Oxygen curbs hit container availability

Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs The curbs placed on industrial use of oxygen by the Centre to augment availability of medical grade oxygen for hospitals to save lives of critically ill COVID-19 patients, is impacting exporters by exacerbating a shortage of containers. Thousands of damaged.

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After containers, dry bulk shipping is red hot now

The Baltic Dry Index or BDI, London-based Baltic Alternate’s foremost sea freight index that tracks charges to ship dry bulk commodities, rose essentially the most in over ten years on Wednesday lifting the spirits of dry bulk ship homeowners who’ve been envious of the spectacular experience of container ship homeowners over the past couple of.

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Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake

US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential patrons for the federal government of India’s stake in (SCI).The three bidders, who had submitted expressions of curiosity (EoIs) for the ship proprietor on March 1, have certified after assembly technical and monetary standards and receiving safety clearances..

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India’s March crude imports edge up but pandemic concerns loom

India’s oil imports in March rose from the previous month, buoyed by an upturn in economic activity that could take a knock again because of renewed lockdowns in the world’s third-largest crude importer. Crude imports rose 7.3% from February to 18.26 million tonnes, data on the website of the Petroleum Planning and Analysis Cell (PPAC).

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Stevedores seeks relief measures as virus cases surge

Stevedores engaged in loading and unloading bulk cargo from and onto ships at the Centre-run major ports have called for relief measures including declaration of force majeure and rate stability as the second wave of the coronavirus rips through the country, posing operational challenges in clearing cargo. A force majeure clause absolves firms from meeting.

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India’s Covid surge rocks global shipping industry

India’s big new wave of Covid-19 infections has hit the worldwide transport trade, which depends on the nation for seafarers, as crews come down with the illness and ports deny entry to vessels. Ports together with Singapore and Fujairah within the United Arab Emirates have barred ships from altering crew members who’ve lately travelled from.

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Bijagos Shuttle, the unique product for Bissau cashews

CMA CGM responded to the needs of its customers for a personalized and unique product during the seasonal export of cashews from Bissau, Guinea-Bissau to India and Vietnam. In addition to its broaden coverage of 31 services calling Sub-Saharan Africa, CMA CGM is pleased to resume the Bijagos Shuttle service, the personalized and unique product.

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