February 15th, 20190Indian iron ore miner MSPL, part of the Baldota Group, has put its entire fleet of bulkers up for sale.
MSPL, via Singapore-based shipping arm MSPL Diamond, currently has four post-panamax Taizhou Sanfu-built sister vessels making up its fleet. In October 2018, Splash reported that Indus Fortune and Indus Prosperity were circulated by...
February 12th, 20190India is easing its cabotage rules to help develop connections across the giant country and with its neighbours. Today Denmark’s Maersk Line will move 16 containers along the River Ganges for the first time from Varanasi to Kolkata.
India has been spending huge amounts of money to make the 1,390 km long Ganges more navigable to...
February 1st, 20190Danish shipowner and operator Dampskibsselskabet NORDEN has signed a 10-year contract of affreightment with utility firm Sembcorp Energy India.
Commencing April 1, Norden will carry out the transportation of steam coal in panamaxes totalling 12 million tonnes over the ten-year period. It will use both owned and chartered in vessels to...
January 28th, 20190India’s Seven Islands Shipping has forked out $8.5m to acquire Torm’s 2002-built MR2 tanker , according to Seasure Shipbroking and Advanced Shipping & Trading.
The vessel featured prominently across maritime media recently, days after Splash first reported that Singapore trust FSL Trust had arrested it in Taiwan.
Torm...
January 24th, 20190UAE-headquartered offshore driller Shelf Drilling has ben awarded a three-year contract for jackup rig by India’s Oil and Natural Gas Corporation.
The contract is scheduled to commence in the second quarter of 2019, and will see the 1978-built rig operating in the Mumbai High, offshore India.
Listed in Oslo, Shelf Drilling has a...
January 21st, 20190India’s Great Eastern Shipping Company has announced the sale of 1994-built VLGC to an unnamed buyer.
Great Eastern did not reveal the value of the sale, although MSI values the vessel at .
The Japanese built gas carrier has been on long-term charter to Bharat Petroleum, and is scheduled for delivery in the first half of the...
January 15th, 20190Indian offshore engineering firm L&T Hydrocarbon Engineering, in consortium with Subsea 7, has been awarded yet another EPCI project by Saudi Aramco.
The award consists of engineering, procurement, construction and installation (EPCI) of three oil production deck manifolds and subsea pipelines at the Zuluf and Berri fields.
It...
January 14th, 20191A campaign has been launched on change.org to put pressure on Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, to intervene in a horrific case of crew abandonment involving crews on five ships belonging to a local shipping company.
Justice Upheld, a UK charity, has launched the online campaign with the backing of the 40...
January 8th, 20190India is now operating its first overseas port. The government revealed yesterday it has finally taken over operations of part of Iran’s Chabahar port, a trilateral development many years in the pipeline, which also involves Afghanistan.
"The Government of India took over the operations of a part of Shahid Beheshti Port, Chabahar,...
January 3rd, 20190Indian tanker player Sanmar Shipping is listed by brokers as the taker of the 2002-built, 47,000 dwt for $8.2m, a ship first reported sold last month.
The same ship was sold in 2017 to Japanese interests in a sale and leaseback deal by US listed Ardmore.
Last month Sanmar also bought the 3,400 dwt Toli tanker for $5m.
Sanmar started...
