Page 3 - Shipping Sector
Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days
At 10:49 am; MDL traded 12 per cent higher at Rs 396, as compared to 1.4 per cent decline in the S&P BSE Sense
 "Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days")
Shipping costs soar as Russian fallout overpowers global fuel flows
The Russian invasion has exacerbated a tightening of energy markets, upending trade flows and forcing buyers to scour the world for alternative fuel supplies
 "Shipping costs soar as Russian fallout overpowers global fuel flows")
Sagarmala project: Poor planning on container traffic haunting shippers
The lack of emphasis on expanding container traffic is haunting shippers
 "Sagarmala project: Poor planning on container traffic haunting shippers")
Why crisis for exporters could turn out to be a boon for shipping industry
Shipping companies counter that their costs have soared as well
Suez Canal steps up efforts to remove blockage, shipping rates surge
CAIRO (Reuters) - The Suez Canal stepped up efforts on Friday to free a stuck mega vessel, after an earlier attempt failed to end a blockage that has lifted shipping rates for fuel tankers and disrupted global supply chains for everything from grains to baby clothes.
 "Suez Canal steps up efforts to remove blockage, shipping rates surge")
Hope shipping rules extended to minor ports
Some shipping lines or their agents did not feel bound by the advisories, leading to complaints from the importers and exporters
Maersk delivers first import shipment in Odisha from ICD to Shyam Metalics
With a plan to run a weekly export train providing doorstep pickup and delivery, the company has projections of handling in excess of 4,000 TEUs a year.
 "Maersk delivers first import shipment in Odisha from ICD to Shyam Metalics")
Improving ease of doing biz: Govt to identify what's slowing cargo movement
The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, is carrying out the study
Shipping faces rough seas ahead
As coal imports shrink in India, shipping companies are losing their bargaining power with customers
 "Shipping faces rough seas ahead")
Major ports' subsidiaries to invest in inland waterways
Sector needs Rs 70,000-80,000 crore for developing 20,000 km of inland waterways
 "Major ports' subsidiaries to invest in inland waterways")
Govt plans transparency in shipping, logistics
Aim is more transparency in the shipping and logistics sectors, among others
 "Govt plans transparency in shipping, logistics")
Shipping ministry eyes Rs 8,000-crore cumulative profit in FY17: Gadkari
All the 12 ports and three flagship organisations have made a profit of Rs 6,000 crore for the last fiscal, said shipping minister Nitin Gadkari
