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India to create local P&I club

India is to establish its own protection and indemnity (P&l) club, the latest part of the maritime jigsaw the Narendra Modi administration is creating in driving the country’s shipping ambitions....

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UPS to increase technology centres in India

UPS and Guidance, the Government of Tamil Nadu’s nodal agency for investment promotion and single window facilitation, signed an investment memorandum of understanding (MoU) at the Tamil Nadu Global...

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How Red Sea attacks put India’s trade at risk

The Gaza war has long posed the risk of escalating into a broader crisis for the global economy, and recent developments in the Red Sea are proving this concern to be valid. Yemen’s Houthi militants...

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Peak Season Surcharge (PSS) – Far East Asia to India Subcontinental countries

In order to keep providing you with our global services, Maersk is introducing the Peak Season Surcharge (PSS) for All 20 and All 40 containers Far East Asia to India Subcontinental countries...

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Ms. Aruna Nayar takes over as Secretary, Railway Board

Ms. Aruna Nayar, Indian Railway Personnel Service (IRPS) Officer of 1987 Batch and Level 16 empanelled IRMS officer has been appointed as Secretary, Railway Board and taken over charge on 06.01.2024....

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Govt announces ₹45000 crore investment to develop river cruise tourism

The ministry of ports, shipping, and waterways has announced a ₹45,000 crore investment to develop river cruise tourism, aiming to leverage India’s inland waterways for economic growth. This...

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Govt flags off ‘holistic’ review of ship age norms

Less than a year after it introduced age norms for ships, both Indian registered and foreign flagged, from calling at the country’s ports to load and unload cargo, the Directorate General of Shipping...

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BITS Pilani signs pact with Gati Shakti Vishwavidyalaya

BITS Pilani on Monday formalised a Memorandum of Understanding (MoU) with Gati Shakti Vishwavidyalaya to propel collaborative efforts in curriculum development, research and development, teaching,...

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Paradip Port to get major makeover; Rs 108 cr modernisation plan for fishing...

In a move aimed at uplifting the lives of fisherfolks, the Union Minister for Fisheries Parshottam Rupala and Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal will lay the...

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PSA Mumbai surpasses 2 million TEU mark in 2023: celebrating a milestone...

PSA Mumbai, located in Jawaharlal Nehru Port (JNP) in Maharashtra, one of the leading container terminals in India, is proud to announce that it handled over 2 million TEUs in 2023. The container...

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Welspun One inks pact with TN govt, proposes Rs 2,000 cr investment

Welspun One on Monday said it has inked an initial pact with the Tamil Nadu government for a proposed Rs 2,000-crore investment in the state over the next five years. This comes on the back of a...

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DP World and Canpotex announce long-term agreement

DP World, a global logistics and trade solutions leader, is pleased to announce a five-year management contract with Canpotex for operations at their terminal in Saint John, New Brunswick. Canpotex,...

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Greenbase to invest Rs 1,000 crore to develop industrial parks around Chennai

Greenbase Industrial & Logistics Park, a joint venture between Niranjan Hiranandani Group and Blackstone, will invest Rs 1,000 crore over the next two years to develop new industrial parks around...

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Adani Group signs pact for Rs 42,700 crore investment in Tamil Nadu

The Adani Group has inked Memorandums of Understanding (MoUs) with Tamil Nadu for investments exceeding Rs 42,700 crore at the Global Investors Meet 2024. The largest chunk, Rs 24,500 crore, will be...

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Gujarat to develop 10 new major ports in the next 25 years

Gujarat, the state with the longest coastline in India, is eyeing to boost its port infrastructure by developing 10 new major ports in the next 25 years. The Gujarat Maritime Board (GMB), the nodal...

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Kolkata Port in talks with Bangladesh government for dry bulk cargo export

To ensure there is no pilferage during transhipment operations of dry bulk cargo during export, officials of the Syama Prasad Mookerjee Port Trust, Kolkata, are learnt to have recently got in touch...

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Land ports to be gender friendly, inclusive in next 3 years: Land Port...

Land Port Authority of India (LPAI) Chairman Aditya Mishra on Tuesday conveyed the vision of his department to make land ports also known as Integrated Check Posts (ICPs) “gender friendly, neutral and...

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Lakshadweep: India plans new airport at Minicoy for civilian, military flights

The Lakshadweep archipelago is set to get a serious boost to its infrastructure needs. With Prime Minister Narendra Modi’s recent visit to Lakshadweep triggering an overwhelming interest of tourists in...

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Green ammonia could decarbonize 60% of global shipping by 2050, study reveals

Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows. The study was published today in IOP...

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What an ‘India Club’ means for the country’s shipping industry

India plans to set up its own protection and indemnity (P&l) entity—the India Club—for providing insurance to ships operating in Indian coasts and waterways. Currently, the shipping industry relies...

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