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Indian National Shipowners Association

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Collision off Mumbai not Khailijia's first blot

 For the MV Khailijia 3, one of the two ships which collided last Saturday off the coast of Mumbai, the track record does not read very well. In July, it was found that the ship had developed some......

Shipping cos gain as Baltic Dry index touches 10-year high

 Meanwhile, with China switching its trading partners due to geo-political iss­ues, increased trade with South Africa for bauxite and with the US for coal is also auguring well for vessels with......

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......

Shipowners seek service tax sops

 Facing an annual loss of a whopping Rs 300 crore (Rs 3 billion), shipowners have pleaded with the finance ministry to keep them out of service tax net and exempt them from withholding and fringe......

Foreign shipping firms anchor in India

 Indian shipping companies have started to flag out their vessels to foreign countries to avail of tax breaks. This comes at a time when a clutch of global shipping companies, including Oceanic......

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