Search results
Results from the WOW.Com Content Network
India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 90 million customers.
The sale and purchase of ship is an important aspect of the shipping industry.It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining.
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
The port state control (PSC) makes inspection of ships in port, taken by a port state control officer (PSCO). Annual report of Paris MoU reported that a total of 74,713 deficiencies were recorded during port state control inspections in 2007, which deficiencies resulted in 1,250 detentions that year. [13]
IACS is a non-commercial, technical collaboration association to establish, review, develop, and promote minimum technical requirements in relation to the design, construction, maintenance and survey of ships and other marine related facilities and to assist international regulatory bodies in the development and interpretation of statutory regulations to help ensure their universal and uniform ...
A forward freight agreement (FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates.
Shipping, responsible for moving about 90% of global trade, contributes nearly 3% to the world's carbon dioxide emissions. This share is anticipated to rise in the coming years unless stricter ...
Wind turbine towers being unloaded at a port Stevedores on a New York dock loading barrels of corn syrup onto a barge on the Hudson River.Photo by Lewis Hine, circa 1912. In shipping, break-bulk, breakbulk, [2] or break bulk cargo, also called general cargo, are goods that are stowed on board ships in individually counted units.