Seafarers have sought government intervention to be exempted from meeting the qualifying rules for Non-Resident Indian (NRI) status that grants tax-free income for FY 21 due to the pandemic induced restrictions on crew change. “On one hand, Indian seafarers who were serving on ships when major lockdowns were announced worldwide could not be brought home..

Wan Hai Lines is pleased to announce the launch of China – East India Service V “CI5 service” on 13th December, 2020. This new service will help to expand Wan Hai Lines network in North China and East India. This service will be operated by 6 vessels with nominal capacity of 4,250TEU. CI5 maiden voyage.

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and Covid-19 related expenses, according to new research carried in shipping consultancy Drewry’s Ship Operating Costs Annual Review and Forecast 2020/21 report. Drewry estimates that average daily operating costs across the 47 different ship types.

Vedanta and Dubai’s DP World have expressed interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic Times reported citing people familiar with the matter. The roadshow organised by DIPM reportedly attracted up to 9 potential investors, including shipping companies from Norway and South Korea. While DP Dubai is among the top.

Indian seafood exporters, particularly from the southern area, might miss supply of many abroad consignments for Christmas and New Year, due to scarcity of empty refrigerated (reefer) containers and pile-up of bins at Colombo Port. Exporters of coir merchandise too are going through a troublesome time executing export orders within the absence of dry containers..

As China continues to tighten inspection requirements for cold chain food imports over Covid-19 fears Ocean Network Express (ONE) has suspended taking food import bookings bound for Huangpu, China. “Due to stricter customs inspections and disinfection requirements for food import commodities (including but not limited to meat, seafood, dairy, fruits and vegetables), inbound reefer container.

Today’s launch of CMA CGM’s SEAPRIORITY go and SEAPRIORITY get by CMA CGM reveals the confidence carriers have that the current surge in cargo on the Pacific will continue, but also shows the lines’ newfound ability to manage capacity, bolstering rates and carrier income. SEAPRIORITY go will offer fast, 12-day, transit times from Yantian to.

The normal operations of Dredging Corporation of India Ltd have been impacted in a number of ways as COVID-19 induced lockdown impeded conducting surveys, the company said in its annual report. The coronavirus situation led to imposition of lockdowns, regimented deployment of manpower leading to shortages at the work sites and yards, inordinate delays in.

Yang Ming now offers a digital booking, joining fellow Taiwanese carrier Evergreen that has been doing this for a year together with half the global carriers, reports. Yang Ming will use a quoting and booking platform developed by BlueX Trade, a San Francisco- and Taipei-based software provider. Evergreen’s GreenX instant quoting and booking product, like.

Finally, global container shipping is showing a strong rebound, leaving behind the Covid-19 pandemic, going by the financials of the world’s two largest container shipping lines — AP Moller-Maersk and CMA-CGM. During the third quarter ended September 30, 2020, both the global shipping companies showed improved volumes when compared to the previous two quarters. Both.