Category Archives: News

Shipping Corporation of India Receives New Supramax Bulk Carrier

Posted on November 6, 2011 by Editor

The Shipping Corporation of India (SCI) accepted delivery of a Supramax bulk carrier, m.v. Vishva Prerna, on November 1, Exim News Service reports. The vessel has gross tonnage of 33,185 tonnes and deadweight of 57,161 tonnes. It has been classed … Continue reading →

More Galleries | Leave a comment

Port of Liverpool tools up for future growth

Posted on November 6, 2011 by Editor

MUMBAI: Peel Port Mersey, the most centrally located UK Port has turned out to be one of the most important key international trade hub for the UK throughout history. Mentioning about the trade with India, Mr. Stephen Carr, Head of … Continue reading →

More Galleries | Leave a comment

ICC launch new probe

Posted on November 3, 2011 by Editor

3/11/2011 2:01 PM Sportal The ICC’s anti-corruption unit is set to launch an investigation into Pakistan’s 2010 Test matches against Australia in England. The investigation has been prompted by the emergence of incriminating text messages between player agent Mazhar Majeed … Continue reading →

More Galleries | Leave a comment

Cricket: Butt, Asif found guilty

Posted on November 3, 2011 by Editor

Former Pakistan Test captain Salman Butt and pace bowler Mohammad Asif face jail time after being found guilty of corruption. Butt was found guilty after standing trial at London’s Southwark Crown court on two charges of conspiracy to cheat and … Continue reading →

More Galleries | Leave a comment

Rio Tinto Aims to Double Shipments on Own Vessels in Four Years

Posted on November 3, 2011 by Editor

Rio Tinto Group, the world’s second- largest mining company, aims to almost double the amount of commodities shipped on vessels it owns or hires to get iron ore and coal to customers more quickly. Ocean freight haulage on ships it … Continue reading →

More Galleries | Leave a comment

Trans-Pacific Rates Rise First Time in Two Months

Posted on November 3, 2011 by Editor

Trans-Pacific spot rates rebounded this week off their 22-month low of last week, rising for the first time in two months, as measured by Drewry Shipping Consultants weekly benchmark. The Drewry benchmark rate for container shipments from Hong Kong to … Continue reading →

More Galleries | Leave a comment

Top 10 Countries in the Red

Posted on November 2, 2011 by Editor

What’s black and white, but mostly red all over? The current global economy. As the European Banking Authority struggles to support its indebted member nations and Wall Street searches for its fiscal sea legs in the wake of the global … Continue reading →

More Galleries | Leave a comment

India GDP growth to beat China by 2013: Ernst&Young

Posted on November 2, 2011 by Editor

With the Indian GDP slowing down and inflation rising, some may not believe the India Story, but by 2013, India could actually overtake China in terms of GDP growth. A report by Ernst& Young forecasts Indian GDP to be at … Continue reading →

Posted in Finance, General Blog, News | Leave a comment

Australia’s Newcastle coal shipments off 24% last week, vessel queue peaks

Posted on November 1, 2011 by Editor

The performance of the Hunter Valley supply chain for coal exports in New South Wales, slipped to an 11-week low in the seven-day period to 7 am Australian Eastern Daylight Time Monday (2000 GMT October 30) at 1.86 million mt … Continue reading →

Posted in Chartering, Dry Cargo, General Blog, News | Leave a comment

DP World wins third Seatrade Container Terminal Operator award in a row (NSICT bags the Environmental Protection Award)

Posted on October 30, 2011 by Editor

Source: dstnews UAE: DP World, UAE Region has won the prestigious Container Terminal Operator award for a third consecutive year at the annual Seatrade Middle East & Indian Subcontinent awards recently. Global port operator DP World was also the recipient … Continue reading →

More Galleries | Leave a comment