shipping industry

New Delhi, March 18 The industry body, FFFAI, has sought government intervention to resolve issues arising after shipping lines' decision to impose war risk surcharges on shipments in the wake of the West Asia crisis.Shipping lines have started levying war risk surcharges (WRS) on cargo moving...

Mumbai, March 11 The government reviewed measures to strengthen maritime capabilities amid evolving global geopolitical and trade dynamics on Wednesday, and also held a high-level interaction with the National Shipping Board to address emerging challenges in the domestic shipping sector...

Mumbai, March 10 The Directorate General of Shipping, the regulatory body for the shipping sector, has advised shipping companies, vessel operators, and agents to refrain from "predatory, non-transparent, and opportunistic pricing practices" in the wake of disruptions caused by the conflict in...

New Delhi, March 3 As many as 37 Indian-flagged ships with over 1,000 seafarers are stranded in the Persian Gulf, the Gulf of Oman, and the adjoining sea areas due to the closure of the key shipping route through the Strait of Hormuz, caused by the ongoing military actions involving the United...

New Delhi, February 18 Cochin Shipyard has secured new shipbuilding orders worth approximately USD 360 million (around Rs 3,267 crore) from France-based CMA CGM Group to deliver six LNG-powered vessels.With this latest win, the company's total order book has reached around Rs 23,000 crore...