India is the largest importer of DAP globally, pulling in an average of 5.65mn t/yr over the past five years. During the past year, poor import economics and a competitive import market have led to the substantial erosion of DAP inventories, which currently sit well below historically comfortable levels. This has introduced significant DAP pricing…
– Marex Media “Disclaimer” The reported fixtures and Sale and Purchase deals are obtained from market sources. All information supplied in this report is supplied in good faith, I do not accept responsibility for any errors and omissions arising from this report and cannot be held responsible for any action taken, or losses incurred, as…
The Indian shipping industry plays a crucial role in the country’s economic growth, facilitating nearly 95% of India’s trade by volume and 70% by value. However, it is also a significant contributor to carbon emissions, given the reliance on fossil fuels for propulsion. As the global maritime sector moves toward greener alternatives, the question arises:…
Pratik Bijlani – On February 28th, Campbell Shipping hosted its much-anticipated annual seminar at The Club in Mumbai. Renowned for its expertise in technical and commercial management within the dry bulk shipping industry, Campbell Shipping has consistently upheld its legacy since its establishment in 1940 by Scottish naval architect Mr George T Campbell. Headquartered in…
Pratik Bijlani – The Grand Finale of the 62nd National Maritime Day Celebrations was held on April 5 at the Bharat Ratnam Mega Common Facilitation Centre in Mumbai. This event marked the culmination of the Merchant Navy Week celebrations that ran from March 30 to April 5, organized by the National Maritime Day (Central) Committee…
The 62nd National Maritime Day (NMD) celebrations were held in grand style at The Park Hotel in Kerala, on April 6. The event brought together 150 Merchant Navy officers and their families to commemorate India’s rich maritime heritage and honor the contributions of seafarers to the nation’s economy and global trade. Capt Daniel Joseph, Deputy…
Pratik Bijlani – On April 4, the Indian Register of Shipping (IRS) commemorated a landmark moment in its journey with the celebration of its “Foundation Day 2025” at their premises in Mumbai. This event also marked the beginning of a year-long Golden Jubilee celebration, honouring 50 years of IRS’s unwavering commitment to maritime safety, innovation,…
The statement that 90 per cent of global trade by volumes moves by sea is an oft repeated statistic, and now has begun to sound hollow, despite being truthful! That there needs to be an international convention in the 21st century (MLC 2006) spelling out the rights of the professionals who moved an astounding 12.3…
Delphine Estibeiro – On 9th April, Ms Elpi Petraki, President of WISTA International, addressed the WISTA International ExCo conference, emphasizing the organization’s mission to promote diversity and inclusion in the shipping industry. With over 26 years of experience in the industry, Ms Petraki highlighted the importance of collaboration and collective effort in overcoming challenges and…
CAPT S PULLAT – Thou art so vast, a seventieth Her surface Our boat so tiny, a speckle on thine manes Smooth, becalm, spouts, bursts Rain, snow, sleet, hailstones Cumulus, stratus, nimbus, cirrus Scattered blue, rainbow, corona, halos Fog, mist, haze, mirage, Elmos’ fire, twilight Celtic flash, bioluminescence, starry nights Tides, races, bores, currents, upwelling…