J N Port plans agri processing and storage facility to boost exports
State-owned Jawaharlal Nehru Port Authority (JNPA) plans to build an export oriented agricultural produce processing and storage facility with private funds at Sheva, Raigad in Maharashtra as it aims...
View ArticleWorld Bank keeps India’s FY25 GDP growth estimate unchanged at 6.4%
The World Bank on Tuesday kept its FY25 economic growth projection for India unchanged at 6.4 per cent, mainly on account of strong domestic demand, rising public infrastructure spending and strong...
View ArticleReduction of logistics cost is a big macro turnaround for India
India’s logistic costs declined by almost 1 per cent last decade. Costs ranged between 7.8 per cent and 8.9 per cent during 2021-22, down from 8.7 per cent and 9.9 per cent during 2011-12, according to...
View ArticleVibrant Gujarat Summit: Ambani, Adani, Suzuki pledge billions in investments
Top industrialists, including Reliance Industries Ltd chairman Mukesh Ambani, Adani Group founder Gautam Adani and Suzuki Motor Corp. President Toshihiro Suzuki, unveiled investment plans worth more...
View ArticleGujarat CM discusses APM Terminals’ expansion plan at Pipavav Port
Gujarat Chief Minister Bhupendra Patel held a meeting with the CEO of Netherlands-headquartered port operating company APM Terminals, Keith Svendsen, during the ongoing Vibrant Gujarat Global Summit in...
View ArticleDP World to build container terminal in Gujarat, says chairman Sultan Ahmed...
Global logistics management and services firm DP World will build a container terminal in Gujarat and is committed to further investments in India, the company’s Chairman Sultan Ahmed bin Sulayem said...
View ArticleExporters demand measures to regulate freight charges
The Kerala Exporters’ Forum has asked the Central government to immediately constitute a regulatory authority to control export freight charges that have escalated due to the Red Sea crisis. In a...
View ArticleFCI to build 3.4 MT wheat silos under PPP mode in next 18 months
The Food Corporation of India (FCI) is aiming to construct wheat silos with combined capacity of 3.4 million tonne (MT) across the country in the next one and half years, under the public private...
View ArticleAPM Terminals pledges Rs 3,320 crore for expanding Pipavav Port as concession...
APM Terminals Management B V-controlled Gujarat Pipavav Port Ltd has pledged Rs3,320 crores to expand the cargo handling capacity of the private port located at Pipavav and has sought “necessary...
View ArticleDP World quoted more than five times the royalty assessed by Deendayal Port...
Dubai government-owned global port operator DP World Ltd quoted more than five times the royalty internally assessed by Deendayal Port Authority to win a tender to build a 2.19 million twenty-foot...
View ArticleGreat Eastern Shipping teams up with Harbor Lab
India’s largest private shipping company Great Eastern Shipping Co. Ltd. has joined forces with Greece-based maritime software company Harbor Lab in a digitalization partnership aimed at optimizing...
View ArticleWEC Lines launches new direct service between UK and Morocco
Starting this month, shipping operator WEC Lines is launching a direct service connecting Agadir in Morocco with the Port of Liverpool in the United Kingdom. This initiative provides a fast and...
View ArticleMPA selects partners for vessel charging trials in Singapore
The Maritime and Port Authority of Singapore (MPA) has selected the Pyxis Energy, Pyxis Maritime and SP Mobility partnership, Seatrium O&G (International) and Yinson Electric for their vessel...
View ArticleIsraeli logistics start-up plans to connect Dubai and Haifa ports via land to...
While shippers face delays in sending cargo to Europe and vice-versa due to the Houthi Red Sea crisis, Israeli logistics start-up Trucknet has a solution — move cargo by road between Dubai and the...
View ArticleMahindra World City, Chennai signs MoU with Government of Tamil Nadu,...
Mahindra World City Developers Limited (MWCDL) has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to enable and facilitate investments in excess of INR 1000 Crore over the...
View ArticleGovt gives a big push to maritime cluster project
The Konkan Maritime Cluster, Verna, which had been in a slow mode since its launch in 2020, has at last started making a headway in the new year as the government has floated tenders for supply of...
View ArticleFirst cruise ship of new year arrives at New Mangalore Port
The first cruise ship of the new year, ‘M S Riviera’ arrived at New Mangalore Port (NMP), the port authorities said. This is the fourth cruise vessel docking at the port here during the current season....
View ArticleFinance Minister Sitharaman highlights GIFT City’s role in India’s financial...
Finance Minister Nirmala Sitharaman on Thursday said that the Gujarat International Finance Tec-City (GIFT City) can play a pivotal role in realizing India’s vision of becoming a developed country by...
View ArticleShiprocket partners with Dependo for inter-city logistics
Shiprocket has joined hands with Dependo, a growing logistics service provider, in a strategic partnership to enable Indian merchants with intercity same/next-day delivery. The partnership between...
View ArticleDFC from Dadri to Vetarna to be completed by March: Ashwini Vaishnaw
The Dedicated freight corridor from Dadri to Vetarna will be completed by March this year and this will mark the completion of the DFC in the state. The Union Minister Ashwini Vaishnaw held a meeting...
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