Top 13 Mysterious Ghost Ships and Haunted Stories of The Maritime World

Top 13 Mysterious Ghost Ships and Haunted Stories of The Maritime World

We all have enjoyed mysterious ghost stories in our childhood. In the maritime world, there are lots of ships on which mysterious events took place. The stories of these mysterious ships are always very interesting. Here are some of the famous ghost ships of the maritime world. Top 13 Mysterious Ghost Ships and Haunted Stories…

Major Container Ports in the World

Major Container Ports in the World

Container ports (also known as container terminals) are specialized marine port facilities that focus on container shipping and transshipment. Terminals are crucial in the global logistics and supply chain business because they determine the speed at which commerce and trade may occur. Terminals that are efficient and streamlined run smoothly, minimizing ship wait times and…

What is Baltic Exchange?

What is Baltic Exchange?

The Baltic Exchange is a London-based and world’s only exchange that supplies traders dealing in shipping freight with real-time maritime shipping data for the settlement of physical and derivative shipping contracts. It has around 600 members from all over the world. Singapore, Shanghai, and Athens are among the exchange’s regional offices. For the trading and…

What is Marine Insurance? Types & Policies

What is Marine Insurance? Types & Policies

What is Marine Insurance? According to Marine Insurance Act, 1906: “An agreement whereby the insurer undertakes to indemnify the assured, in the manner and to the extent thereby agreed, against incidental to marine adventure. It may cover loss or damage to vessels, cargo or freight.” Marine insurance is a type of insurance that provides compensation…

Top 15 Ports in Italy

Top 15 Ports in Italy

Italy has played an important role in marine trade since antiquity, owing to its unique topography. In earlier times, ports in Italy like Genoa, Venice, Pisa, and Amalfi competed for dominance of trade routes along the Mediterranean Sea throughout the Middle Ages and Renaissance. While they eventually fell victim to the rise of Atlantic trade…

16 Biggest Ports in India

16 Biggest Ports in India

Before diving into the list of the major ports in India, let’s find out more about India’s sea trade activities and statistics. Introduction Kerala, Karnataka, Maharashtra, Goa, Gujarat, West Bengal, Odisha, Andhra Pradesh, and Tamil Nadu are the nine coastal states that makeup India. One of the biggest areas of land that juts out into…