Ship that caused deadly Baltimore bridge collapse to be refloated and moved
The container ship that caused the deadly collapse of Baltimore’s Francis Scott Key Bridge is scheduled to be refloated on Monday and moved to a nearby marine terminal. The Dali has remained at the...
View ArticleTCI aims to expand overseas, targeting leading logistics role in South Asia
Transport Corporation of India (TCI) is looking at expanding its overseas operations in the Middle East and Sri Lanka in 2024-25 and become a major logistics player in South Asia, its managing director...
View ArticlePanama Canal slowly returning to normal to help ships transit
There is some good news for trade using maritime transport with the Panama Canal, the 82-km waterways connecting the Atlantic Ocean with the Pacific Ocean, slowly returning to normal. The Panama Canal...
View ArticleAdani Ports awarded ‘Most Progressive Port’ by Global Forum
Adani Ports and SEZ Ltd. have been awarded the ‘Most Progressive Port/ Terminal Towards Sustainable 2024’ by a global organisation. The award recognises the company’s “valuable contributions made to...
View ArticleIndia maintains lead in ship recycling league
With less than two weeks to go until the results of the country’s election are expected, ship recyclers are relatively busy and prices are firming. GMS, the world’s largest cash buyer of end-of-life...
View ArticleEastern India suffered in past due to freight policy; now engine of growth:...
A policy aimed at making minerals priced at the same level across the country that existed for four decades up to 1992-93 weakened the incentive for industries to be set up close to mining regions,...
View ArticleGST working on registration mechanism for ‘shared warehouse’ for e-commerce...
GST authorities are working out a mechanism to deal with the taxation and registration issues related to shared warehouses maintained by e-commerce companies, where multiple suppliers store their goods...
View ArticleJebel Ali port and free zone are playing their part expanding UAE-India CEPA
Over the past two years, the signing of the UAE-India CEPA deal has led to a notable transformative alliance between two economic powerhouses. The partnership is redefining the landscape of global...
View ArticleEXG handles heavy TBM for Patna Metro Rail project in India
Express Global Logistics (EXG), members of the Worldwide Project Consortium (WWPC) in India, have once again set new standards with the flawless completion of lowering two tunnel boring machines (TBMs)...
View ArticleULIP offers opportunity for Indian states to enhance logistics: DPIIT
Unified Logistics Interface Platform (ULIP) continues to spearhead the transformation of India’s logistics sector, offering opportunities for states to boost logistics, as per Rajesh Kumar Singh,...
View ArticleIndian industry may see more easing of FDI norms, lower tariffs: DPIIT
Once a new government is formed, more industrial sectors may see liberalisation in foreign direct investment (FDI) norms and the industry should prepare itself for a lower tariff regime in the long...
View ArticleImport-export through Hili land port halted
Export-import activities between Bangladesh and India through Hili land port have been suspended since this morning due to Buddha Purnima. However, the movement of travellers with valid passports and...
View ArticleRBI buys 1.5 times more gold in January-April than whole of 2023
The Reserve Bank of India added 24 tonnes of gold to its stock of reserves in four months from January to April this year as a hedge against volatility amid geopolitical tensions. This is reckoned to...
View ArticleGovt needs to further expand PLI scheme to make India ‘Global Drone Hub’: Report
The government needs to expand the production-linked incentive (PLI) scheme and develop an ecosystem to realise the goal of making India a global drone hub, a report said on Tuesday. An incentive of Rs...
View ArticleWan Hai Lines launches new South East Asia – India service
Wan Hai Lines is expanding its service network in India. In May 2024, Wan Hai Lines introduced the SI8 (South East Asia – India Service VIII), a direct service from Indonesia to West India. The...
View ArticleThe road ahead for Indian operations at Chabahar port in Iran
India and Iran are eyeing the next steps for implementing their long-term agreement for Indian operations at Chabahar port, including acquisition of equipment and steps to increase the use of the...
View ArticleAdani Group readies $3-billion investment to expand global port presence: Report
The Adani Group is gearing up with a $3-billion investment to bolster its port operations with an eye on the corridor than connects India to Europe, the Mint has reported. The move is aimed at...
View ArticleKochi Port welcomes LNG carrier
Kochi Port marked a significant milestone in its green initiatives with the docking of the LNG-powered container carrier, MSC ROSE. This 365-meter-long vessel, capable of carrying 15,500 TEUs, is the...
View ArticleGeorgia’s auto port has its busiest month ever after taking 9,000 imports...
The Georgia Ports Authority reported Tuesday that April was its busiest month ever for automobile shipments as the Port of Brunswick took in thousands of additional car and truck imports that needed...
View ArticleAPM Terminals Pipavav Q4 net profit declines 32.35% to ₹65.83 crore
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Wednesday reported a 32.35 per cent decline in consolidated net profit to ₹65.83 crore for the fourth quarter ended March 2024. The company had...
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