Guidelines for dealing with stressed public private partnership (PPP) projects at Major Ports in respect of (i) Projects which became stressed during construction stage i.e. pre-coD stage; and (ii) Projects, both at pre-COD and post-COD stage, which became stressed due to borrowings being categorised by the lenders to the projects as NPA, and/or lenders have approached NCLT for recovery of their dues
Targeting 18,000 km of NHs in 2022-23: Gadkari
ONE launches improved eCommerce platform
Mumbai Port chemical berth's permissible draft enhanced
Plea against import of GM soybean meal
RoDTEP rates for SEZs to be finalised by mid-June
Capt. Rajesh Unni elected Vice Chairof Maritime Anti-Corruption Network
Chittagong Port Authority's new tariff
India, UK target FTA by Diwali; doubling bilateral trade by 2030
All American Marine delivers second 150-passenger cat to Alaska tour operator The All American Marine (AAM) shipyard in Bellingham, Wash., has completed construction, launched, and delivered the Skana, a 150-passenger hydrofoil-assisted catamaran for Major Marine Tours. This is the second vessel AAM has
Empire Wind picks ECO to provide plug-in hybrid SOV Empire Offshore Wind, a joint venture between Equinor and BP, has reached a long-term charter agreement that will see Edison Chouest Offshore (ECO) provide a plug-in hybrid service operations vessel (SOV) for
Carolinas offshore wind lease sale draws $315 million in winning bids Yesterday's Department of the Interior wind energy auction for two lease areas offshore the Carolinas attracted competitive winning bids from two companies - TotalEnergies Renewables USA and Duke Energy Renewables Wind -
Teekay expects tanker trade dislocation to stay Longer-haul trade likely to continue as the West shuns Russian oil, but headwinds such as a dip in the global...
Legal framework years behind autonomous shipping revolution, lawyer warns 'We've got new technology created new law, with potentially new outcomes without necessarily knowing what will happen next,' says HFW...
Banks start selling Sovcomflot fleet as sanctions deadlines loom Sovcomflot is negotiating the sales of dozens of its vessels to multiple Chinese and Middle Eastern buyers before sanctions deadlines...
Supply chain snarl-ups boost HHLA revenues Despite having to shutter one of its facilities HHLA's earnings rose during the first three months. Higher storage fees at...
UN tries to raise $80m to fix FSO Safer, but gets just $33m A UN meeting at The Hague raised $33m of its $80m target to transfer oil from floating storage vessel Safer...
Capesizes jump to five-month high The market has now overtaken the panamax, supramax and handysize segments which had surpassed daily earnings for the capesizes over...
Hapag-Lloyd forecasts decline in freight rates and demand Consumer confidence is being knocked by inflation and uncertainties. While disrupted supply chains are set to remain, Hapag-Lloyd expects demand...
Ukraine 'dislocation' of tanker market helps Euronav narrow losses Belgian tanker giant and aspiring market consolidator sets out a positive view of tanker market fundamentals ahead of a crucial...
Marsh upbeat on North's merger with Standard Reduced volatility will mean more stable technical results and thus more competitive pricing if deal goes ahead, says Marsh
China Merchants sells dry bulker pair as part of fleet renewal CMES says old vessels are not eco-friendly and energy-saving since their Energy Efficiency Existing Ship Index is 20%-30% higher than...
Pacific Basin joins initiative to develop zero-emission ships Chief executive Martin Fruergaard says the dry bulker owner and operator makes zero emission-ready vessels the default choice by 2030...
First Ship Lease tanker remains detained in India 'We are just a carrier of the cargo, which is a legitimate cargo,' says chief executive, declining to specify the...
Palm oil carrier Golden-Agri Maritime signs Sea Cargo Charter Sea Cargo Charter signatories commit to disclosing annually how their bulk chartering activities fit the International Maritime Organisation's decarbonisation targets
Swire Shipping joins World Shipping Council Swire Shipping recently announced it had signed a deal to buy Westwood Shipping Lines, a US-based multi-purpose transpacific service operator
Daily Briefing Gard chief rejects Scandinavian 'superclub' idea | Why VLCCs haven't joined the tanker market turnaround | Port throughput masks volume...
Has the peak of container shipping's epic boom already passed? Ocean carrier Hapag-Lloyd sees consumer demand and spot rates slipping, with market highs in the rearview mirror.
Israeli company confirms Cargojet deal for Boeing 777 cargo conversions Israel Aircraft Industries announced Cargojet as the third customer for its program to convert Boeing 777 jets into full-time freighters.
Midsize tanker volatility an 'ongoing feature' amid geopolitical environment: Teekay CEO Freight for midsize Suezmax and Aframax tankers have been in flux since late February as European crude buyers look to replace Russian crude with US Gulf Coast origin barrels.
INTERVIEW: Methanol bunkering to jump on shipping's decarbonization thrust: Methanol Institute COO Russia's invasion of Ukraine has highlighted the need for an orderly energy transition pathway.
Panama Canal Authority suspends Neopanamax locks 49.5-foot draft restriction Maximum draft at Neopanamax locks had previously been reduced to 49.5 feet.
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