Kolkata Port begins direct container vessel service connecting Malaysia,...
The Haldia Dock Complex (HDC) of Syama Prasad Mookerjee Port (SMP), Kolkata has commenced direct container vessel service connecting Malaysia, Haldia and Myanmar. An issued statement by the port on...
View ArticleRussia and China plan JV shipping line for year-round service on the NSR
Continuing forward with Russian President Vladimir Putin’s imperative to develop the Northern Sea Route as an alternative means of transporting cargo, Rosatom which oversees the NSR and a Chinese...
View ArticleWan Hai and Cosco launch more transpacific services as rates soar
Wan Hai and Cosco have started new transpacific services in response to rising freight rates. Wan Hai’s new service, the Asia America I (AA1), connecting Shekou, Qingdao, Ningbo and Long Beach, began...
View ArticleSecond bridge disaster averted, as Baltimore prepares to reopen shipping channel
As a runaway ship threatened a second US bridge this week, Baltimore authorities announced that the Patapsco River was set to re-open at the weekend, following the removal of the last large piece of...
View ArticleContainers rolled as spot rates climb to dizzying heights
Container rates continue to soar with shippers increasingly anxious about cargoes being rolled. The Shanghai Containerized Freight Index (SCFI), out today, was up by another 140 points to 3184.87, its...
View ArticleIndia eyes Bangladesh’s Mongla port
India has expressed interest in operating the Mongla Port in Bangladesh and constructing a new terminal there amid China’s efforts to run the strategically-located port. India already has operational...
View ArticleCochin Shipyard reveals updates on new mega dry dock
Cochin Shipyard (CSL) has shared a new image highlighting the substantial progress made on its enormous new dry dock. This cutting-edge facility is nearing completion and is set to revolutionize...
View ArticleNHAI invites global bids for satellite-based electronic toll collection in India
The National Highways Authority of India (NHAI) has invited Global Expression of Interest (EOI) from innovative and qualified companies to develop and implement GNSS-based Electronic Toll Collection...
View ArticleGreat Eastern contracts to buy a 2013-built MR product tanker
Great Eastern Shipping Company has contracted to buy a Medium Range product tanker of about 49,990 dwt on 06 June 2024. The 2013 built vessel is expected to join the Company’s fleet by Q2 FY25. The...
View ArticleBRICS members need to strengthen transport connectivity to grow trade says...
India, Russia, Iran and other BRICS member countries need to collaborate in order to strengthen logistics and transport connectivity to reduce cost and time consumed in cross-border trade, said Dr...
View ArticleDhanbad div leads in freight loading during 2023-24FY
The Dhanbad railway division of East Central Railways on Friday claimed to have posted the highest amount of freight among all railway divisions during 2023-24 FY. The division claimed that it loaded...
View ArticleIndia offers $500 bn investment opportunities in clean energy
India offers huge investment opportunities worth over $500 billion, particularly in clean energy value chain including renewables, green hydrogen and EV, by 2030, the commerce ministry said on...
View ArticleOnion prices set to drop in the UAE as India allows more exports
India has permitted an additional export of 10,000 tons of onions to the UAE, aiming to stabilize prices ahead of Eid al-Fitr, a period marked by heightened demand for consumables, including vegetables...
View ArticleCDSCO cracks down on export licenses, antibiotic approvals
India’s central drug regulator continues to strategically close the loopholes and rejig India’s drug regulatory protocols, focusing on state licensing authorities and their duties. For instance, in a...
View ArticleCustoms seize used laptops, computer parts worth Rs 4.11 crore at Nhava Sheva
The Customs department seized 4,600 used laptops and more than 1,000 computer parts of various brands worth Rs 4.11 crore in Nhava Sheva, an official said on Monday. Based on a tip-off, officials of...
View ArticleAshwini Vaishnaw remains on track; retains Railways
Ashwini Vaishnaw will continue to be the Railway and IT minister in Prime Minister Narendra Modi’s Cabinet besides getting new key portfolio – Information and Broadcasting. As the railway minister, who...
View ArticleIndian traders demand resumption of border trade with China through Lipulekh...
Indian traders involved in border trade with China through the Lipulekh pass in Pithoragarh district since 1992, have requested the central government to take up the issue of resumption of border trade...
View Article‘India a big market; good to have stronger Lufthansa-Air India partnership’
India is a big aviation market and a stronger partnership between Air India and Lufthansa is good, as efforts of the Star Alliance are to bring the partners together to provide a unique value...
View ArticleIndia’s 12 major ports observe 4.45 per cent cargo volume growth in FY24...
India’s Ports and Shipping sector has been on a remarkable upswing lately. Whether it’s the external trade, expanding ports’ capacity, or the 7,517 kilometers of coastline dotted with over 200 ports,...
View ArticleJM Baxi filed price bid a minute late for cargo terminal tender at Deendayal...
Adani Ports and Special Economic Zone Ltd (APSEZ) claimed in a complaint to the Central Vigilance Commissioner (CVC) and the Ministry of Ports, Shipping and Waterways that J M Baxi Ports &...
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