According to a Pakistani media report, the national government plans to launch ferry services between Karachi and Gujarat or Mumbai. Further, the government plans to launch such a service between Karachi and Dubai. Pakistani Ports & Shipping Minister Senator Kamran Michael is quoted as saying in the media. Pakistani government set up a high-level committee to examine the feasibility of such services and the panel may
Tag: vessel
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Shipping sector suffers from overcapacity
Shipping companies worldwide are suffering from overcapacity or excess fleets and this depressed freight rates in the sector, reports indicate. At the end of 2012, worldwide fleet of bulk carriers rose to 679 from 393 in 2007. Further, this is expected to see growth of 10 per cent and 5 per cent in the next two years, respectively, before it tapers to 2 per cent in 2015, reports indicate
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Crude tanker segment may not perform well
Analysts expect that the crude tanker segment of the shipping industry may not perform well in the near future because of the sharp decline in the import of crude oil by one of the largest consumer of energy, the USA. The US has become self-sufficient for crude, because of its the boom in the shale oil industry in the country. US imports of crude oil declined significantly by almost 4 to 4.5 million barrels a day. That is not being mad
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ICTT receives Maersk main line vessel
The first direct Maersk main line service which has called at International Container Transshipment Terminal (ICTT) recently. ICTT received the mainline cargo vessel MV Newyorker with 1,185 twenty foot equivalent units (TEUs) of cashew from West Africa. The vessel, operated by the global shipping major Maersk Line, also has transshipment containers for Tutic
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Dighi Port receives largest bulk carrier
On June 28, Dighi Port received the largest bulk carrier so far and one of the largest vessels to call at any port in Maharashtra. The port received the vessel ‘MV C Harmony’ having a LOA of 270 meter and a beam of 43 meter with DWT of 153,153 million tonne. The vessel carried steam coal for one of the largest coal importers in the country, reports indicat
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MPT takes steps to attract cruise traffic
In a press release, Mormugao Port Trust (MPT) said it was taking efforts to boost cruise traffic at the port as well as cruise tourism in the state. In this regard, the port authority is working in co-ordination with the union ministry of Shipping to attract more cruise liners to Goa, the release said
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ONGC set to award vessel contract to Cochin Shipyard
Media reports indicate that ONGC is in the process of giving a contract to Cochin Shipyard for manufacturing a seismic ship. A seismic vessel carries equipment that sends down sound waves to the sea-bed and capture their reflections. Cables (called ‘streamers’) several kilometre long are laid is the water and an airgun is fired from the vessel. ‘Hydrophones’ on the cables, which lie at regular inter
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GMB issues alert on container slippage
The Vessel Traffic Management System (VTMS) in Gulf of Kutch issued alerts as about 17 containers slipped from MV Rajeev Gandhi, a vessel container of Shipping Corporation of India (SCI), off Okha West coast on June 27 when the vessel was on the way to Mundra port. Information from Gujarat Maritime Board (GMB) reveals that 16 containers onboard the vessel were empty, while one contains high density polyethylene (HDP
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Mitsui OSK ropes in firm to rescue cargo
Mitsui OSK Lines roped in a salvage company to rescue the cargo and hulls of a 300-metre long container ship MOL Comfort, which broke into two parts mid sea about 530 nautical miles off Goa. The company claimed that there was no large volume of oil leakage owing to the incident. Majority of the cargo is confirmed to be aboard the fore and aft part of he ship. However, some of the containers may be lost or damaged during the incident, reports indicate. All 26 crew
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Panel report makes suggestion to shipping ministry
The Parliamentary Standing Committee on Transport, Tourism and Culture suggested the union shipping ministry to allow the use of harmful paints by only commercial vessels. In its latest report, the panel said the use of harmful paints by any ship, in fact would affect marine environment adversely. Therefore, the report asked the ministry to consider these aspects