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Shipping Industry

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  • India to buy more second-hand vessels to raise container capacity

    Discussions were held after Indian goods exports fell for two consecutive months, with a 9.3% year-on-year fall in August, which traders blamed on rising shipping costs, a slowdown in China and recessionary trends in Europe and the United States

  • Budget may announce maritime development fund to promote shipbuilding: Report

    The Budget could also see the announcement of a green ship scheme under which the government plans to promote pollution-free hyderogen-based vessels on domestic waterways, according to the report

  • Container shipping industry to stay anchored for a while

    The holiday season may not result in the movement of goods between producing and consuming countries. The best-case scenario is that the season would help absorb inventory.

  • Net zero target for shipping industry could be set to 'flexible' mid-century deadline

    Most of the developing nations have been lobbying for the mid-century target — could be 2051, 2052 or 2053, insisting on not strictly fixing 2050 as the year for achieving net zero.

  • High LNG prices spur demand for dual-fuel tankers - executive

  • Threat of hard landing hangs over soaring shipping industry

  • Shipping delay muddies the waters for world trade

  • Suez Canal suspends traffic while efforts to dislodge ship continue

  • Coronavirus pandemic | Some Indian ports declare force majeure, could delay crude discharge: Sources

  • RIL raises $573 mn loan for 6 large ethane carriers

  • Shipping Corp earmarks Rs 900 crore to buy new vessels

  • Vessel oversupply crashed rates, Baltic Dry Index: SCI

    Speaking to CNBC-TV18, S Hajra, chairman and managing director of Shipping Corporation of India says that an oversupply of vessels is what hurt the Baltic Dry Index that tanked nearly 60% in one month.

  • Ship breakers cash in on shipping industry downturn: CRISIL

    CRISIL Ratings has come out with its report on shipping industry. According to the rating agency the global market share of India’s ship breakers is expected to grow to 40-45 per cent in the next two years from 35 per cent in 2010.

  • Shipping Corp eyes stake in Bharti, Pipavav & ABG shipyards

    Navratna public company, Shipping Corporation of India, is planning to buy stakes in shipyards like Bharti Shipyard and Pipavav Shipyard. In an interview with CNBC-TV18's Gautam Broker and Soniya Shenoy, S Hajra, chairman and managing director of Shipping Corporation of India spoke about the company's stake buying ventures.

  • Taxman fishing in deep seas?

    The taxman's revenue-seeking adventures might soon lead him to the deep seas, reports CNBC-TV18’s Ashwin Mohan.

  • Japan crisis has no significant impact on oil shipments

    Oil shipments to Japan have not been significantly affected by the country's devastating earthquake and subsequent nuclear crisis, a leading shipping industry group said on Wednesday.

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