Month: June 2010

Extra slow steaming (ESS) has created employment for almost 100 ships with a total capacity of 554,000 TEU as at the end of May according to Alphaliner. It has grown from only…

State-owned Shipping Corporation of India (SCI) said it would float global tenders for acquiring 30 ships by 2012 which is likely to entail a Rs 8,000 crore ($1.7 billion) investment.

Adani Enterprises, the flagship company of the Ahmedabad-based Adani Group in India, has placed orders for two new Capesize bulk carriers with South Korea’s Hanjin Heavy Industries for about Rs650 crore ($138…

The controversy over unofficial spare parts from a few years ago looks likely to reignite after the imprisonment of the managing director of a separator spares company.