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...
View ArticleTrump’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...
View ArticleIndian 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...
View ArticleAdani 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...
View ArticleVadhavan 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...
View ArticleKolkata 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...
View ArticleCentre 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...
View ArticleCMA 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...
View ArticleIndia 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...
View ArticleWilson 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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