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Nilam: 3 bodies believed to be of sailors washed ashore

As efforts continued for the third day to trace five missing crew of an oil tanker that ran aground off the city beach hours before cyclone 'Nilam' made landfall, three bodies, believed to be of......

Ship fire: 2 South Koreans granted bail

Two South Korean nationals were granted bail on Saturday by a local court in a case registered against them for criminal negligence for the fire on board Korean chemical tanker Royal Diamond 7, off......

S Korean sailor killed in tanker blaze off Mumbai port

A South Korean crew member of a Marshal Island-flagged tanker vessel was on Saturday killed and six others, including two foreigners, were injured when fire broke out on the ship following an......

Is it end of the line for South Asia's ship graveyards?

With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal from a typical iron ore or coal carrying......

CCEA okays divestment in Shipping Corporation

The government has approved sale of 10 per cent equity in Shipping Corporation of India. The biggest domestic shipping company would also raise 10 per cent additional equity to fund its expansion......

SCI may get nod for FPO next week

The Cabinet Committee on Economic Affairs is likely to approve the 20 per cent follow-on offer of Shipping Corporation of India next week, which may fetch close to Rs 1,400 crore (Rs 14 billion).......

SCI to buy 60 ships by 2015 for Rs 20,000 crore

State-owned Shipping Corporation of India (SCI) on Monday said it will acquire 60 vessels by March, 2015, entailing an investment of about Rs 20,000 crore (Rs 200 billion).The company also plans to......

Indian shipyards poised for $4.5bn inflow

Indian engineering and maritime groups have lined up an estimated Rs180bn ($4.5bn) to invest in new shipyards, opening up a front in the nation's competition with China to become a low-cost......
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GulfMark Offshore Takes Delivery of Arctic Class Platform Supply Vessel (PSV)

GlobeNewswire 2017-01-23 HOUSTON, Jan. 23, 2017 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. (NYSE:GLF) announced today that its Norway... ...

http://www.bizwireexpress.com/showstoryGNW.php?storyid=151987
Diana Shipping Inc. Announces Time Charter Contracts for m/v Los Angeles With SwissMarine and m/v Selina With BG Shipping

GlobeNewswire 2017-01-23 ATHENS, Greece, Jan. 23, 2017 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), (the Company), a global shipping... ...

http://www.bizwireexpress.com/showstoryGNW.php?storyid=151889
VLCC rates to slide as chartering slows ahead of Chinese holiday

21-01-2017 Freight rates for very large crude carriers (VLCCs) are likely to fall next week as charter activity from China slows ahead of the... ...

https://www.shippingtribune.com/newsdetails.php?s_id=4164
Reliance Defence and Engineering Ltd delivers Panamax Bulk Carrier to one of the largest International Shipping Company

Posted On: 2017-01-19 22:33:15 Reliance Defence and Engineering Limited has successfully delivered yet another 74,500 DWT new-built Ice-class... ...

http://www.equitybulls.com/admin/news2006/news_det.asp?id=199786
GE Shipping allots NCDs worth Rs 500 cr; shares gain 2%

The company's debenture issue committee has at its meeting held January 16, allotted 7.99% 5000 unsecured non-convertible debentures of face value... ...

http://www.moneycontrol.com/news/buzzing-stocks/ge-shipping-allots-ncds-worth-rs-500-cr-shares-gain-2_8299681.html

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