DP World Cochin handles largest-ever container vessel MSC MARA
DP World has handled its largest-ever container vessel, MSC MARA at the International Container Transshipment Terminal (ICTT). With a length of 364 metres, a width of 51 metres and a capacity of 15,934...
View ArticleDocking of largest container ship shows Mundra Port’s unmatched capabilities:...
The docking of the largest container ship ever at an Indian port highlights Mundra’s unmatched capabilities and a testimony to the company’s nation building efforts, Karan Adani, Managing Director,...
View ArticleGreater Noida wants to be Detroit of North India. Noida has taught it what...
As the dusk settles over the Greater Noida sky, sparks fly like fireflies from a giant iron structure where workers are wielding the rods. Wearing a white safety helmet and goggles, one of them sitting...
View ArticleExamining the adoption of green trucking globally vs in India
The roar of diesel engines has long been the soundtrack of global trade, but with mounting environmental concerns, the transportation sector faces a crucial moment. Trucks, major polluters, need urgent...
View ArticleDedicated freighter services from Indian carriers can strengthen air cargo...
In February 2024, India’s Directorate General of Civil Aviation (DGCA) breathed new life into the Open Sky Policy — a move I believe holds immense promise for boosting efficiency and competitiveness in...
View ArticleCochin Shipyard building two CSOV’s for Cyprus-based Pelagic Partners
State-owned and Mumbai-listed Cochin Shipyard Ltd is building two so-called zero emission Commissioning Service Operation Vessels (CSOV’s) for Cyprus-based alternative investment fund manager H.M....
View ArticleReliance Industries to begin construction on India’s first multimodal...
Conceptualised 12 years ago, India’s first Multimodal Logistics Park at Mappedu near Chennai will see the limelight as Reliance Industries starts construction in June, according to multiple sources. In...
View ArticleCommerce ministry working on standard operating procedure for FTA negotiation
The commerce ministry held deliberations with experts, former officers and senior officials from different departments on framing a standard operating procedure for free trade pacts and other related...
View ArticleVizhinjam port: Breakwater a reality despite multiple setbacks during...
A major milestone has been reached in the development of Vizhinjam Port with the completion of its breakwater. The breakwater, a structure designed to protect the port’s berth from waves by placing...
View ArticleEcommerce driving contract logistics growth, but there is a threat
The global contract logistics market reported positive trends last year, and is expected to continue this upward trajectory, according to Transport Intelligence (Ti) – but challenging external...
View ArticlePLI scheme for shipping containers in the works amid global shortage
The government is working on a production-linked incentive (PLI) scheme for manufacturing shipping-grade containers, said an official in the know, seeking anonymity. In view of the growing concern...
View ArticleSingapore may eye Chabahar Port to create trade & transit corridor between SE...
Singapore, India’s strategic partner in Southeast Asia and a financial hub for the Indo-Pacific region, is keen to access resource-rich Eurasia through the India developed Chabahar port in Iran, whose...
View ArticleRate hikes on India-US trade routes in June
Container lines are preparing for rate increases on shipments from India to the United States, despite facing market challenges such as excess capacity. From mid-June, the cost to ship a container to...
View ArticleMSC announces new freight rates from North Europe to North Med
MSC has announced the following freight rates effective from 1 July 2024 (gate-in date) until further notice for all dry cargo from North Europe (NWC, Scandinavia, Baltic) to the North Mediterranean,...
View ArticleWorld’s largest cargo ship reaches Karachi port
The world’s largest cargo ship, MSC Anna, has reached Karachi port, marking a significant milestone in the port’s history. The colossal vessel, which arrived from India’s Port Mundra, anchored at...
View ArticleD2C boom in India fuels rise of tailored 3PL solutions: Redseer report
Owing to a significant growth in the D2C segment, third-party logistics (3PL) providers through their technological solutions and comprehensive and integrated services are making them indispensable...
View ArticleS&P Global upgrades India’s outlook to ‘positive’, affirms ‘BBB-’ long-term...
Taking note of robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised the outlook on India’s economy to ‘positive’ from ‘stable’. However, it retained the...
View ArticleMazagon Dock Shipbuilders autonomous system completes certification testing
Indian Register of Shipping (IRS) is pleased to announce its successful collaboration with Mazagon Dock Shipbuilders Limited (MDL) on the pioneering technology demonstration of Autonomous Navigation...
View ArticleQatar’s ruler looking to invest in energy, ports and high-tech in Cyprus,...
The emir of Qatar is looking to invest in energy and high-tech in Cyprus – projects seen as having a strong economic potential, a Cypriot official said Tuesday. Sheikh Tamim bin Hamad Al Thani, who...
View ArticleCommerce Department fine tuning strategy for negotiating FTAs
The Commerce Department is working on finetuning the strategy and position to be adopted for negotiating free trade agreements (FTAs), including tackling of contemporary issues such as labour,...
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