Cyprus Shipping Condemns Piracy Crisis in GoG

The Cyprus Shipping Chamber (CSC) expressed its concern over the continuing piracy at the Gulf of Guinea, stressing that despite the efforts being made...

‘Silent Protest’ for The Release Of Stranded Seafarers

MUI plans to hold a silent protest before the Chinese embassy here to press for early release of stuck Indian seafarers on stranded...

IMO Denounces “No Crew Change” Clauses in Charterparties

IMO secretary-general Kitack Lim, in an IMO release, has spoken out against ’no crew change’ clauses in charter parties. He has pointed out that such...

Women Had Quite A Part To Play in Ancient Sea Trade

Mandira Nayar in an article published in 'The week' magazine reveals fascinating ancient facts about how Mughal merchants, especially women and their contribution towards...

Asia’s LNG Markets To Grow At A Slow Pace in 2021

The LNG market enters 2021 with reports of a South Korean company planning to use LNG-cooled warehouses for bulk storage of COVID-19 vaccines as...

Drewry Highlights the Impact of Congestion on Port Industry

Drewry has published a report to demystify the current situation of port congestions and explore its possible impact on the port sector valuation. Supply chains...

Why US Goods-Trade Deficit Widened Ahead of 2020 Holiday Season?

The US trade deficit in goods widened 5.5% year on year to a new record in November at $84.82 billion as a lack of...

Meteoric Rise of Bitcoin To $34,000 in Short Span of Time

Bitcoin climbed above $34,000 (Rs4.57 million) for the first time on Sunday. It extends a record-breaking rally in the volatile cryptocurrency that delivered...

Cargo Shipper Files For A $100 Million US IPO

ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to...

Two Oldest Royal Caribbean Cruise Ships Sold To a Start-up

One week after Royal Caribbean International announced in a press release that the Empress and Majesty of the Seas will leave the fleet, Waterways...