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Mr. Rethina Kumar
 

“We will do it right, Now & Always” : Mr. Rethina Kumar


There is a famous saying “When the going gets tough, the tough gets Going”. This is a classic example of Lilly MARITIME Pvt. Ltd, a Mumbai based Ship management company, which has diversified into various maritime activities in the recent years. … Continue reading

 
Russia plans to boost shipbuilding capability
 

Russia plans to boost shipbuilding capability


Russia plans to boost its shipbuilding capability by creating a shipbuilding cluster for construction of vessels and marine equipment that will attract foreign investments. According to the Russian Government’s decree On the development of shipbuilding in Russian Far East, issued … Continue reading

 
China’s ZPMC cranes
 

Shipping ministry for reconsidering security ban on China’s ZPMC cranes


The shipping ministry has asked security agencies to reconsider their decision to deny clearance to Chinese crane maker Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) for supplying cargo handling equipment to India’s 12 state-owned ports. “We have asked the security … Continue reading

 
CochinShipyard
 

India: Cochin Shipyard to invest Rs. 1,200 cr to build dry dock


The development and modernisation plans of Cochin Shipyard Ltd (CSL) have received a boost, with the Shipping Ministry approving a Rs. 1,200-crore investment to set up a dry dock to build LNG carrier ships. In addition, other shipyards in the … Continue reading

 
Port of Naples
 

Container volume at Port of Naples falls 14pc in first half to 209,000 TEU


CONTAINER throughput at the Port of Naples fell 14.3 per cent in the first six months of the year to 209,000 TEU from 244,000 TEU in the same period last year. Of the total volume in first half, 162,000 TEU … Continue reading

 
HK port
 

HK cargo down 2.9pc in August to 1.88 million TEU, Singapore up 1.8pc


FIGURES from the Hong Kong Marine Department show the port handled 1.88 million TEU in August, representing a year-on-year decrease of 2.9 per cent from 1.93 million TEU in August last year. Singapore’s Maritime and Port Authority reported a 1.8 … Continue reading

 
Port of Dar es Salaam
 

Port of Dar es Salaam wins US$565 million in World Bank, UK loans and grants


TANZANIA has received US$565 million in World Bank and British loans and grants for the Port of Dar es Salaam to make it a regional hub, lifting annual capacity to 28 million tonnes from 14.6 million tonnes today. The World … Continue reading

 
ASIA THERMAL COAl
 

Asia thermal coal (CCI 7&8): CCI 8 down on Chinese import restrictions


Bearish sentiment swept across the Chinese market following the import restrictions reported Monday, with bids and offers reported lower, sources said Tuesday. An October-delivered mini-Capesize cargo of 5,500 kcal/kg NAR Australian thermal coal was heard offered at $55.80/mt FOB or … Continue reading

 
OPEC Secretary General Abdallah El-Badri
 

OPEC’s Badri says he expects OPEC to lower output target


OPEC Secretary General Abdallah El-Badri told reporters on Tuesday he expected the group to lower its oil output target when it meets next in late November. Badri was asked if OPEC’s 30 million barrels per day output target would still … Continue reading

 
oil prices sink
 

Russian central bank sees oil price returning to $100


The Russian central bank sees crude oil prices returning to above $100 per barrel in coming quarters and staying above that mark in 2016-2017, according to the bank’s quarterly monetary policy document published on Tuesday. By supporting the rouble, a … Continue reading

 
bimcologo
 

BIMCO: Key China indicator reveals sharp slowdown in industrial activity


The slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times, as Beijing aims for a soft landing and a transition of the economy. The demand for dry bulk shipping and container … Continue reading

 
Panama bunker fuel
 

Illegal bunker fuel trade on the rise in Singapore


Cases of illegal trade in marine diesel are on the rise in Singapore and more offenders have been arrested, according to the republic’s Police Coast Guard (PCG). From January to July this year, around 60 metric tonnes of ship fuel … Continue reading

 
Drewry Maritime
 

Ocean Three v other mega-alliances


Last Tuesday’s announcement of the formation of the “Ocean Three” alliance – actually a combination of vessel sharing, slot exchange and slot charter agreements – confirmed one of the worst kept industry secrets. But what will be its impact on … Continue reading

 
chabahara_port
 

India: Chabahar port project may get approval soon


The Narendra Modi government is expected to give the go-ahead to India developing the strategic Iranian port of Chabahar in the coming weeks, a move expected to give the country an alternative route to landlocked Afghanistan and the resource-rich central … Continue reading

 
Ocean Three
 

Ocean Three makes Croatia’s Port of Rijeka first Adriatic call on A-E route


FRENCH shipping giant CMA CGM is the latest of the new Ocean Three alliance partners to make Croatia’s Port of Rijeka its first Adriatic port of call, adding to deals made with China Shipping (CSCL) and the United Arab Shipping … Continue reading

 
Los Angeles Port 4
 

August cargo volumes at Port of Los Angeles highest since 2010


Container traffic at the Port of Los Angeles last month reached its highest level in four years, according to monthly cargo volumes released by the port Monday. Imports and exports at the port totaled 757,702 TEUs, a 6.7% increase from … Continue reading

 
Indonesian thermal coal
 

Indonesian thermal coal: Indian buying supports certain grades


Indian thermal coal buying supported prices for specific grades of Indonesian thermal coal, but further gains were capped due to the uncertainty surrounding the implementation of the Indonesian export license rule, sources said Monday. Platts assessed the price of FOB … Continue reading

 
iran oil--621x414
 

Iran’s oil exports stands at 1.2 million barrels, official says


Iran oilWhen the current administration took the office, Tehran’s oil exports dropped to 700,000-800,000 barrels from the previous figure of 1.3 million barrels, Iran’s Fars news agency quoted an unnamed source at the country’s Oil Ministry as saying. “But the … Continue reading

 
Iron ore imports
 

Iron Ore Rebound Seen by Morgan Stanley as Vale Sees $100


Iron ore is heading for an end-of-year rally as some high-cost supplies are closed and steel demand picks up, according to Morgan Stanley, which said prices may first extend losses by a few more dollars before rebounding. The steel-making raw … Continue reading

 
S.Korea's Iran crude oil imports
 

S.Korea’s Iran oil imports double in Aug, but down for Jan-August


South Korea’s imports of Iranian crude doubled in August from a year ago but fell 8 percent in the first eight months year-on-year, reflecting moves by the world’s fifth-largest crude oil importer to navigate terms of sanctions reliefs. Preliminary customs … Continue reading

 
Conclave-2014
 

More Industry Stalwarts confirm to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”, a one day conference on Oct 6th, 2014 at Holiday Inn, Andheri (East) Mumbai.


The list of speakers at “The Shipping Tribune Conclave 2014” has few more well known names from the shipping industry such as Dr. Sanjay Bhavnani, Director & Chief Operating Officer, MMS Maritime (India) PVT. LTD., Capt. Vinod Naveen, Director, Euro Tech … Continue reading

 
CMMi
 

“We depend upon the professional ability, competence and dedication of the seafarers on board”: Mr. Gautam Chatterjee


The First Annual Seminar of The Navi Mumbai Chapter of The Company of Master Mariners of India was organized on 13th September 2014 at the IMEI.  At this occasion “ DGS Report on Shipping Casualities 2011-13”, compiled by the special … Continue reading

 
Seafarers of Indian
 

Income-tax smooth sailing for seafarers on Indian flag vessels


Better days are ahead for some 50,000 seafarers working on Indian flag ships, as the Government has agreed to change the norms of calculation of income-tax for them. The new structure, once in place, will help seafarers posted on Indian … Continue reading

 
Shipping waters
 

Shipping still in choppy waters


It’s not often the shipping sector gets much attention from the British media, let alone from investment and personal finance outlets. Given that merchant shipping still facilitates 90 per cent of international trade, using approximately 102,000 commercial ships worldwide, that … Continue reading

 
 
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