Jaldhi has been revealed as the buyer of a pair of Japanese MR tankers, sold by JX Ocean last month for a total of $30m. Brokers reported the sale of the two 2009-built 46,000 dwt MR tankers, and , last month. Lorentzen & Stemoco had identified the buyer as Danish owner Celsius, while other brokers...
India
Bahri targets Indian market opportunities
The importance attached by Saudi Arabian shipping giant, Bahri, to the exciting opportunities opening up in the Indian market was highlighted by its decision to celebrate Saudi Arabia’s 88th National Day with a special event in Mumbai. The company took the opportunity to present its range of maritime capabilities and innovatory solutions at the event to a range of local clients and diplomatic guests.
Abdullah Aldubaikhi, Bahri’s chief executive, said: “As a fast-growing economy, India is a key...
https://www.themaritimestandard.com/bahri-targets-indian-market-opportunities/
Young International Freight Forwarder Award enters its third decade with announcement of this year’s winner
(l to r) Thomas Sim, Chairman of FIATA’s ABVT Group; Award Winner Louis Perring, Hemisphere Freight (UK); Michael Yarwood of Sponsor, TT Club; Huxiang Zhao, immediate past President, FIATA
The FIATA award programme, exclusively sponsored by freight insurance specialist TT Club, was completed with the 2018 Winner, Louis Perring of Hemisphere Freight representing BIFA (UK), announced and presented with his award at the FIATA Annual Congress in New Delhi, India this week.
01 October, 2018 – The...
Cochin Shipyard to develop new ship repair facility
India’s Cochin Shipyard has entered into an MoU with Andaman & Nicobar Administration for the development of a new ship repair facility on the Andaman and Nicobar Islands in India. Under the MoU, Cochin Shipyard will be responsible for the operation and maintenance of the marine drydock at Port...
https://splash247.com/cochin-shipyard-to-develop-new-ship-repair-facility/
Indian govt to introduce a new port system
The Shipping Ministry is set to issue an order to make the port community system (PCS) mandatory for all Indian seaports, including public and private ports. The move is based on the recommendation of a 11-member panel set up at the behest of the Prime Minister’s Office (PMO) in May this year to promote ease of doing business.
The panel headed by R K Agarwal, joint secretary (ports) in the Shipping Ministry, also recommended that a legal framework needs to be explored under various laws...
http://container-news.com/indian-govt-introduce-port-system/
Höegh Autoliners Wins MALA’s ‘Shipping Line Of The Year – RoRo Operator’ Award In India
On 31 August, the All India’s 9th Maritime and Logistics Awards (MALA) was held in Mumbai. This premier event has carved a niche for itself as the definitive recognition of excellence in the Indian Maritime the Logistics sector.
Image Credits: hoeghautoliners.com
Höegh Autoliners was a proud recipient of the “Shipping Line of the Year – Ro Ro Operator” award for the fourth consecutive year.
Karolath Gopinath, Head of Sales India says, “We are honoured to have received the award for the fourth...
Dachser makes changes at the top as it strengthens Asia network
Germany-headquartered 3PL Dachser has bolstered its Asia network with the establishment of a new Far East South cluster and a parallel structure for the Indian subcontinent.
It has promoted Kevin Chen (pictured above) as managing director of Air & Sea Logistics Far East South, who will be responsible for 477 employees and eight locations across Hong Kong, Taiwan and South China.
Mr Chen was formerly managing director of Air & Sea Logistics …
The post Dachser makes changes at the top as it...
https://theloadstar.co.uk/dachser-makes-changes-top-strengthens-asia-network/
Aban Offshore awarded jackup contract
Indian offshore drilling contractor Aban Offshore has received a letter of award for the deployment of its jackup rig offshore Malaysia. The contract is for a period of one year, with six three-month extension options. The rig is set to commence operations during the fourth quarter of 2018. Aban...
https://splash247.com/aban-offshore-awarded-jackup-contract/
India State-Owned Garden Reach Shipbuilders IPO Shows Weak Response
Sept 26 (Reuters) – State-owned Garden Reach Shipbuilders & Engineers Ltd’s initial public offering (IPO) to raise up to 3.45 billion rupees ($47.45 million) received weak response from investors with only 67 percent of the shares on offer being subscribed on the closing day on Wednesday. Investors...
OSV crew abandoned in Dubai highlight their plight
Eight crew stranded onboard the 1992-built OSV have gone public with their plight, claiming their employers abandoned them in Dubai without pay ten months ago. European shipping database Equasis lists the Panama-flagged Topman as owned by Bhambhani Shipping and managed by Halani Shipping from...
https://splash247.com/osv-crew-abandoned-in-dubai-highlight-their-plight/