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Ship Sinks Off South China, 4 Crew Missing

  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…

Efforts to release Indian seafarers held hostage by Somali pirates

  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…

Local shipping industry eyes 20 percent growth in the next year

  The Indonesian National Shipowners Association (INSA) predicts that Indonesia will see around 20 percent growth in the shipping industry next year on the back of the country’s healthy economic performance. INSA chairwoman Carmelita Hartoto said that most local players, especially those involved in coal and offshore oil and gas, will add more vessels to…