News Updates

Atul Ubale takes additional charge as SCI’s CMD
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Atul Ubale takes additional charge as SCI’s CMD

Shipping Corporation of India announced the cessation of HK Joshi as Chairperson and Managing Director of the company with effect..

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Anglo-Eastern acquires Cruise Management International and CMI Leisure Management
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Anglo-Eastern acquires Cruise Management International and CMI Leisure Management

Hong Kong’s Anglo-Eastern Ship Management, already the largest ship manager in the world, has stolen the march on its competitors..

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Facing Strong Headwinds
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Facing Strong Headwinds

The ship recycling market is facing strong headwinds, with prices tumbling down amid a currency meltdown. In its latest weekly..

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Shanghai Port Rebounds
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Shanghai Port Rebounds

Daily operations at Shanghai’s port have almost fully recovered from the effects of the city’s Covid-19 lockdown, though the backlog..

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Supply chain challenges continue to worsen
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Supply chain challenges continue to worsen

Supply chain challenges continue to worsen, exacerbated by higher levels of port congestion and shipping delays at ports in Shanghai..

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Oil prices rise to two-month highs
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Oil prices rise to two-month highs

Geopolitical risks fueled by Iran and US tensions reasserted itself after the former seized two Greek tankers, unsettling an already..

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EU’s ban on seaborne imports of Russian Oil to impact Russia by 75%
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EU’s ban on seaborne imports of Russian Oil to impact Russia by 75%

The European Council has agreed in principle to ban seaborne imports of oil from Russia, leaving a carve-out for pipeline..

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China shows strong resolve to increase domestic coal production
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China shows strong resolve to increase domestic coal production

Even though China’s reliance on coal-fired power is not seen falling anytime soon, indications from data and policy makers suggest..

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Ageing Tankers Employed in Illicit Trades
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Ageing Tankers Employed in Illicit Trades

Larger and ageing tankers have enjoyed a second lease of life through their employment in moving Iranian or Venezuelan barrels...

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