Oman’s Asyad Group launches Muscat Airport Free Zone tender
Asyad Group, Oman’s leading logistics provider, has officially announced the tender process for the initial phase of the Muscat International Airport Free Zone, signalling a significant step forward in...
View ArticleTwo tankers with Russia’s Urals oil idle for weeks off West Coast of India
Two tankers carrying Russian flagship Urals crude have been idling off the West Coast of India for more than three weeks without any indication of when they will unload. The Aframax tanker Crude...
View ArticleTata Steel to stop operations of coke ovens at Port Talbot plant
Tata Steel said on Monday it has decided to cease operations of coke ovens at the Port Talbot plant, in Wales, following a “deterioration of operational stability”. Coke ovens are manufacturing plants...
View ArticleAll eyes are now on the Indian Ocean region
While the Indian government’s focus from January 2021 was fixed on the Indo-Pacific with a sustained endeavour to strengthen the Quad, policy attention has shifted back to the Indian Ocean since...
View ArticleThe keel laying ceremony for the first Cadet Training Ship under the Indian...
Indian Register of Shipping (IRS), a leading international ship classification society, announced that the keel laying ceremony of the first Cadets’ Training Ship built under the IRS class was held at...
View ArticleWarehouse developers bet on India as companies look beyond China
Land is getting hard to find in a sprawling industrial park in southern India where workers are scrambling to build modern new warehouses and factories for companies betting on the country’s economic...
View ArticleShipping Corp of India edging closer to a VSA with USWC carrier
With its privatisation plan in limbo, Shipping Corporation of India (SCI) is making a renewed pitch to pump up its sagging container profile in the long-haul trades, according to industry sources. The...
View ArticleAPSEZ prepone capacity expansion of Vizhinjam Port to settle dispute with...
Adani Ports and Special Economic Zone Ltd (APSEZ) has agreed to expand capacity of the under construction international container transhipment port at Vizhinjam in Kerala by 2028, much earlier than the...
View ArticleCONCOR joins hands with CWC for supplementing logistics & warehousing in India
Container Corporation of India said that it has inked a strategic collaboration through a Memorandum of Understanding (MOU) with Central Warehousing Corporation (CWC) for driving innovation and...
View ArticleState-of-the-Art logistics park to boost Meghalaya’s economic growth
In a significant stride towards the infrastructural advancement of Meghalaya, Methina Farida Marak, the Nokma of Resu A’king, Resubelpara, has donated a land parcel spanning 106 acres to the Meghalaya...
View ArticleIndia will be self reliant in metals, mining sector: Pralhad Joshi
The post pandemic world and the ongoing energy transition has exponentially increased the significance and demand of minerals across the globe. At Global Metals and Mining event, senior stakeholders...
View ArticleIndia to Give $61.5 million grant to develop port in Northern Sri Lanka
In what is yet another instance of India’s growing role as a development aid partner for its neighbouring countries, New Delhi has decided to give a grant of $61.5 million to Sri Lanka to fully develop...
View ArticleBidders apprehensive over cost estimates for VOC Port outer harbour box...
V O Chidambaranar Port Authority’s plan to build a 4 million twenty-foot equivalent units (TEUs) capacity container terminal in the port’s outer harbour with an investment of Rs7,055.95 crores has...
View ArticleOcean Network Express adds Subic port to CTP service
Ocean Network Express is adding Subic port to its China Thailand Philippines service with the maiden call expected on March 26 With this change, ONE introduces an additional route linking Subic Bay to...
View ArticleRITES conducting feasibility studies on cargo volumes, missing rail links...
Leading railway PSU, RITES Ltd has emerged as a key contender among other Indian railway companies eyeing development along the strategic India-Middle East-Europe Economic Corridor (IMEC), RITES...
View ArticleAshok Leyland partners with Minus Zero for autonomous trucking
Hinduja Group flagship Ashok Leyland has announced a strategic alliance with Minus Zero, an autonomous driving technology startup. “This long-term partnership aims at revolutionising commercial...
View ArticleVadhavan Port: Environmental clearance received, now JNPA awaits cabinet...
With the Jawaharlal Nehru Port Authority (JNPA) receiving the environmental clearance (EC) for the proposed port at Vadhavan in Dahanu taluka of Palghar district, the authorities were contemplating to...
View ArticleAdani Vizhinjam Port Wins ‘International Safety Award’
Adani Vizhinjam Port Private Limited (AVPPL) has been honored with the prestigious ‘International Safety Award’ for 2023 by the British Safety Council, in recognition of its unwavering commitment to...
View ArticlePaytm FASTag can no longer be recharged; payments bank releases guidelines
With the RBI directive coming into force on March 15, the Paytm FASTag can no longer be used by vehicle owners for payment of toll on highways across the country. The RBI restricted Paytm Payment Bank...
View ArticleIndian shipping sector is vulnerable to geopolitical unrest. Build local,...
With conflicts raging in Ukraine, Taiwan, Israel, and Palestine, 2023 was marked with geopolitical unrest. It came with significant challenges for global logistics and supply chains. India’s goods...
View Article