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India’s maritime fundamentals remain strong despite US tariffs, says Synergy...

US reciprocal tariffs may cause friction in the short term for the maritime sector but over the long term, India’s fundamentals remain strong, says Synergy Marine Group CEO. US President Donald Trump...

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Trump’s tariffs may spike freight costs by 30%; India set to ride the supply...

India’s shipping and logistics sector is bracing for both turbulence and opportunity, as the reciprocal tariffs imposed by the Trump administration in the US have dramatically altered global trade...

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Indian firms should avoid re-routing of goods from China to US: GTRI

Domestic exporters should not use India as a destination for re-routing goods originating from high-tariff countries like China to the US, economic think tank GTRI said on Thursday. Instead of...

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Adani Ports NQXT acquisition is positive step towards global diversification:...

Adani Ports and Special Economic Zone Limited’s (APSEZ) acquisition of the North Queensland Export Terminal (NQXT) will support its international growth strategy, says Fitch Ratings. The global rating...

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Vadhavan Port secures Rs 57 Bn in deals for expansion

Vadhavan Port in Maharashtra’s Palghar district has signed key agreements worth Rs 57 billion for its proposed facility. The deals, which were finalised in the presence of Union Shipping Minister...

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Kolkata gets government nod to build barge terminal at Balagarh

Shyamaprasad Mukherjee Port Authority formerly Kolkata Port Authority) has secured approval from the government to build a barge terminal for handling container and dry bulk cargo at Balagarh island...

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Centre working to cut logistics costs to spur growth in economy

The government is working to further reduce regulatory issues, and discussions are underway to make the PM Gati Shakti more accessible to the private sector to reduce logistics costs, a senior official...

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CMA CGM reflags one of its vessels to Indian flag

Marseille, France-based CMA CGM S A, the world’s third largest container shipping line, will reflag one of its container ships to the Indian flag on April 28 in Mumbai, making it the first big global...

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India won’t allow transshipment of goods to other regions: Piyush Goyal

Commerce and Industry Minister Piyush Goyal said on Friday that India will not allow irregular practices and trans-shipment of goods from its soil to other regions. “At no point of time, will we allow...

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Wilson takes delivery of Wilson ECO I

Wilson ASA has taken delivery of WILSON ECO I, the inaugural vessel in its new ECO series and the first of a substantial 14-vessel newbuilding program at Udupi Cochin Shipyard Limited in India. This...

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