Category Archives: Local News

Coal stocks at key Indian ports rise 4.7% to 11.19 mil mt: Interocean

Coal stocks at 16 major Indian ports were at 11.19 million mt as of September 26, up 4.7% from a week ago, according to data released late Friday by Indian ship broker Interocean. Of this, thermal coal accounted for 8.71 … Continue reading

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Conclave Receiving Massive Response, Participation From All Corners of The Country and Other Maritime Nations

It is said that, success isn’t just about what you accomplish in your life, its about what you inspire others to do. This is what precisely what our stalwarts from the Shipping Industry have done. Today, it is estimated that … Continue reading

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India’s coal imports to jump 60-65 mln T/yr after court scraps concessions

India’s annual coal imports could jump by as much as a third to more than 200 million tonnes for the next few years as a result of a court ruling this week that will halt mining of the resource by … Continue reading

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Mr. Sanjeev S. Vakil to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”

The Shipping Tribune is pleased to announce that Mr. Sanjeev S. Vakil, C.E.O, Hindustan Institute of Maritime Training, will be addressing at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control” a one day conference … Continue reading

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Policy Boost for Coastal Shipping : Govt. Announces Policy Guidelines on Priority Berthing and Incentives for Modal Shifting

The share of coastal shipping in India is low when compared with Europe and other nations in Asia where it has flourished due to focused policy interventions. The Narendra Modi-led government is turning its attention to promoting coastal shipping, which … Continue reading

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India’s coal imports to jump 60-65 m.t. after court verdict

India’s annual coal imports could jump by as much as a third to more than 200 million tonnes for the next few years as a result of a court ruling this week that will halt mining of the resource by … Continue reading

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Capt. Satya Sahoo to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”

The Shipping Tribune is pleased to announce that Capt Satya Sahoo, Managing Director, Brukaan Ship and Offshore will be addressing at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control” a one day conference on Oct … Continue reading

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India: Govt set for unified licensing of cargo handling agents

Casting aside objections from stevedores and shore-handling agents, the shipping ministry will frame rules to issue a unified permit to cargo-handlers at non-mechanized berths at ports owned by the Union government. Besides allowing private firms to set up cargo terminals, … Continue reading

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Dr. B. K. Saxena to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”

The Shipping Tribune is pleased to announce that Dr. Brijendra K. Saxena, Principal of Tolani Maritime Institute, will be addressing  at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control” a one day conference on Oct … Continue reading

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Worldscale shipping rates for India’s Chennai to rise: Worldscale Association

Worldscale rates for loading and discharging in the Indian port of Chennai, or Madras, are being raised, the Worldscale Association said Wednesday. “Due to increased port tariffs effective October 1, 2014 the Associations find it necessary to revise rates involving … Continue reading

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India’s Articles of Iron or Steel exports dips in August

India’s Articles of Iron or Steel exports in August plunged 4.46% compared to July. The export has fallen to $587.33 M, according to InfodriveIndia.com. According to Pradeep, Chief Research Associate of InfodriveIndia.com, compared to July 2014, a decrease of $587.33 … Continue reading

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Mr Deepak Shetty, Joint DG of Shipping addresses WISTA India at AGM

WISTA India conducted its second AGM on the 19th of September 2014, at the conference hall of the Narottam Morarjee Institute in Mumbai. The AGM was attended by 23 members of WISTA, and was presided over by WISTA India President, … Continue reading

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Capt. B.B. Sinha to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”

The Shipping Tribune is pleased to announce that Capt. B.B. Sinha, Director (Personnel & Administration),The Shipping Corporation of India Ltd., will be addressing  at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control” a one … Continue reading

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Capt. Vinay Singh to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”

The Shipping Tribune is pleased to announce that Capt. Vinay Singh, Director of Anglo- Eastern Ship Management (India), heads the largest crewing operation from India, will be addressing  at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training … Continue reading

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India: Govt likely to extend shipping subsidy period

Uncertainty over the fate of subsidy payments for shipbuilders such as Pipavav Defence and Offshore Engineering Co. Ltd, ABG Shipyard Ltd and Bharati Shipyard Ltd could lift soon, with the government looking to extend the payment timeline for a scheme … Continue reading

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Indian thermal coal: Indian inquiries rise as monsoon season ends

Imported lower to mid-CV thermal coal saw a rise in inquiries from Indian buyers, while not much activity was seen for higher CV coal, sources said Monday. Sources said the buying interest has picked up as India’s monsoon season has … Continue reading

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Andrew Varney to speak at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control”

The Shipping Tribune is pleased to announce that Mr. Andrew Varney, Managing Director of Port2Port Maritime, will be addressing  at “The Shipping Tribune Conclave 2014: Facing the Challenges in Manning, Training and Piracy Control” a one day conference on Oct 6th, … Continue reading

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India: Kolkata port reverses decision on LNG facility

The Kolkata port trust has reversed its decision taken in November to allow a Hiranandani Group company to set up a gas storage and re-gasification unit on a nomination basis, after the Union shipping ministry advised in late August that … Continue reading

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India: The big fight for port cargo

The controversy over the functioning of stevedores and on-shore cargo-handling agents who load and unload bulk cargo onto and from ships at the non-mechanized berths at the 12 ports owned by the Indian government is primarily the outcome of a … Continue reading

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India ships in 50 pct more Iranian oil in Jan-Aug -trade

Indian imports of Iranian oil rose by nearly half to 271,000 barrels per day (bpd) in January-August from a year ago, when refineries cut purchases due to worries about insurance coverage for processing crude from Tehran, data from trade sources … Continue reading

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IRClass Academy Highlights Impact of Upcoming Regulations on Wreck Removal

The Nairobi International Convention on wreck removal was ratified by India recently and will be enforceable from April next year. This will place financial responsibility for the removal of certain hazardous wrecks on shipowners. Acknowledging this change, the IRClass Academy … Continue reading

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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

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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

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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

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