ReCAAP: Rise in Number of Piracy And Armed Robbery Incidents Against Ships In Asia During Jan.-Aug. Period

A total of eight incidents of armed robbery against ships1 were reported in Asia in August 2018. No piracy incident was reported. There was also no report of abduction of crew in the Sulu-Celebes Seas and no hijacking of ships for theft of oil cargo reported in August 2018. AUGUST 2018 NUMBER OF INCIDENTS In
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Pioneer Marine Inc. and its subsidiaries a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the second quarter ended June 30, 2018. Financial Highlights: – Net Income $1.1 million or $0.04 per share for Q2 2018, increased by $3.0 million compared to a loss of $1.9 million
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Considering the need of exporters/importers for clearance of containers moved by rail (ICD or non-ICD), the V. O. Chidambaranar Port Trust (VOCPT) has extended to 15 days the free storage period, from the existing 5 days, in the SoR of the port for facilitating the movement of containers by rail in the port w.e.f. August
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The collapse of iron ore prices in the face of oversupply has been threatened for the last few years. Following massive investments in Australia and Brazil, oversupply was expected to hit dwindling demand on the back of a cooling Chinese property market and an environmental crackdown on excess steel production. Yet despite repeated dire warnings,
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The US has ranked as the numero uno exporting destination for the Indian engineering products in May 2018 and registered a cumulative expansion of 19.75 for the April-May period this fiscal KOLKATA: The Indian engineering exports have managed to grow by close to 20 per cent for the April-May, 2018, reflecting a “so far so
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