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January 31, 2024
A proposal in the works will allow shipping entities to secure earlier financial access from commercial banks with long-term repayment periods at low interest rates
January 4, 2024
A local protection and indemnity entity supported by the government may turn out cheaper for shipping lines that currently depend on foreign entities
July 18, 2023
The minister highlighted that the nation is on the cusp of a significant economic upswing that has the potential to create employment opportunities for over 15 lakh young individuals in India, , Blue Economy, Sarbananda Sonowal
March 4, 2022
The impact of the ongoing Russia-Ukraine conflict will be more pronounced in areas like bilateral trade, insurance rates and availability of specialised crew, experts noted.
October 7, 2021
The Maritime Anti-Corruption Network (MACN), the Indian National Shipowners Association (INSA), and the UN Global Compact Networks in India, Pakistan, and Bangladesh have announced the launch of a new regional maritime anti-corruption Collective Action Initiative. The project, which is supported by the Siemens Integrity Initiative, will enable MACN to expand its Collective Action methodology to ...
October 6, 2021
[By: MACN] The Maritime Anti-Corruption Network (MACN), the Indian National Shipowners Associatio...
October 5, 2021
The Maritime Anti-Corruption Network (MACN) has is new regional maritime anti-corruption Collective Action Initiative in India, Pakistan and Bangladesh.
May 6, 2021
Shipping players benefit from new biz apart from 10-year high Baltic Dry With Baltic Dry Index having hit 10-year high recently, Indian shipping companies are not just benefitting from high freight but also from increased trade with Bangladesh and Vietnam, industry experts said today. “Construction activity has picked up significantly in Bangladesh as the country is focusing on infrastructure growth. Due to this, Indian shipping companies are witnessing increased cargo volumes with a lot of b...
May 5, 2021
With Baltic Dry Index having hit 10-year high recently, Indian shipping companies are not just benefitting from high freight but also from increased trade with Bangladesh and Vietnam, industry experts said today. “Construction activity has picked up significantly in Bangladesh as the country is focusing on infrastructure growth. Due to this, Indian shipping companies are witnessing increased cargo volumes with a lot of bulk raw material getting shipped. This is going to be a long term trend...
January 28, 2021
Shipping industry seeks govt help to deal with piracy in Gulf of Guinea January 28, 2021 Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The Indian National Shipowners’ Association (INSA), the local shipping industry lobby group, has sought the government’s help to deal with pirate attacks in the Gulf of Guinea. Last week, pirates captured 15 seafarers and killed one off the Coast of Nigeria in the Gulf of Guinea. INSA has urged the government to...