DG Shipping warns seafarer families against fraudsters
In a recent advisory issued by the Digital General of Shipping in Mumbai, family members of seafarers are warned about an increasing number of scammers posing as law enforcement officials. The warning...
View ArticleUnder PM Modi’s leadership India’s ports undergo transformational changes...
Amidst the myriad of achievements attributed to Narendra Modi’s tenure as India’s prime minister, perhaps none shine as brightly as the nation’s infrastructure. From the construction of tens of...
View ArticleSindi dry port for exports to B’desh may take off after election results
The Sindi Multimodal Logistics Park, the pet project of Union minister for highways Nitin Gadkari which was inaugurated with a trial run on March 14 just before the poll code of conduct came into...
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India signs long-term bilateral contract on Chabahar port with Iran
Iran’s Ports and Maritime Organisation (PMO) will procure key cargo handling equipment for India-funded Chabahar port on behalf of India Ports Global Ltd (IPGL) and the purchase cost will be refunded...
View ArticleWith One-billion-ton cargo handling target, Adani Ports goes shopping for...
Adani Ports and Special Economic Zone Ltd (APSEZ) owned by billionaire Gautam Adani, plans to handle One billion ton of cargo over the next 5-6 years, a target that will push India’s biggest private...
View ArticleCONCOR starts DPD rail movement from Gateway Terminals India at Jawaharlal...
State-run rail hauler Container Corporation of India Ltd (CONCOR) has started evacuating direct port delivery (DPD) containers landing at Jawaharlal Nehru port by rail in a first of its kind initiative...
View ArticleChina remains leading import partner for India in FY24 at $101.74 billion
China retained its spot as top import partner for India in 2023-24 with goods inflows increasing 3.29 percent (year-on-year) to $101.74 billion, opposed to an overall 5.66 percent decline in the...
View Article‘Anyone considering business deals with Iran…’: US warns of sanctions after...
Hours after India signed an agreement to operate the Chabahar Port in Iran for 10 years, the United States has warned that “anyone” considering business deals with Tehran needs to be aware of the...
View ArticleIndian Class withdrawn on sanctioned Russian tankers
Russian shipping interests continue to shuffle around the registry details of their large crude tankers in an apparent effort to address the Western sanctions on vessels. Reuters conducted an analysis...
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Why Chabahar Port In Iran Is Important For India: Sarbananda Sonowal Explains
Following the signing of the long-term main contract for the development of Shahid Beheshti Port Terminal in Chabahar, Iran, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has said...
View ArticleIran, India to launch joint shipping company
The Iranian Minister of Roads and Urban Development Mehrdad Bazrpash said that an Iran-India joint shipping company will be launched soon. Mehrdad Bazarpash made the announcement on the sidelines of...
View ArticleCMA CGM implements new rates from Indian Subcontinent to North Europe
French ocean carrier CMA CGM has announced updated Freight All Kinds (FAK) rates, which will be effective from 1 June. The new rates will apply to shipments from the Indian Subcontinent to North Europe...
View ArticleFreight rates surge amidst rising demand and supply chain disruptions
Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of shipping rates from major Chinese...
View ArticlePakistan’s Gwadar port exposes China’s Belt and Road failure
In November 2016, Gwadar port symbolized stability, peace and prosperity for Pakistan — at least according to then-Prime Minister Nawaz Sharif. “This day is the dawn of a new era,” he told the opening...
View ArticleChabahar deal: US warns of sanctions against entities considering trade with...
Hours after India and Iran signed a long-term agreement for Indian operations at Chabahar port, the US has warned that all entities considering any business deals with Iran face the “potential risk of...
View ArticleLed by Adani Group, India saw robust deal-making activity in April: Report
India Inc saw robust deal-making activity in April, with three major domestic consolidations by the Adani Group valued at $2 billion, representing 38 per cent of the total deal values, a new report...
View ArticleChabahar Port development to help India expand trade routes; need to ensure...
The development of Chabahar Port will help India enhance its logistical capabilities and expand its trade routes to Central Asia and for that there is a need to ensure necessary infrastructure, and...
View ArticleArbitration matters related to Chabahar port to be referred to tribunal in...
India and Iran have agreed that matters requiring arbitration with regard to the operations of the strategically important Chabahar port will be referred to a three-member arbitration tribunal based in...
View ArticleAdani Logistics Borkhedi upgraded to Gati Shakti multi modal cargo terminal
In a move to propel Nagpur as one of India’s key logistics hubs, a Private freight terminal (PFT) to handle Container traffic, M/s Adani Logistics Limited, Borkhedi is migrated as Gati Shakti Multi...
View ArticleGlobal supply chains operating near maximum capacity
After four years of wild swings that included shortages and glut, global supply chains are now operating at near capacity according to the most recent GEP Global Supply Chain Volatility Index. The GEP...
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