‘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 cargo vessels at various Chinese ports. The government had said...

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 clauses contribute to the ongoing seafarer crew change crisis and...

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 ship trading. Empire Sketch Hazrat Nizamuddin Auliya’s dargah (mausoleum) road  was a...

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 conventional cold distribution chains could be stretched, reports . LNG in...

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 generally tend to be well orchestrated for moving goods across...

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 containers available for exporters contributed to an unequal growth rate...

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 a more than 300 per cent gain last year. With...

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 $100 million in an initial public offering, reports an article...

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 Leisure Tourism Pvt Ltd revealed the purchase of Empress of...

IoCurrents Joins KVH Watch Solution Partner Program

KVH Industries and ioCurrents join for real-time remote vessel analytics, says an article published in Riviera Maritime Media. The partnership IoCurrents, a leader in real-time remote vessel analytics, has joined KVH Watch Solution Partner program and...