When the ‘Seven Seas Navigator’ called at New Mangalore port on December 8, 2023, it marked the start of a new cruise season that will continue until May. The New Mangalore Port Authority (NMPA) says it’s been a busy season for cruise tourism so far this year, although it is still nowhere near the pre-Covid … Read more
The $11-billion Japanese shipping major Mitsui OSK Lines (MOL) owns or operates over 800 vessels of all types, including oil and gas, dry bulk commodities, chemicals, and automobile freight carriers. Ajay Singh, a board member of the 140-year-old MOL, is based in Tokyo and responsible for the group’s businesses in the Indian subcontinent and West … Read more
The shipping fraternity in the Cochin Port is keeping their fingers crossed, over the decision of some international shipping lines, to introduce a new overweight surcharge (OWS) effective from February 7. Also read:Cochin Shipyard plans repair cluster on western coast The OWS applies to dry cargo containers, with a gross weight exceeding 18 tonnes with … Read more
Air cargo movement to Dubai will be impacted with a local terminal operator imposing 48-hour embargo on imports. The embargo, which is being imposed due to cargo backlog at the dnata terminal, will be in place for 48 hours from Monday midnight. Emirates will not be impacted as it operates from a different terminal. However, … Read more