India developing Chabahar Port holds ‘great value’ to landlocked Central...
The progress made by India in developing Iran’s Chabahar Port not only holds “great value” to landlocked Central Asian states but also “de-risks” commerce between India and Eurasia, Prime Minister...
View ArticleIndia’s warehousing and logistics sector attracts $2.5 billion in Q2 2024,...
As India aspires to energise its land bank to scale up the efforts for boosting the manufacturing and services economy, warehousing and logistics have become a newfound love, attracting foreign...
View ArticleMangaluru International Airport commences international cargo operations
Mangaluru International Airport on July 2, 2024, commenced international cargo operations from its integrated cargo terminal with flight IX 815 ferrying 2522kgs of fruits and vegetables to Abu Dhabi....
View ArticleFedEx Freight up for grabs? But who’s big enough to take it on?
FedEx Freight, the less-than-truckload unit of FedEx, appears to be heading for some kind of divestment. In an earnings call in the wake of its latest quarterly results, FedEx president and CEO Raj...
View ArticleRed Sea crisis expands airfreight services; increases cost
In a surprising turn of events, the ongoing Red Sea crisis has inadvertently boosted India’s air freight industry, potentially accelerating the country’s progress towards its ambitious target of 10...
View ArticleCMA CGM implements new peak season surcharges from India to Africa
French ocean carrier CMA CGM has informed its customers about an upcoming Peak Season Surcharge. Starting from 15 July 2024 (gate-in date) until further notice, the surcharge will apply to cargo...
View Article“Port of the Future” conference held by Mormugao Port Authority and...
Mormugao Port Authority and Directorate General of Lighthouses and Lightships under the Ministry of Ports, Shipping & Waterways (MoPSW), Government of India, jointly organized a one-day conference...
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Bunker demand across Indian, Sri Lankan ports mixed in June amid seasonality
Bunker demand for very low sulfur fuel oil at Indian ports remained mixed in June with the arrival of the Southwest monsoon. West-coast India, which makes up for most of the bunker demand in the...
View ArticleRailways’ Freight Revenue Increases by 11.12% in June 2024
In June 2024, Indian Railways earned Rs 14,798.11 crore from freight, marking an improvement of approximately 11.12% compared to Rs 13,316.81 crore in the same month last year, as per a statement from...
View ArticleShipping delays surge at Singapore Port
The number of vessels arriving at the Port of Singapore (2,303) last month increased 66 percent compared to May 2023. Through May, Singapore has seen nearly 50 percent more vessels in 2024 compared to...
View ArticleCEVA Logistics welcomes Bolloré Logistics, unites under one brand
CEVA Logistics and Bolloré Logistics will move forward under one unified brand—CEVA Logistics—in offering a breadth of services in air, ocean, ground and rail transport, contract logistics, finished...
View ArticleCONCOR unveils e-Logistics App
CONCOR has unveiled an e-Logistics App: Revolutionizing First Mile Last Mile (FMLM) Services. CONCOR has developed an e-logistics mobile app (CONCOR e-Logistics App -Customer) for providing seamless...
View ArticleShipping ministry to expand shore-to-ship power initiatives, eyes new project...
The Ministry of Ports, Shipping and Waterways plans to expand its shore-to-ship power infrastructure and revise policy guidelines so that all ports in India — both major and non-major — have the...
View ArticleIndian Register of Shipping and Indian Institute of Technology Bombay sign...
Indian Register of Shipping (IRS) and Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MOU) aimed at advancing maritime safety through the development of a...
View ArticleAdani Ports and Special Economic Zone set to win clean cargo terminal deal at...
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator, is set to win the rights to run a 5.7 million tonne (mt) capacity multipurpose terminal for handling clean...
View ArticleCCEA asks J N Port Authority not to give corporate guarantee during fund...
The Cabinet Committee on Economic Affairs (CCEA) has directed Jawaharlal Nehru Port Authority not to “offer any corporate guarantee” while raising funds for building a mega port at Vadhavan near Dahanu...
View ArticleJNPA to pump in ₹100 crore to set up shore-power for ships; India’s first,...
“On a pilot basis, we plan to provide shore electric power supply to ships that berth at one of our terminals at Jawaharlal Nehru Port. This will be the first such project in India,” Unmesh Wagh,...
View ArticleBangladesh delegation visits Vizag port to explore trade opportunities with...
A 10-member delegation from the Ministry of Shipping, and the Ministry of Home Affairs, Bangladesh, led by S.M. Mostafa Kamal, Joint Secretary (Shipping), and Sheikh Saleh Ahammed, Joint Secretary...
View ArticleIndia’s major ports see 4% traffic growth in Q1FY25, led by coking coal...
Cargo handling, including container traffic movement, across India’s major ports has seen a 4 per cent rise y-o-y to 209 million tonnes (mt) in April-June of this fiscal year (Q1FY25), primarily on...
View ArticleDhaka, Delhi explore each other’s port use for trade with third countries
Bangladesh and India want to use each other’s ports for trade with third countries, and as part of the plan, a delegation left Dhaka on Saturday to visit such facilities in the neighbouring country and...
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