Freight corridor cargo movement up 142 pc in FY24
Dedicated Freight Corridors witnessed 142 per cent increase in cargo carried in FY24 against the previous year. Increasing dependence on rail transport in cargo movement has seen the road toll revenue...
View ArticleIndia’s Logistics sector set for transformation, expected to reach ₹47.12...
India’s logistics sector, one of the largest globally, is undergoing a significant transformation, according to a recent report titled “A Report on Future Talent Requirements in Logistics.” The study,...
View ArticleSupply chain council formed under Indo-Pacific agreement with US as Chair,...
In a step towards bolstering supply chain resilience, a Supply Chain Council (SCC) has been established under the Supply Chain Resilience Agreement, a key component of the Indo-Pacific Economic...
View ArticleIndia woos world’s top shipyards in South Korea to achieve shipbuilding...
India is wooing the world’s top shipbuilders such as South Korea’s HD Hyundai Heavy Industries Co Ltd, Hanwa Ocean Co Ltd and Samsung Heavy Industries Co Ltd for technical collaboration and joint...
View ArticleIndia’s success in capturing ‘China-Plus-One strategy’ limited: NITI report
India has seen limited success so far in capturing the ‘China Plus One strategy’, while Vietnam, Thailand, Cambodia, and Malaysia have become bigger beneficiaries, according to a report of government...
View ArticleAdani Gangavaram Port inaugurates India’s first economic Grab Ship Cranes
Adani Gangavaram Port, the deepest and one of the most modern ports in India today announced the launch of two state-of-the-art Economic Grab Ship Cranes, marking a significant milestone as the first...
View ArticleProcess to set up port security hub starts
Barely a day after PM Narendra Modi highlighted the need for better port security at the meeting of state police chiefs, govt has begun work on setting up a Bureau of Port Security to deal with these...
View ArticleIndia’s maritime reforms to anchor global ambitions
India’s shipping sector is poised for a significant overhaul with the introduction of three pivotal bills in Parliament: the Merchant Shipping Bill, 2024, the Coastal Shipping Bill, 2024, and the...
View ArticleShips calling India must have CCTV systems installed
India has mandated all ships calling at its ports must have CCTV systems installed by next October. The directorate general of shipping cited both health and safety concerns as well as security...
View ArticlePrime Minister Narendra Modi to inaugurate Vizhinjam International Seaport
Prime Minister Narendra Modi will inaugurate the Vizhinjam International Port. Ports minister V N Vasavan said the port’s first phase will be inaugurated grandly on a date convenient for the PM....
View ArticleUS sanctions 2 Indian shipping sector companies alleging involvement in Iran...
The US is sanctioning two Indian shipping sector companies alleging that they played a “critical role” in transporting Iranian oil in defiance of the US embargo. The two companies were among the 35...
View ArticleIndia’s Government awarded around 75 port development projects in major ports...
Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal on Tuesday informed the Parliament that the government has awarded around 75 port development projects in major ports in the...
View ArticleShippers eye alternatives as Indian port workers prepare for ‘indefinite’ strike
Indian shippers are braced for major supply chain disruption after dockworkers call for strikes at key ports, claiming the government is still falling short of commitments. It was previously reported...
View ArticleIndian ports strike threat returns
Dockworkers in India have called for an indefinite strike across all major ports starting on December 17 if the government fails to implement wage revisions and productivity schemes before December 15....
View ArticleJNP in Maharashtra clocks best turnaround time of 26 hrs: Government
Jawaharlal Nehru Port in Maharashtra has emerged as the topmost major port in India with the best turnaround time of 26 hours during financial year 2023-24. Paradip Port, the topmost in terms of cargo...
View ArticlePrime Minister Narendra Modi to inaugurate Vizhinjam international port
The Vizhinjam International Port will be inaugurated by Prime Minister Narendra Modi. Ports minister V N Vasavan said the port’s first phase will be inaugurated in a grand way on a date convenient for...
View ArticleHigh powered Japanese Business Delegation visits Hambantota International Port
The Hambantota International Port (HIP) supported a joint initiative by the Japan External Trade Organization (JETRO) and the Hambantota Chamber of Commerce, which are on an initiative to attract...
View ArticleLookout circulars issued against YSRCP leaders in Kakinada Port share...
K.V. Rao, former CMD of Kakinada Seaports Ltd (KSPL) has complained with the Andhra Pradesh Crime Investigation Department (CID) alleging that 41 per cent of shares in Kakinada Deep Water Port worth...
View ArticleMSC faces criticism for hazardous shipbreaking on South Asian beaches
Mediterranean Shipping Company (MSC), One of the world’s largest container shipping companies based in Switzerland, is again under the spotlight for its substandard and hazardous dismantling of...
View ArticleBangladesh-India border: Trade at 4 customs stations shut
Import and export through four customs stations between Bangladesh and India remain shut due to demonstrations on the border. However, trade at the country’s mainland ports remains almost normal....
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