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[By: MACN] The Maritime Anti-Corruption Network (MACN), the Indian National Shipowners Associatio...

The Maritime Anti-Corruption Network (MACN) has is new regional maritime anti-corruption Collective Action Initiative in India, Pakistan and Bangladesh.

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 bulk raw material getting shipped. This is going to be a long term trend as infrastructure push is ex...

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 as infrastructure push is expected to continue,” Captain Rahul Bhargava, chief operating officer ...

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 intervene in the matter at the highest level and take it to the United Nations Security Council (UN...