India’s busiest ports at Kandla in Gujarat and Mumbai are further clogged with LPG import vessels as the state-owned oil companies refuse to go beyond a small list of ports that have been designated by the government to give freight subsidies for bringing in the cooking fuel from overseas, sources said. Under the PDS Kerosene … Read more

Khalid Mahmud Chowdhury, State Minister of Shipping, Government of Bangladesh said that about 8480 kilometres of the navigable waterway of Bangladesh could be utilised for transportation and distribution of goods between Bangladesh, India, Nepal and Bhutan. Speaking at the Inaugural Session of the Waterways Conclave 2022, a two-day event organised by the Ministry of Ports, … Read more

In a small but significant move, India and the US have decided to explore the possibilities of Indian shipyards not only maintaining but also repairing American navy ships. This is expected to not only further boost the India-US defence trade, but also bring additional business to the Indian shipyards. The decision was taken during the … Read more

COPENHAGEN: Shipping group Maersk, often seen as a barometer for global trade, on Tuesday cautioned the container market may normalize in the second half of the year, even as it raised full-year guidance driven by high container freight rates. The shipping industry has seen record profits in recent quarters as a surge in consumer demand, … Read more

Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according to one of the world’s biggest shipping companies. Currently, the number of ships waiting outside of the ports in Los Angeles and Long Beach have been reduced to less than 40, … Read more