Indian Ports to Improve Operational Efficiency
Union Minister of Shipping, Road Transport & Highways Shri Nitin Gadkari has said that the decline observed in the performance of Major Ports from 2008 to 2014 has…
Baltic Dry Index rises 17% in Sept
Sparking speculation that a recovery in commodities could be around the corner, the Baltic Dry Index, a measure of shipping costs for commodities, has risen 17.5 per cent since September 15…
VLCC Tankers on the Upside on Stronger Demand
The VLCC market continued to strengthen this week with sentiment supported by both stronger demand and expectations for the October Middle East and West Africa programs…
SE Asia Accounts for More than Half of the World’s Piracy Attacks
At present more than half of the world’s piracy attacks are occurring in South East Asia, says he latest International Maritime Bureau (IMB) incident report. Piracy in the Gulf of Aden…
First Gen Set to Build LNG Terminal
First Gen Corp. hopes to secure a partner for its planned $1-billion liquefied natural gas (LNG) import terminal in Batangas this year as the company gears up for…
