With no service provider, Kerala-UAE passenger ship link in choppy waters
The Kerala Maritime Board’s (KMB) proposal to launch the Kerala-Dubai passenger ship service from the second week of January has hit rough waters with no suitable service provider in sight. Though the...
View ArticleCargo handling capacity of major ports up from 1560.61 to 1617.39 MTPA in FY23
The cargo handling capacity of major ports in India has gone up from 1560.61 MTPA in FY21 to 1617.39 MTPA in FY23, the government data revealed today. The cargo handling capacity of all major ports...
View ArticleDPIIT’s report to help reduce logistics costs in India
India’s National Logistics Policy, which was launched on September 17, 2022, aims to reduce logistics costs in India. To achieve this objective, the Logistics Division, Department for Promotion of...
View ArticleDelay in Sagarmala projects due to local agitation, clearances: Union Ports...
The reasons for delay in implementing projects under the Sagarmala Programme is mainly due to delay in land acquisition, statutory clearances, local agitation, and change in scope, Union Minister for...
View ArticleMediterranean Shipping Company arm buys 49% stake in Adani’s Ennore terminal...
Terminal Investment Ltd, a unit of Geneva-based Mediterranean Shipping Company S.A, the world’s biggest container shipping line, has acquired a 49 percent stake for Rs247 crores in a 8 lakh twenty foot...
View ArticleGateway Distriparks inducts new container train, to add 2 more by March
Logistics operator Gateway Distriparks Ltd (GDL) on Friday said it inducted one new high-capacity container train and is looking to have two more such trains by March next year. With this, the company...
View ArticleTIDCO to set up logistics park near Tiruchi airport
The Tamil Nadu Industrial Development Corporation (TIDCO) plans to set up a Logistics Park near the Tiruchi International Airport for the benefit of exporters. Vegetables, fruits, and flowers are...
View ArticleGIFT City unveils draft development plan for expansion; to engulf 5 villages...
The Gujarat government on Friday unveiled a draft development plan for the expansion of Gujarat International Finance Tec-City or GIFT City in Gandhinagar which will inflate its present size by three...
View ArticleJD Logistics expands international express delivery service to Western...
JD Logistics today said it is expanding its international express delivery service to North America and Europe, marking a “significant milestone” for the logistics arm of Chinese e-commerce powerhouse...
View ArticleNavalt unveils Indra: India’s largest solar-electric ferry, transforming...
Navalt, the visionary pioneers behind Aditya, India’s first solar-electric ferry, SRAV, the world’s inaugural solar-electric fishing boat, and Barracuda, India’s fastest solar-electric boat, proudly...
View ArticleSouth Western Railway, JSW enter into agreement for iron ore transportation
South Western Railway (SWR) and JSW Minerals Rail Logistics Private Limited entered into an agreement on Friday for operation of five special type of wagons with ‘side discharge’ arrangement for...
View ArticleRed Sea unrest worries Kochi’s tea trade as logistics cost for exports set to...
The decision of shipping companies to suspend all transactions through the Red Sea following the attack on commercial vessels by Houthi rebels has left Kochi’s tea trade dizzy. Traders pointed out...
View ArticleGovernment says IMF debt warning a worst case scenario
The Indian government said on Friday a warning from the International Monetary Fund (IMF) that the country’s debt to GDP ratio could hit 100 per cent was a worst-case scenario, and not a “fait...
View ArticleVibrant Gujarat 2024 Roadshow Concludes With Global Investment Drive
Following the success of the curtain raiser event in New Delhi, the Gujarat Government undertook an extensive series of national roadshows and international delegation visits to showcase investment...
View ArticleSri City aims to become an export-import powerhouse with FTWZ-based dry port
Sri City, strategically situated at the Chennai-Tirupati-Nellore tri-city junction, is a thriving industrial hub, ranked among the top ten manufacturing regions in India. With more than 210 companies...
View ArticleIndian Register of Shipping to class innovative fleet support ships for the...
Indian Register of Shipping (IRS), a leading classification society, is pleased to announce that it will provide classification services for a series of five modern Fleet Support Ships (FSS) for the...
View ArticleIndia, Bangladesh agree to extend crucial Indo-Bangladesh Protocol route
India and Bangladesh have agreed to extend Indo-Bangladesh Protocol (IBP) route and declare Safardighi in West Bengal as the new port of call under Protocol on Inland Water Transit & Trade...
View ArticleOman’s Asyad fixes LNG carriers
Asyad Shipping, a subsidiary of Oman’s Asyad Group has struck a deal with Oman LNG for a long-term charter of two liquefied natural gas carriers. The charter is for the 174,000 cu m newbuilds Asyad...
View ArticleIndia’s first high-speed railway trial track to be ready by Oct 2024
India’s first dedicated fast railway trial track is set to be ready by October 2024 in Rajasthan’s Didwana district, said CPRO North Western Railway (NWR) official on Thursday. The project is intended...
View ArticleMOL names second LNG carrier for charter with GAIL
Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that a naming ceremony was held for the second liquified natural gas (LNG) carrier to serve GAIL (India), the largest natural gas...
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