Vizhinjam port attracts Rs 6,250 crore investments from global firms
As part of the Vizhinjam seaport project, international companies have expressed their willingness to invest Rs 6,250 cr in various sectors. The investment commitments made during the Vizhinjam...
View ArticleDTDC launches all-women-operated branch at Thane, accelerating action towards...
DTDC Express Ltd., a leading express logistics service provider in India unveiled its 3rd All-Women-Operated-Branch at Thane, Mumbai. The initiative was inaugurated by Abhishek Chakraborty, CEO, DTDC...
View ArticleIFC sets up $250 mn Climate Investment Fund to invest in green shipping
International Finance Corporation (IFC), the private sector lending arm of the World Bank, has set up a $250 million, India-focused, Climate Investment Fund (CIF) to invest in the green shipping...
View ArticleMP Sribharat calls for dredging subsidy for VPT and e-visa facility at...
Member of Parliament from Visakhaptnam M. Sribharat has strongly endorsed India’s maritime trade reforms and extended his support for the Bills of Lading Bill, 2024 in Parliament, on Monday....
View ArticleParliamentary Committee pushes for private sector involvement in railways
Indian Railways has seen “marginal” growth in revenues, with passenger earnings remaining on the lower-side for nearly three years now. Additionally, a high operating ratio — consistently above 98 per...
View ArticleRs 10,440 cr allocated for Northeast Frontier Railway: Minister
Union Minister of State for Railways and Jal Shakti V. Somanna on Sunday said that a record allocation of Rs 10,440 crores has been made for Railways in the northeastern region in the Union Budget...
View ArticleLok Sabha clears bill on legal framework for issuance of bills of lading for...
The Lok Sabha on Monday passed The Bills of Lading Bill which seeks to provide a legal framework for the issuance of bills of lading with the government asserting that it will prevent any uncertainity...
View ArticleVadhvan port: India’s Rs 76,220 crore mega project drawing global attention
Maharashtra Deputy Chief Minister Ajit Pawar announced on Monday that the Vadhvan port in the Palghar district is set to become operational by 2030. While presenting the state’s annual budget, Pawar,...
View ArticleVizhinjam Port handles record 40 ships in 28 days, faces docking delays
Ships queue up at Vizhinjam International Port waiting to dock as the number of ships handled reached an all-time high of 40 ships and 75,000 containers in 28 days last month. However, as more than...
View ArticleVizhinjam Port gets environment nod for phase II, III development
Vizhinjam International deep-water multi-purpose Seaport has received the environmental clearance for the development of phase II and III. A report in this regard has been received from the Union...
View ArticleVadhvan port to be operational by 2030: Ajit Pawar
The Vadhvan port in Maharashtra’s Palghar district will be operational by 2030, Finance Minister Ajit Pawar said as he tabled his 11th state budget in the legislative assembly on Monday. He said...
View ArticleTurkish carriers launch VSA with joint service wooing Red Sea volumes
Turkish container carriers Turkon Line and Arkas Line seem to have scooped up significant India-Mediterranean volumes traditionally carried by established mega-carriers on Red Sea routes. Nhava Sheva...
View ArticleAdani Ports set for 14% revenue growth, targets 800 MMT cargo by 2030
Macquarie Equity Research has initiated coverage on Adani Ports and Special Economic Zone (ADSEZ) with an “Outperform” rating, highlighting the company’s strategic alignment with India’s growth...
View ArticleAdani Ports ‘evaluating’ international buys; ₹80,000 cr capex plans under-way
Adani Ports and Special Economic Zone Ltd (APSEZ) — India’s largest private port operator — is evaluating international acquisitions. The company has initiated discussions to secure partnerships in key...
View ArticleMatadi Gateway Terminal enhances infrastructure capacity
Matadi Gateway Terminal (MGT), International Container Terminal Services, Inc.’s (ICTSI) operation in the Democratic Republic of the Congo, is undertaking several key projects this 2025 to enhance...
View ArticleDP World Mundra starts first direct service connecting India to US East Coast
DP World has added a first direct service to the east coast of the United States from its Mundra terminal, enhancing north-west India’s connectivity with the world’s biggest economy. DP World, a...
View ArticleWISTA International board to convene in India for the first time with a focus...
For the first time in history, the Women’s International Shipping and Trading Association (WISTA) International Board will hold its mid-term meeting in India. This landmark event underscores WISTA’s...
View ArticleIndia makes ₹2 trillion investment to its maritime sector
One of the major goals is to make India one of the top 5 shipbuilding nations by 2047, with plans to expand shipbuilding capacity by adding 4 million Gross Registered Tonnage (GRT). To support this...
View ArticleKazakhstan, India strengthen ties via North-South Transport Corridor
Kazakh and Indian experts discussed trade relations and the role of the International North-South Transport Corridor (INSTC) in boosting economic ties during a special event on March 11 at Maqsut...
View ArticleCONCOR and TERI launch Green Logistics Centre
India’s logistics sector is set for a significant shift towards sustainability with a new partnership between Container Corporation of India (CONCOR) and The Energy and Resources Institute (TERI). The...
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