Netherland frigate anchored in Mumbai port for four days sails towards East Asia
His Netherlands Majesty’s Ship (HNLMS) Tromp reached the Bombay Port Trust on April 25 after spending almost a month in the Red Sea region, which at present is witnessing a large-scale military crisis...
View ArticleIndia, US to expand naval ship repair network
The US and India are auditing Kolkata port as they eye a new Master Ship Repair Agreement (MSRA) that will allow US warships to access repair services at the port, according to persons aware of the...
View ArticleFreight rate slide on trades out of India continues as exporters bet on new...
Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average...
View ArticleIndian trade disrupted as port congestion forces liner services to skip calls
Container lines are wrestling with growing service reliability challenges on connections out of India – the longer journey around southern Africa and congestion problems at hub ports en-route,...
View ArticleIndia, Maldives hold talks to enhance bilateral trade cooperation
India on Wednesday said it looked forward to strengthening bilateral economic cooperation with the Maldives as its envoy held discussions with a senior minister of the archipelagic nation. Mohamed...
View ArticleIndo-Lanka passenger ferry service to resume on May 13
The passenger ferry service between India’s Nagapattinam and Kankesanthurai (KKS) in Jaffna is scheduled to resume on May 13, Controller General of Immigration and Emigration I.S.H.J. Ilukpitiya said....
View ArticleCommissioning of India’s Chhara LNG terminal delayed
India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal in Gujarat. LNG Prime reported on April 15, citing shipping data,...
View ArticleDelhivery launches all-women hub in Sikar, boosting diversity in logistics
Homegrown logistics service provider Delhivery has recently inaugurated an all-women hub in Sikar, Rajasthan, marking another step towards the company’s goal of enhancing women’s participation and...
View ArticleBOOTES and CargoPeople unveil net-zero cold storage initiative
BOOTES, India’s Net-Zero company, and CargoPeople, a prominent multimodal logistics firm, have joined forces to introduce the net-zero cold storage initiative, an endeavour aimed at addressing the...
View ArticleQatar ports record brisk cargo and RORO movement month-on-month in April:...
Qatar’s maritime sector witnessed a strong double-digit growth in cargoes and vehicle imports (RORO) through its Hamad, Doha and Al Ruwais ports in April this year, according to Mwani Qatar. The...
View ArticleFirst container ship arrives at Port of Baltimore a month after the bridge...
The Port of Baltimore marked a key milestone on April 28, when the first container ship since the Francis Scott Key Bridge collapse arrived at Seagirt Terminal, signaling a step toward recovery from...
View ArticleRailTel signs MoU with tech firm for KAVACH implementation projects in India,...
The railways on Wednesday inked an agreement with a tech firm for “exploring and delivering” train collision avoidance system KAVACH implementation projects in India as well as other countries,...
View ArticlePvt ports outpace major peers in FY24, register double-digit growth
India’s private ports continued to outperform those owned by the central government in 2023-24 (FY24), registering double-digit growth compared to a 4.45 per cent growth for major ports, according to...
View ArticleAdani Ports’ net profits jump 50% in 2023-24, registers threefold cargo growth
Adani Ports and Special Economic Zone on Thursday reported that its Profit After Tax or net profits during the just-concluded financial year 2023-24 grew by a whopping 50 per cent to Rs 8,104 crore....
View ArticleAdani Ports guides for Rs 10,500-11,500 cr capex in FY25, banks on Gopalpur...
Billionaire Gautam Adani’s Adani Ports and Special Economic Zone is planning to incur a capital expenditure in the range of Rs 10,500-11,500 crore in FY25 and is hoping that Gopalpur Port acquisition...
View ArticleAdani Ports eyeing expansion in Philippines
Adani Ports and Special Economic Zone Limited (APSEZ Ltd.) is now eyeing to expand its operations in the Philippines. Karan Adani, APSEZ Ltd. Managing Director disclosed this during his courtesy call...
View ArticleCMA CGM PSS – from Asia & India to Mauritius
CMA CGM informs its customers of the following Peak Season Surcharge (PSS) from May 15th, 2024 (loading date) until further notice: – Origin range: From China, South East Asia, North East Asia, India...
View ArticleIndian yard launches vessel duo destined for work at offshore oil fields
Ship classification society Indian Register of Shipping (IRS) has confirmed the launch of two vessels at the San Marine yard in Kakinada. The 34-meter-long sister tugs, Sonalika and Sarovar, are said...
View ArticleAmazon India launches ‘Sushruta’, a wellness program for truck drivers
E-commerce platform Amazon India has launched Sushruta, a health and wellness program for truck drivers that work with the US e-commerce giant, the company shared in a press release on Thursday. Amazon...
View ArticleGlobal organisations project robust growth outlook for India
India is poised to carve out a prominent role in shaping the future of the world economy. India will surpass Japan and Germany in 2025 and 2027 respectively, attaining the position of 4th largest in...
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