Technology group Wärtsilä will supply replacement engines for two inland waterway tug pusher vessels operating in Paraguayan rivers. The vessels are owned by ADM Naviera Chaco (ADM). The vessel modifications and new engine installations will be carried out in Asuncion-Paraguay. The orders were booked by Wärtsilä in Q2 and Q4 2024. The new engines will…
DP World has set up women-led shifts at its warehouse operations in Gujarat and Rajasthan with plans to broaden this initiative to its facilities in Bihar and Uttar Pradesh. The leading global provider of smart end-to-end supply chain solutions launched the pilot project last year with an all -women shift at its sorting facility in…
Our scriptures clearly state that the cycle of life and death is the rule of nature. What is created will be destroyed. That is the universal truth. However, once in a while, when the reality of ‘universal truth’ hits, one can’t help, but look heavenwards and scream ‘WHY?? WHY him? Yes, we know that GOD…
India’s Oil and Natural Gas Corp is seeking joint venture partners to build very large Ethane carriers (VLEC’s) to ship feedstock for its petrochemical plant in Western India. India’s ONGC is seeking joint venture partners to build very large ethane carriers (VLEC’s) to ship feedstock for its petrochemical plant in Western India. ONGC Petro additions…
Baltic Dry Index: 1228 (-34) Baltic Capesize Index: 1894 (-75) Baltic Panamax Index: 1000 (-24) Baltic Supramax Index: 868 (-8) Baltic Handysize Index: 549 (1) CAPESIZE The capsize market experienced a somewhat mixed day as the BCI 5TC fell by $617, settling at $15,711. On a positive note, it was encouraging to see all three…
The Indian Maritime University’s Navi Mumbai Campus recently hosted “ANGLOTHON”, a national-level English proficiency competition, on March 3. The event brought together talented maritime students from across India to showcase their language skills and compete for top honours. The day-long competition consisted of three exciting events: Debate, Quiz, and Just A Minute. These events aimed…
Jagdamba Prasad Pandey- The Green Shipping Conclave 2025 was officially inaugurated on 20th February by Mr Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO). The event, chaired by Mr Shantanu Thakur, Hon’ble Minister of State for the Ministry of Ports, Shipping, and Waterways, brings together industry leaders, policymakers, and experts to discuss innovation, cleaner…
A president (stating TARIFF as ‘lovely’ word has left trades at askance! Shipping being a derived demand of economic activities is perplexed about volumes and tonne-miles, after recent ownership and freight fluctuations exemplified by ship prices thrust by high freight rates in most sectors, segments and sizes indeed! Reality, as is that firm markets seldom…
