Economic Survey Identifies Areas For Further Growth: PM Narendra Modi
Prime Minister Narendra Modi on Monday said the Economic Survey highlights the prevailing strengths of the economy and identifies areas for further growth and progress as “we move towards building a...
View ArticleCochin Port set for comprehensive development
Cochin Port is set to witness comprehensive development in connectivity, logistics and infrastructure. Cochin Port Authority (CoPA) will prepare a detailed master plan for the development and it has...
View ArticleAnother huge mothership to arrive at Vizhinjam
The mothership of MSC, the world’s largest shipping company, is likely to arrive at the Vizhinjam International Seaport soon. MSC Roma, headed for Colombo from the port of Le Havre in northern France,...
View ArticleIndia stuns China in Bangladesh, wins rights to operate terminal of Mongla port
In a major strategic victory over China, India has secured operational rights of a terminal of Bangladesh’s Mongla port in the Indian Ocean. As per experts, it will give a major boost to India’s...
View ArticleIndia will be a major shipping industry in 25 years, says Sonowal
Union minister Sarbananda Sonowal praised the newly presented union budget 2024 for its measures aimed at bolstering the shipping and cruise industry. Speaking to the media, Sonowal outlined the...
View ArticleHapag-Lloyd applies US$1,000 GRI from Indian Subcontinent and Middle East to...
Hapag-Lloyd has announced a General Rate Increase (GRI)/ General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to North America. The GRI will apply to cargo transported in 20’ and...
View ArticleHapag-Lloyd updates South East India-Europe Express service
German ocean carrier Hapag-Lloyd has announced changes in its South East India – Europe Express (IEX) service. Starting at the end of July, Hapag-Lloyd will stop calling at Le Havre, France and...
View ArticleGovernment to implement ship ownership, leasing and flagging reforms, says FM...
The government will implement ship ownership, leasing and flagging reforms to improve the share of Indian shipping industry and generate more employment, Finance Minister Nirmala Sitharaman announced...
View ArticleVietnam’s seaport capacity to reach 1.4 billion tonnes by 2030
Vietnam’s cargo output through seaports is expected to reach 1.2-1.4 billion tons by 2030, according to the country’s detailed planning of seaports, harbours and water areas towards 2050 submitted by...
View ArticleGovt set to launch scheme to provide resting centres for long-haul truck...
Govt is set to launch a scheme to provide around 900 resting centers for long-haul truck drivers along highways, fulfilling a poll promise made by BJP. The resting places, located along petrol pumps...
View ArticleBhutan King, PM visit Adani’s 30 GW Renewable Energy site at Khavda & Mundra...
Bhutan King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay on Tuesday visited the world’s largest Renewable Energy (RE) site at Khavda in Gujarat which is operated by the Adani...
View ArticleHouthi sea-drone strikes on vessels require armed-guards review: India
India said the shipping industry needs to review the training being provided to armed guards because of an increased threat to commercial vessels from seaborne drones in the Red Sea. After the Houthis...
View ArticleKerala govt not very cooperative on railway projects: Vaishnaw
Union minister Ashwini Vaishnaw on Wednesday said the Kerala government has not been very cooperative on railway projects and emphasised that a lot more can be done in the state provided there is...
View ArticleGOX expands horizons with first freighter operation
Goa’s Manohar International Airport (GOX) – has reached a new achievement with its inaugural freighter operation. The GMR Goa team efficiently handled the first freighter flight, bringing in 25 tonnes...
View ArticleContainer ship capacity sees fastest growth in 15 yrs, up 11% in H124
A total of 264 ships with a combined capacity of 1.6 million TEU have been delivered from shipyards during the first half of 2024, two thirds more than during the first half of last year, according to...
View ArticleExports resume in Petrapole land port
After four days of impasse due to unrest in Bangladesh, trucks have once again resumed exports on Wednesday, in South Asia’s biggest land port Petrapole, located along the international border between...
View ArticleE-commerce export hubs: DGFT and DoR close to finalising framework for...
Setting up of the proposed e-commerce export hubs, highlighted in Budget 2024-25, is being expedited with the Directorate General of Foreign Trade (DGFT) and the Department of Revenue close to...
View ArticleIndian Oil oppose Cochin Port move to hike rates for LPG ships at MULT Jetty
Indian Oil has objected to the proposal of Cochin Port Authority to implement independent charges for LPG vessels berthing at MULT Jetty. At a stakeholders meeting, IndianOil representative pointed out...
View ArticleMSC Cruises, global biggies to set sail in India as favourable tax reforms...
Global cruise major MSC Cruises, based out of Geneva, has expressed willingness to start India operations post clarity of cruise vessel taxation rules in the Budget, Sarbananda Sonowal, Union Minister...
View ArticleGovt will come out with new shipbuilding policy soon: Shipping Minister
A day after Finance Minister Nirmala Sitharaman, in her budget speech, announced the Centre’s push for Indigenous shipbuilding, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on...
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