Currently, India recycles around 300 of the 1,000 ships which are demolished per annum globally. However, countries like Japan, Europe and the US were not sending their ships for recycling to India in the absence of ratification of a global convention. That scenario is set to change with the Recycling of Ships Act, 2019.
A Chinese vessel was hijacked by pirates in the Gulf of Oman on Friday. The cargo ship belonging to a Nanjing company was hijacked at about 9:30 am local time (1030 IST) in the Sea of Oman near the Iranian port Chabahar, state-run Xinhua news agency reported.
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 tonne miles going up.
A merchant vessel, with around 20 Indian crew, was hit by a suspected drone about 217 nautical miles off the Porbandar coast in the Arabian Sea on Saturday but there was no report of any casualties in the incident, Indian military sources and a maritime security agency said.
Most of India's oil supplies are expected to stay safe because of the country's good relations with both Russia and Iran. That would take care of over a third of India's supplies.
Chitranganee Wagiswara, Sri Lanka's high commissioner to Canada, has claimed that the arrival of 492 Sri Lankan Tamils aboard the cargo ship MV Sun Sea is a 'human smuggling operation with links to the Liberation Tigers of Tamil Eelam.'
Describing as 'significant' the impact of the oil spill caused by collision between two cargo ships off Mumbai coast, Environment and Forest Jairam Ramesh on Saturday said the Centre is in the process of assessing the extent of ecological damage.
The winners of Pink Lady Food Photographer of the Year 2024 have been revealed.
The AFI official said that Air India refused to carry three poles measuring 5m each to be used by the two athletes, on the ground of some "technical issues" concerning prescribed length of the items.
Gurjit Singh, working on the 480-foot Tatiana L, a freighter from Cyprus, fell off the cargo ship after it left Port Everglades in Florida on Tuesday night.\n\n
Ministry of External Affairs (MEA) Spokesperson Anurag Srivastava said Indian bulk cargo vessel MV Jag Anand has been on anchorage near Jingtang port in Hebei province of China since June 13 and it has 23 Indian sailors.
A foreign cargo ship, which collided with another vessel about 10 km off Mumbai harbour, tilted further spilling oil for the third day as Navy and Coast Guard made hectic efforts to contain the leak.
After 10 months of captivity by Somali pirates, six Indian sailors of Egypt-owned cargo ship MV Suez reached New Delhi on Friday.
The ship, carrying hazardous cargo, caught fire near the Prongs Reef Lighthouse in South Mumbai on Sunday.
Goa's Congress legislator Agnelo Fernandes and 200 others were arrested on Monday after they marched in protest towards the Republic Day celebration in the city. The legislator was protesting under banner of River Princess Hatao Manch demanding removal of a huge cargo ship which has run aground on north Goa's Candolim shore.
'If attacks escalate, there is a risk the Suez Canal may be closed.'
"MSC Chitra has tilted 80 degrees and the total oil spill is nearly 50 tons, Arun Singh, Commandant (Operations), Coast Guard told PTI.
The government will chart out a plan for the evacuation of seafarers stuck on international waters amid the Covid-19 pandemic, Union Minister Mansukh L Mandaviya has said. Thousands of Indian seafarers are currently stuck aboard cruise ships and cargo vessels in far off waters, and maritime bodies have been demanding from the government strategies for bringing them home fearing that delays might result in disruption in supply chain.
'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'
'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?''
The M T Stolt Valor, which had been hijacked by Somali pirates in the Gulf of Aden in September, has been released, according to the National Union of Seafarers of India. There were 18 Indian soldiers on board the hijacked ship. Initial reports said that ransom was paid to the pirates by the Japanese owners Stolt Tankers. Reports said that all crew members on board are safe. The ship has left for Mumbai and will reach in three to four days.
India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.
Shipping: Policy to increase India flagged tonnage soon
All covers have a war exclusion clause. For cargo, shipping, and aviation industries, war schemes are available.
'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
'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,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).
The Indian Navy has deployed task groups comprising frontline destroyers and frigates in the central and north Arabian Sea and augmented its force levels in the region to undertake maritime security operations in view of recent attacks on commercial vessels in key shipping lanes.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
The court also imposed a fine of Rs 1 lakh each on the six persons sentenced to 20-year imprisonment, out of the eight crew members who were on board the merchant vessel 'Henry'.
A ship carrying aid for victims of war ravaged Sri Lanka, which had anchored off Chennai for more than a fortnight, has been permitted to berth at the Chennai port.
Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former's attack on Hamas, causing shortages and pushing consumer durables companies to increase prices. Companies have planned increases but some are yet to decide on the extent of the increase.
The Karachi-bound cargo vessel from Bangladesh carrying military hardware and explosives was kept cordoned off on Saturday at Diamond Harbour in South 24 Parganas district with the captain disembarked and taken for questioning.
Adheeb had reached India on Thursday via sea route but was denied entry as he did not possess any valid document.
Oil tanker MT Heroic Idun and its 26 crew members, including 16 Indians, were in detention since August last year.
The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.
A British merchant ship, which set sail from Calcutta (Kolkata) in December 1940 but was sunk by a German U-boat before she could reach home with her cargo of 70 lakh ounces of silver (1 ounce = 28.3495231 gm) among other things, has been discovered.
Iqbal wanted to land the smuggled goods by helicopter on the Andaman Islands. DK asked, 'Iqbal, a helicopter will bring the consignment to the island, drop it there and then return. Won't radars detect it?' 'No.' 'How?' 'Radars can't detect aircraft that fly at a low altitude. Our helicopter, after entering India's air space, will dive and fly at four feet above the sea level.' 'For that, I have a German pilot in mind. He was an ace aviator in the last world war.' An enthralling excerpt from Aabid Surti's Sufi: The Invisible Man Of The Underground.
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