The development of the ethane transport market has been quite dynamic for some time in Europe, but the trend in Asia has been somewhat more measured. This week’s commitment by Reliance Industries to a project to import 1.5m tonnes of ethane to...
The world of container shipping is not an easy business to make money in by anyone’s standards, but for what can be characterised as “national lines” the modern day landscape has been especially tough.
India’s largest shipowner Shipping Corporation of India (SCI) is considering a gradual reduction of exposure to its loss-making international container service.
Eight months after they were arrested the charges against crew of AdvanFort’s Seaman Guard Ohio accused of illegally possessing weapons in Indian waters have been quashed by the High Court in Chennai, however, a charge of illegal bunkering against...
Philippines-based port operator International Container Terminal Services Inc (ICTSI) has parted ways with India’s L&T Shipbuilding after they signed a contract in 2011 initially aimed at developing a container terminal at Tamil Nadu port.
CMA CGM has sealed a deal with India’s Adani Ports and Special Economic Zone (APSEZ) to develop a new container terminal at Mundra port, marking CMA CGM’s first port investment in India.
Buoyed by Narendra Modi's runaway victory in the general elections, the Indian shipbreaking industry is in a euphoric state, and is expecting business to boom, even though the monsoon that ruins the beaching tides pattern is just around the corner.
Adani Ports and Special Economic Zone (APSEZ) has executed a definitive agreement with the Larsen & Toubro subsidiary, L&T Infrastructure Development Projects Ltd and Tata Steel to acquire 100% stake in Dhamra Port Co at an enterprise value of...