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KK Agarwal Reflects on the Year in Logistics: Insights from CJ Darcl Logistics

“India’s Transportation and Logistics sector acts as the backbone to support the country’s fast-paced growth in becoming a $ 5 Trillion economy by 2027. With the framework of the National Logistics...

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India’s logistics sector progresses towards NLP goals, eyes global...

Efforts to align with the National Logistics Policy (NLP) 2022 objectives dominated India’s logistics sector last year, and 2024 has continued that momentum with a sharper focus on reducing logistics...

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Railways to adopt PPP model for new infrastructure projects

The Indian Railways is looking to implement the public-private partnership (PPP) model for developing new projects, including new commercial lines such as mineral corridors. This shift in strategy...

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MoD inks Rs 1,990 cr deal with Mazagon Dock Shipbuilders for plug for...

The Ministry of Defence (MoD) has signed a contract with Mazagon Dock Shipbuilders Limited (MDL) in Mumbai for air independent propulsion (AIP) plugs worth nearly Rs 1,990 crore. The plugs will...

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Container freight rates out of India continue to weaken amid persistent...

Container freight rates on major headhaul trades out of India have continued to drop in November amid export demand growth challenges, according to an analysis of market data. On the westbound...

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India’s National Maritime Heritage Complex on track for grand 2028 opening

India’s National Maritime Heritage Complex (NMHC) in Lothal, Gujarat, is progressing as planned, with the first phase of the project set to be completed by 2025 and the full facility expected to open...

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Haryana government approves extension of warehousing policy

The Haryana government’s approval for the extension of the Haryana Logistics, Warehousing & Retail Policy, 2019, is expected to further boost investment in the sector, experts said. The Haryana...

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UP eyes higher share in country’s exports, to unveil 5-year policy soon:...

The Uttar Pradesh government is gearing up to unveil a five-year export policy to boost its share in the country’s overall outward shipments to 7.5% and help the state become a $1 trillion economy. The...

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Visakhapatnam Port Authority terminates IMC Ltd run PPP berth

State-owned Visakhapatnam Port Authority has terminated a contract awarded to AVR Infra Pvt Ltd (AIPL), a unit of Chennai-based IMC Ltd, a few years into the 30-year concession for developing and...

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Syama Prasad Mookerjee Port explores option of developing 3 processing zones...

Syama Prasad Mookerjee Port is exploring the option of developing three different processing zones in Kolkata on long-term lease basis as a part of its land monetisation plan. Agro processing zone, tea...

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India funds rehabilitation of Sri Lanka’s Karainagar Boatyard

A Memorandum of Understanding (MoU) has been signed between India and Sri Lanka for rehabilitating the Karainagar Boatyard in the Northern Province of Sri Lanka with grant assistance from the...

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Afcom Holdings to begin commercial operations

Afcom Holdings, the Chennai-based all-cargo airline that will operate Afcom Cargo, announced that its Boeing 737-800 received a grand water cannon salute at the Chennai International Airport....

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Railways earnings rise 4%, capex 2% in 9 months of FY25

Indian Railways registered a 4% increase in earnings and 2% higher capital expenditure in the first nine-months of the current fiscal compared with a year ago. According to official estimates, for the...

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Railways handled 1,437 MT of freight in 2024

For Indian Railways, 2024 has been a very exciting year. Indian Railways has benefited greatly this year from the Ministry of Finance’s allocation of approximately Rs 2.6 lakh crore in capital...

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Contract awarded for Vadhvan Port’s shore reclamation

Vadhvan Port Project Limited (VPPL), a joint venture between the Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) formed to develop Vadhvan Port, has awarded a ₹1648 crore...

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Arkas Line extends routes to India

Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding India to its network. The firm hopes...

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Indian Register of Shipping reflects on 2024 and sets ambitious goals for 2025

Indian Register of Shipping (IRS) concludes 2024 with remarkable achievements across sustainability, innovation, and maritime safety, making its Golden Jubilee year a testament to its legacy and...

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Hapag Lloyd applies new rates from Middle East & Indian Sub to North America

Hapag-Lloyd has announced that a General Rate Increase (GRI) / General Rate Adjustment (GRA) is set to take effect for shipments from the Indian Subcontinent and Middle East to North America. This...

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Iran ships non-oil products valued at USD1.2B to India throughout certain...

Iran shipped non-oil goods amounted to USD1.2 billion to India throughout the initial 8 months of the present Iranian calendar year (March 20-November 20), the chief of the Islamic Republic of Iran...

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Sri Lanka Ports Authority Terminal record all-time high throughput

Sri Lanka Ports Authority (SLPA) terminals achieved their highest-ever throughput, reaching 2.41 million TEUs amidst competition. SLPA alone contributed 2,413,012 TEUs, emphasising its vital role in...

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