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…
The recent public spat between former U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky has raised concerns about its potential repercussions on the global shipping industry. This diplomatic rift, marked by a heated exchange in the Oval Office, could have far-reaching implications for international trade routes, shipping costs, and geopolitical stability. On February 28,…
The ship-breaking market size was valued at US$3.98 billion in 2023. The market is projected to grow from US$4.08 billion to US$ 7.64 billion by 2032, exhibiting a compounded annual growth rate of 82% during the forecast period. Ship-breaking refers to the dismantling of a ship after its estimated end of life. Based on the…
The Maritime and Logistics Conclave 2025, held on February 28 at the Jio World Convention Centre, brought together industry leaders to envision India’s roadmap towards a Viksit Bharat (Developed India) by 2047. The conclave, organized by the Container Freight Station Association of India (CFSAI) and the National Association of Container Freight Stations (NACFS), focused on…
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…
Maren Moxom, Chief Financial Officer of the Wallem Group, is delighted to share her story and experiences with the maritime community. Having joined the company in 2020, she has brought a wealth of expertise from her previous roles with global companies such as Schneider Electric and Raytheon, where she worked in engineering and environments. As…
Pratik Bijlani – On February 8th, ATPI and Qatar Airways joined forces to host a sophisticated soiree at the esteemed Gallops Restaurant, nestled within the scenic Mahalaxmi Racecourse in Mumbai. As guests mingled and forged new relationships, the event served as a testament to ATPI’s ongoing commitment to innovation and growth, marking a notable milestone…