storm is coming: firms brace for transport disruption post shipping shakeup
The world's two biggest container shipping lines - Denmark's Maersk and Swiss headquartered MSC - say they face annual extra costs of over $2 billion each
