JSW apportions ₹6,000 crore for acquisitions in port sector
JSW Infrastructure Ltd, a private port operator, has earmarked approximately ₹6,000 crore for acquiring strategic assets, aiming to bolster its presence in an industry dominated by the Adani group. The...
View ArticleAdani Total Gas and INOXCVA collaborate to strengthen LNG ecosystem in India
Adani Total Gas Ltd (ATGL) and INOX India Ltd (INOXCVA), have entered into a mutual support agreement under which ATGL and INOXCVA get “preferred partner” status for the delivery of LNG and LCNG...
View ArticleIMO Secretary-General outlines ambitious agenda for global maritime sector
In a press conference at IMO Headquarters in London, Secretary-General Arsenio Dominguez unveiled the organization’s strategic priorities for the next four years. Focused on ensuring safer, more...
View ArticleTianjin Port builds high-level maritime gateway for Beijing-Tianjin-Hebei region
In recent years, taking full advantage of its unique location, Tianjin Port has continuously improved its port functions to build a high-level maritime gateway for the Beijing-Tianjin-Hebei region. It...
View ArticleVINCI wins cruise ship shore power deal at HAROPA PORT
A consortium comprised of subsidiaries from VINCI Energies and VINCI Construction has won a contract for the implementation of a high-voltage power supply system at HAROPA PORT’s Pointe de Floride...
View ArticleCSMIA highlights 2023 cargo growth
Chhatrapati Shivaji Maharaj International Airport (CSMIA) registered an 87 percent year-on-year growth of e-commerce shipments during the festive season of 2023. CSMIA currently connects 600...
View ArticleGuest workers are returning to Tiruppur, say exporters
Workers from the northern States, who were employed at the garment export units in Tiruppur and went home in the last six months due to slowdown in orders, are returning to work, said Kumar Duraiswamy,...
View ArticleBurntwood freight business launches expansion to capitalise on trade between...
Espace Global Freight bosses said they hoped the move would help capitalise on increased trade between the UK and Indian markets. The company, which has operated for more than 24 years, has seen its...
View ArticleJSW Infrastructure set to commence work on Rs 4,119 crore Keni Port project...
JSW Infrastructure, the ports unit of the Sajjan Jindal-led JSW Group, is set to commence the development of the Keni greenfield port in Karnataka this calendar year. The second-largest commercial port...
View ArticleWSC, BIMCO and ICS issue joint statement on joint international statement on...
The World Shipping Council, the International Chamber of Shipping and BIMCO expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and...
View ArticleSteel and port ministries lay out guidelines for hydrogen usage
The Steel and Port Ministries have jointly released a comprehensive plan to foster the adoption of hydrogen, with a scheme valued at Rs 570 crore. This initiative is aligned with the broader National...
View ArticleSeven ships carrying fertilisers rerouted from Red Sea so far Govt
The government on Tuesday said that seven ships carrying fertilisers have been rerouted from the Red Sea so far due to disturbances. In a written reply to the Rajya Sabha, Minister of State for...
View ArticleCordellia to operate cruise liner from Vizag to Chennai from Aug 26
Cordellia Cruises has finalised the schedule of its voyages from Vizag International Cruise Terminal (VICT) from August 26. The cruise will be available between Visakhapatnam, Chennai and Puducherry....
View ArticleCharter market gets a boost as carriers look to plug holes in networks
Enforced schedule changes, with ships diverted via the Cape of Good Hope due to Houthi attacks in the Red Sea, are prompting carriers to launch more hub & spoke-type services to plug the gaps in...
View ArticleKerala government bets on Rs 3 Lakh crore private investment
Departing significantly from traditional Left-leaning resistance to private investment, Finance Minister KN Balagopal’s FY25 budget unveiled programmes targeting investments to the tune of at least Rs...
View Article‘Multi-modal logistics park key for growth of Thoothukudi
To accelerate economic growth and industrial development in the southern region, VO Chidambaranar Port in Thoothukudi should be made into a transshipment hub, TR Thamilarasu, president, All India...
View ArticleSet up logistics parks; factor in green norms in new projects: CII asks...
The Confederation of Indian Industry (CII) has appealed to the Telangana Government to consider setting 4-5 comprehensive logistics parks in trade and export hubs in different parts of the State. As...
View ArticleIndia saves 6 bn on Qatar LNG deal renewal signs 78 bn pact for 20 yrs
India on Tuesday signed a USD 78 billion deal to extend LNG imports from Qatar by another 20 years till 2048 at rates lower than current prices. Petronet LNG Ltd, India’s biggest liquefied natural gas...
View ArticleIndia receives first Russian Sokol oil at Vadinar after hiatus
An oil tanker filled with Russia’s Sokol crude has discharged India’s first import of the grade in over two months, with millions of barrels still stranded across the region. The ship — the Aframax...
View ArticleShip headed to India attacked in Red Sea, Houthis claim responsibility
Yemen’s Huthi rebels said Tuesday they had struck US and British ships in two attacks in the Red Sea, the latest among dozens of incidents that have disrupted global shipping. The Iran-backed rebels,...
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