The shipping industry is one of the most fast-paced and ever-developing streams, which give rise to the facet of healthy competition among various shipping companies, vying for absolute operational superiority. 2012 has seen several noteworthy trends in the shipping domain, with several shipping line companies gaining forefront prominence. The liner fleet of these cargo…
In July last year President Boni Yayi of Benin sent a worried letter to the UN secretary-general. His country was being threatened by the activities of pirates, who were scaring shipping away from the ports on which his country’s revenues depend. He wanted international help of the kind which had been deployed against piracy…
Four are missing after a ship sank on Sunday in waters near south China’s Guangdong province. The Qingyuan-registered ship experienced an engine room flood that caused it to sink near the city of Yangjiang around 11 p.m. locally. The Nanhai Rescue Bureau of the Ministry of Transport dispatched a rescue ship about one hour…
A high-level meeting chaired jointly by Minister of Shipping G.K. Vasan and External Affairs Minister Salman Khurshid, supported by Secretary (Shipping) and Foreign Secretary and other senior officials, was held here to review the progress made in securing the release of Indian seafarers held hostage by the Somali pirates. The Shipping Minister as well…