Container Vessel

Rewriting maritime map: Centre charts course for broader ship ownership

Shipping ministry seeks maritime overhaul with 4 key bills lined up in Parliament session

Pink bowls & yellow bottles: Tupperware's journey from desire to necessity

Tupperware entered the scene in India in the late nineties and quickly infiltrated the urban kitchen

Red Sea crisis produces winners & losers in Asia as freight rates spike

Chinese shippers including Cosco Shipping Holdings Co. saw earnings lifted by higher revenue from its container shipping business

Yemen's Houthi rebels suspected of firing missiles at a container ship

Two missiles suspected to have been fired by Yemen's Houthi rebels targeted a Liberian-flagged container ship in the Gulf of Aden late Friday, splashing down nearby without causing any damage, authorities said. The attack comes after the Houthis repeatedly assaulted and then boarded a Greek-flagged oil tanker in the nearby Red Sea, planting explosives on it they later detonated. That attack, the worst in weeks, risked a major oil spill as the rebels' campaign disrupts the USD 1 trillion in goods that pass through the Red Sea each year over the Israel-Hamas war in the Gaza Strip, as well as halting some aid shipments to conflict-ravaged Sudan and Yemen. The attack Friday saw two missiles exploding in close proximity to the vessel some 240 kilometres east of Aden, the British military's United Kingdom Maritime Trade Operations centre said. The ship reports all crew are safe and proceeding to next port of call, the UKMTO said. Investigations are ongoing. The Joint Maritime Information

Chinese, Philippine ships collide in disputed water, both sides trade blame

China's coast guard accused the Philippines of deliberately crashing one of its ships into a Chinese vessel early Monday near Sabina Shoal, a new flashpoint in the increasingly alarming territorial disputes between the countries in the South China Sea. Two Philippine coast guard ships entered waters near the shoal, ignored the Chinese coast guard's warning and deliberately collided with one of China's boats at 3:24 a.m., a spokesperson said in a statement on the Chinese coast guard's website. Philippine authorities did not immediately comment on the encounter near the disputed atoll in the Spratly Islands, where overlapping claims are also made by Vietnam and Taiwan. The Philippine side is entirely responsible for the collision, spokesman Gan Yu said. We warn the Philippine side to immediately stop its infringement and provocation, otherwise it will bear all the consequences arising from that. Gan added China claimed indisputable sovereignty over the Spratly Islands, known in Chine

Ship built by GRSE to explore Indian Ocean for rare minerals, says official

A ship to be built by defence PSU Garden Reach Shipbuilders and Engineers (GRSE) as part of its pact with a Goa-based government institution will explore the deep Indian Ocean for rare minerals and metals, officials said on Thursday. With a length of 89.5 metres, it will be the largest research vessel to be built in an Indian shipyard for deep sea exploration, a spokesperson of the National Centre for Polar and Ocean Research (NCPOR) in Goa said in a release. The vessel will be deployed for undertaking deep sea scientific surveys and sampling towards the Deep Ocean Mission of the Ministry of Earth Sciences, he said. It will have an all-weather capability and capacity to carry 34 scientists at a time and is expected to serve India for the next 30 years, he said. The vessel, to be built by the Kolkata-headquartered GRSE in 36 months at a contract value of Rs 839.55 crore, will "explore the deep Indian Ocean for rare minerals and metals as part of India's Deep Ocean Mission," the rele

Congestion at Singapore port shows global ripple impact of Red Sea attacks

Retailers, manufacturers and other industries that rely on massive box ships are again battling surging rates, port backups and shortages of empty containers

Container volume likely to grow 8% to 342 million tonnes in FY25: Report

Container volume is expected to grow by 8 per cent to 342 million tonnes this fiscal despite the risk of a prolonged Red Sea crisis, CateEdge Ratings said on Thursday. The slated connection of the dedicated freight corridor to Jawaharlal Nehru Port in FY26, along with capacity additions by ports, is expected to drive growth in container volume over the medium term, it added. Cargo at Indian ports is dominated by 3Cs -- crude oil (termed as Petroleum Oil Lubricants (POL), coal and containers. These three commodities represent 74-75 per cent of total cargo throughput handled by ports. Over the past 3 years ended FY24, POL witnessed a moderate CAGR of 4 per cent while coal and container volumes witnessed 13 per cent and 9 per cent growth, respectively, CateEdge Ratings said. The rating agency said it expects coal cargo throughput at ports to grow at a CAGR of 2-3 per cent between FY24 and FY26, despite an anticipated decline in coal imports by 3-4 per cent due to increased domestic c

Iran to allow Indian officials to meet 17 crew members of seized MSC Aries

Iranian foreign minister Hossein Amir-Abdollahian has said that Tehran will "soon" allow Indian authorities to meet 17 Indian crew members of a cargo vessel that was seized by Iran's military near the Strait of Hormuz on Saturday. Amir-Abdollahian conveyed this to External Affairs Minister S Jaishankar during a telephonic conversation on Sunday, according to an Iranian foreign ministry readout. It said Amir-Abdollahian also apprised details of Iran's "legitimate defence" and punitive measures against the Israeli regime, in a reference to Tehran's missile and drone attacks on the Jewish nation. The Iranian foreign minister urged the Indian government to maintain its active role through international bodies, including the United Nations Security Council, to halt the war in Gaza as it is at the core of the current crisis in the region, the readout said. In the talks, Jaishankar called for the release of the Indians onboard the Portuguese-flagged cargo vessel MSC Aries. The Indian for

9 pirates being brought to India, says Navy after rescuing Iranian vessel

A day after rescuing a hijacked Iranian fishing vessel and its 23-member Pakistani crew under an anti-piracy operation at sea, the Indian Navy on Saturday said the nine surrendered pirates are being brought to India for further legal action. The legal action will be taken against them under the Maritime Anti-Piracy Act, 2022. The Indian Navy's specialist teams have completed sanitisation and seaworthiness checks of fishing vessel Al-Kambar, according to a statement shared by the Navy's spokesperson. "The crew, comprising 23 Pakistani nationals, were given a thorough medical checkup prior to clearing the boat to continue with her fishing activities," it said. The Indian Navy on Friday had rescued the hijacked Iranian fishing vessel and its crew, after more than 12 hours of "intense coercive tactical measures" as part of the anti-piracy operation. The hijacked vessel was intercepted on Thursday, the Navy said on Friday. "INS Sumedha intercepted FV 'Al Kambar' during early hours of

Vizag Port signs pact to incorporate traffic management system services

The Visakhapatnam Port Authority on Monday entered into an agreement with the National Technology Centre for Ports, Waterways and Coasts, Chennai for Vessel Traffic Management Systems services. Visakhapatnam Port chairperson M Angamuthu and National Technology Centre for Ports, Waterways and Coasts (NTCPWC) principal scientist D Kumaran Raju signed the deal in the port city. "Vessel traffic management systems is an integral part of modern maritime transportation, where these systems provide a comprehensive solution for monitoring and controlling vessel traffic in port area," said Angamuthu in a press release. For availing vessel traffic management systems services, Visakhapatnam Port will pay Rs 14 crore for a period of 10 years.

Concerned over targeting of commercial vessels in Red Sea: Muraleedharan

India supports freedom of navigation in the Red Sea and it has voiced concerns over targeting of commercial ships in the region impacting trade and endangering the lives of crew of the vessels, the government said in Lok Sabha on Friday. Minister of State for External Affairs V Muraleedharan said India is closely monitoring the developments in the region. "India supports the principle of freedom of navigation in the Red Sea and has expressed concern at the instances of targeting of commercial vessels in the Red Sea impacting our trade/commercial linkages and endangering the lives of crew and ships," he said in a written reply. "India is closely monitoring the developments in the region. The Indian Navy is deployed in the Indian Ocean Region towards safety of vessels and seafarers at sea," he said. Asked whether the government is considering designating the Yemen-based Houthi militant group as a terrorist organisation, Muraleedharan did not give a direct reply. "Designation of an .

No adverse impact of ongoing Red Sea crisis so far on India's trade

There is no adverse impact on India's exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are taking a long route. "There is no impact in volume terms so far. Only the transportation cost is up. It has risen for all the countries. It has not affected the trade adversely so far. We have to see the long term demand, but it will depend on the EU and the US," the official added. These two regions account for over 30 per cent of the country's total exports. However, exporters said that they are keeping their fingers crossed as due to the significant jump in freight cost, India's exports may be impacted. The trade data for January will be released by the commerce ministry on February 15. In December last year, exports rose marginally by one per cent to USD 38.45 billion. Due to the attacks by Yemen-based Houthi rebels on commercial ships, the movement of goods from the Red Sea, the world's

Availability of containers not affected due to Red Sea crisis: Patel

The Red Sea crisis at present has not affected the availability of containers for traders and the government is closely monitoring the situation, Parliament was informed on Friday. Minister of State for Commerce and Industry Anupriya Patel said that exports from India are continuing as the sailings of containers carrying ships from India have been diverted via the Cape of Good Hope route, encircling Africa. "The crisis in Red Sea, at present, has also not much affected the availability of containers in most of the ports," she said in a written reply to the Rajya Sabha. The crisis in the Red Sea shipping route began after Yemen-based Houthi rebels launched frequent attacks on commercial shipping vessels plying through the route in November as a fallout of the Israeli-Palestinian war, which started in early October 2023. Due to the crisis, the movement of goods from the Red Sea, the world's busiest shipping route, has disrupted the global supply chains as vessels have to take long ..

The Red Sea crisis: Commerce department flags rising import cost

The Red Sea strait is vital for 30 per cent of global container traffic and 12 per cent of global trade

Red Sea crisis pumps up global container prices, ocean freight rates

At $3,072, prices per 40-foot container highest in 15 months

DefMin providing security escort for container ships around Red Sea

Tankers have been avoiding the Red Sea after the Houthi militant group stepped up maritime attacks against commercial vessels

Indian Navy enhances Arabian Sea surveillance after vessel attacks

The Indian Navy has significantly enhanced its surveillance apparatus in the Arabian Sea and the Gulf of Aden by deploying frontline destroyers and frigates in view of recent incidents of attacks on merchant vessels. Liberian-flagged cargo vessel MV Chem Pluto, with 21 Indian crew members, was the target of a drone attack off India's west coast on December 23, triggering security concerns as the incident came amid Iran-backed Houthi militants launching strikes on several commercial ships. Another commercial crude oil tanker, MV Sai Baba, that was on the way to India came under a suspected drone strike in the Southern Red Sea on the same day. "The last few weeks have witnessed increased maritime security incidents on merchant vessels transiting through international shipping lanes in Red Sea, Gulf of Aden and Central/ North Arabian Sea," the Navy said. It also referred to a recent piracy incident on merchant ship MV Ruen approximately 700 nautical miles from the Indian coast. "The

Working on plan to encourage traders to use Indian-flag vessels: Goyal

On Tuesday, Prime Minister Narendra Modi said that India aims to be among the top five nations in shipbuilding over the next 25 years

India should look at making niche, medium-sized vessels: Cochin Shipyard MD

India can be in a "positive spot" when it comes to ship building prospects and the country should look at making niche, technologically-advanced vessels rather than large bulk carriers, according to a senior industry official. Cochin Shipyard Ltd's Chairman and Managing Director Madhu S Nair also said that India with an all-round positivity could emerge as an alternative hub in the space for niche and medium-sized, technologically advanced vessels amid the green transition. The general perception is that the focus should be building all those large bulk carriers or tankers for making India as a manufacturing base for ships, he pointed. "(However), I have a slightly different perception because our current structure is not ideally suited for that. So why shouldn't we look at our strengths, which would be (to focus) a little bit more on niche vessels that have advanced technologies, alternate fuel cells, hybrid electric vessels. Not very large but medium-size vessels," he told PTI ...