China Adopts Maritime Code with ASEAN
Foreign ministers of Southeast Asia and China adopted on Sunday a negotiating framework for a code of conduct (COC) in the South China Sea, Reuters reported. The…
Liberty House Eyes ABG Shipyard
UK-based global metals and engineering firm controlled by billionaire Sanjeev Gupta Liberty House Group is planning to buy-out India's debt-laden ABG Shipyard. According…
Dock Workers Injured in Chemical Spill at Port of Long Beach
Twelve people, including one firefighter, sustained minor to mild injuries after a container ship leaked a hazardous material in the Port of Long Beach in Southern California, WSJ reported.
Suez Canal, the Fastest Maritime Corridor
Egypt's Suez Canal has maintained its classification as the most important and fastest maritime shipping corridor despite the economic challenges faced by the world in 2015 and 2016…
New Route for Container Trains in UTLC Services
In connection with the increased cargo transportation by accelerated container trains en route China/ Europe/ China, UTLC JSC jointly with Belintertrans-Germany LLC…
IOC to Acquire 50% Stake in Mundra Terminal
India's state-owned Indian Oil Corporation Ltd. on Friday said it will acquire up to 50 percent stake in Adani Group-backed Gujarat State Petroleum Corp (GSPC) Mundra…
Iran's Chabahar Port will Start by 2018
The Indian Minister for Shipping Nitin Gadkari has said that the government is keen on developing Chabahar Port in Iran and is hopeful of starting operations by 2018.
