Traders oppose the surcharge imposed by feeder operators at Kochi port saying that they were unable to accept such levy for both export and import containers in view of the short notice. Feeder operators imposed surcharge of $100 for a TEU on two subsequent sailings in order to recover the loss suffered by their feedering between Kochi and Colombo on ballast (without any cargo on board). They have to sail to Colombo empty because the strike by trailer crew in Kochi Port paralysed movement of c
Tag: vessels
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Traders oppose surcharge on containers
Traders oppose the surcharge imposed by feeder operators at Kochi port saying that they were unable to accept such levy for both export and import containers in view of the short notice. Feeder operators imposed surcharge of $100 for a TEU on two subsequent sailings in order to recover the loss suffered by their feedering between Kochi and Colombo on ballast (without any cargo on board). They have to sail to Colombo empty because the strike by trailer crew in Kochi Port paralysed movement of c
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India Ratings suspends rating for Pratibha Shipping
The ratings of Pratibha Shipping was suspended by India Ratings as the former failed to provide adequate information on its current debt repayment and status of operations of its various vessels. In the absence of these information, the rating agency is unable to make an assessment of the com
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ChPT introduces new scheme to attract bulk cargo
Chennai Port Trust (ChPT) has introduced Berth Reservation Scheme (BRS) in order to attract break bulk cargo and dry bulk cargo and has also dedicated one of the berths for the scheme. Under the scheme, the port would offer priority berthing facilities for export-oriented vessels in Jawahar Dock
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GAIL India to decide on shipping foray
In the next three-four months, GAIL India would decide on whether to start shipping operation. The company plans to source seven LNG (liquid gas) shipping vessels on long-term charter hire. Alternatively, it is also mulling a proposal of outright purchase. BC Tripathi, Chairman of the firm said after announcing the commissioning of its 5-million tonne a year
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DGS says financially strained Pratibha may trim fleet size
Citing financial difficulties, shipping firm Pratibha Shipping considers to reduce its fleet size. According to the Directorate General of Shipping (DGS), as part of the plan, the company, which owns nine oil tankers, plans either to sell or scrap five vessels. The company anchored a total of three vessels Ćā Koyna at a port in Bahrain, and Chandrabhaga and Narmada in Chinese shipyards in foreign shores, with owne
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Naval vessels deployed to combat piracy
It is learnt that the naval vessels INS Kabra and INS Kalpeni with a crew of three officers and 39 sailors each are deployed regularly for coastal surveillance of Kerala. INS Kabra is commanded by Lieutenant Commander Chetan R Upadhyay, a marine commando while INS Kalpeni by Lieutenant Commander Vikas Jha, a specialist in navigation and direction
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