Terror on high seas, now a major worry for ship owners
Plummeting freight rates and shrinking cargo as a result of the global financial meltdown are not the only issues presently gnawing at shipping companies. The recent flare-up of terror on high seas, off the coast of Somalia, has become a sharper concern for ship owners.
Even after the Indian seafarers aboard Stolt Valor, which was hijacked [...]
Shipping insurance costs may double due to rise in piracy
insurance-premiums-for-ships
The escalation of piracy activities off the coast of Somalia is threatening to greatly increase insurance costs for ships sailing along the Gulf of Aden, said insurance and maritime experts.
The more than 10-fold increase in insurance premiums witnessed on the same route this year is likely to increase by another 60 per cent in December, [...]
Shipbreaking set for healthy turnaround amidst gloom
cargo
Amidst the all pervading recessionary trends, at least one segment of maritime industry is jubilant. Shipbreaking industry, Indian or global, is
up and going and is expected to post a remarkable turnaround this fiscal. The turnaround is more pronounced in the case of India, where it had been in doldrums during the last couple of years. [...]
“Go to sea!” campaign launched at IMO to attract entrants to the shipping industry
imo
A campaign to address the global shortage of seafarers, especially officers, which threatens the very future of the international shipping industry, has been launched by the International Maritime Organization (IMO) in association with the International Labour Organization, the “Round Table” of shipping [...]
Crew shortage — a distress signal for shipping
crew-shortage
Reports have it that Gateway Terminals India Pvt Ltd (GTI), the APM Terminals-Concor joint venture that owns and operates a modern container terminal at Jawaharlal Nehru port, recently announced the launching of its Talent Development Centre on its campus.
Equipped with state-of-the-art training facility, the training centre, the reports suggest, is to provide hands-on experience of [...]
Port and Ship International India - 2008
From: October 23rd, 2008
To: October 25th, 2008
Location: Bombay Exhibition Centre, Goregaon, Mumbai
Port & Ship International India 2008 (PSI) is an international exhibition and conference on shipping and shipbuilding, ship technology, maintenance and repair, ocean engineering, marine offshore technology, port and terminal technology and equipment, and infrastructure expansion and modernization. PSI is the most [...]
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