The Day of Reckoning has arrived for China

'The fatal mistake for the USSR was the invasion of Afghanistan.' 'Quite possibly the fatal mistake for the Chinese empire is the assault on Ladakh,' observes Rajeev Srinivasan. IMAGE: Prabhjot......

Has navy inducted INS Khanderi with several defects?

There were 35 defects that still remained to be resolved.Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being......

Ahoy! Riding the waves with pride

The Indian Navy showcased its might off the Bay of Bengal when it held the second edition of the International Fleet Review last week. Vipin Vijayan/Rediff.com, who was on board INS Sunayna for the......

Indian Navy to get 'Teg' next year

Russia on Thursday commenced sea trials of the India Navy's first of the three advanced stealth frigates in the Baltic Sea and the first of these warships will be delivered by early next year. Teg,......

Another coronavirus fallout: India's shipping business

'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' Anil Devli, chief executive officer (CEO)......

Shipping freight market defies ongoing trade war

Huge demand for dry bulk commodities such as iron ore, coal, and grain has helped the Index touch a five year high recently. The ongoing trade war between the US and China, coupled with slowing......

Shipping industry seeks modernisation fund

The cyclical shipping industry continue to sail on rough sea with average monthly freight rates across major asset types continue to be lower on year on year basis. Weak freight rates are largely......

Baltic rises, but leaves shipping stocks dry

While the stock markets across the world have fallen on the back of the credit crisis in Greece and its contagion effect, shipping rates for dry bulk carriers have firmed up since the development.......