April 23rd, 20180India’s Goa Shipyard is looking to list on a stock exchange through an initial public offering in one year, reports Times of India.
According to Shekhar Mittal, chairman and managing director of Goa Shipyard, the central government has not made any official decision regarding the IPO of the company. However, with a proven track...
April 23rd, 20180Two Chinese crew onboard to bulk carrier Feng Hui Hai died on Sunday and another is in a critical condition at a hospital in India after inhaling toxic gas from a cargo of coal.
The ship had arrived at Jamnagar port yesterday carrying coal from Indonesia. One crewmember went into the hold on Sunday and was hit by coal gas with another...
April 16th, 20180Shipwaves, India’s first online marketplace for ocean freight, is changing shipping on the sub-continent.
According to Athahar Mohammed, co-founder of Shipwaves, the company has ramped up the technology platform to offer full stack digital solutions to the ocean freight industry in less than three years since its launch in 2015. The...
April 3rd, 20180Indian shipowners are threatening a mass exodus from the national flag if cabotage rules are eased. Indian owners have long been able to make money from having a so-called first refusal on contracts from state owned firms such as utitilities, something New Delhi is considering removing.
The Indian National Shipowners Association...
April 3rd, 20180India’s Great Eastern Shipping has signed a contract to acquire a 2007-built very large gas carrier, its second gas ship acquisition in a week.
The 81,617 cu m vessel is expected to join the company’s fleet in the first quarter of 2019. Splash understands the vessel to be BP’s . BP has been having a significant clear out of its...
April 2nd, 20180Six LPG carriers belonging to Yudhishthir Khatau-led Varun Resources are to be auctioned, bringing a close to a dreadful chapter of crew abandonment that has shamed a once rising star of international shipping.
A court in Mumbai has ruled that bids can now be lodged for the Maharshi Devatreya, Maharshi Krishna Treya, Maharshi...
April 2nd, 20180India has blacklisted a number of UAE-based crew agents and shipping lines, which have abandoned crew over the last couple of years.
The companies named by India’s Directorate General of Shipping include Shah Al Arab Marine Agency, Enjaz, Azab, Sharjah Moon, Azwa and Alco Shipping Services.
"It has been reported to this...
March 28th, 20180India’s TCI Seaways has bought the 1,900 teu from Myanmar’s Continental Investment Holdings (CIH) for $6.2m, according to Alphaliner. The ship has been renamed TCI Express and is now flying the Indian flag.
The new ship is by some way the largest in the TCI Seaways fleet. Its other ships range in size from 167 to 1,116...
March 28th, 20180Apeejay Shipping, a shipping unit of India’s Apeejay Surrendra Group, has confirmed the acquisition of a secondhand 76,602 dwt panamax bulk carrier.
The 2005-built vessel Darya Uma, acquired from Hong Kong’s KC maritime, has been renamed and increases the company’s fleet to nine vessels with a total capacity of 594,558 dwt....
March 27th, 20180India’s Great Eastern Shipping has signed a contract to buy a secondhand 36,567 cu m gas carrier.
The 1996-built vessel is expected to join the company’s fleet in the first quarter of 2019.
Splash understands the ship to be LPG vessel , owned by Italian owner Carboflotta.
reat Eastern Shipping has a fleet of 47 vessels,...
