Paradip port conducts ship-to-ship oil transfer safely
Paradip Port, Odisha’s lone major port, has successfully undertaken the first ship-to-ship special grade diesel oil transfer at its North Oil Jetty inside Harbour area to save on shipping costs as the...
View ArticleShip leasing in GIFT city to get a boost from variable capital company...
The central government’s planned ship owning and leasing entity will benefit from proposed permits given to companies with a variable capital company structure in the Union Budget 2024-25. Besides, the...
View ArticleRoad Ministry initiates GNSS-based toll collection pilot, Nitin Gadkari...
The Union Ministry of Road Transport and Highways has announced plans to pilot a global navigation satellite system (GNSS)-based toll collection system on select national highways , complementing the...
View ArticleGovt eases norms for EPCG license holders
The government on Thursday eased certain norms for licence holders of the Export Promotion Capital Goods scheme as part of its ease of doing business efforts. The EPCG scheme facilitates import of...
View ArticleFirst freighter aircraft carrying 22 tons of goods arrives in Goa’s Manohar...
The first freighter aircraft carrying 22 tons of goods that arrived at Manohar International Airport in north Goa has shown GMR Goa Air Cargo Logistic (GGACL) Terminal’s capability to handle...
View ArticleDeendayal Port Authority launches SAAGAR initiative with First Volume...
Deendayal Port Authority (DPA) proudly announces the introduction of its new incentive scheme, Strategic Actions to Aid Growth and Rewards (SAAGAR), designed to boost growth through volume commitments....
View ArticleTamil Nadu’s plan to privatise Cuddalore port collapse as bidders stay away
The Tamil Nadu Maritime Board has scrapped a tender to privatise the port located at Cuddalore as potential port operators stayed away from placing price quotations due to concerns over lack of...
View ArticleIran releases cargo of oil tanker St Nikolas: Shipping source
Iran has released the oil cargo of a Greek-owned, Marshall-Islands-flagged tanker it seized in the Gulf of Oman earlier this year, a shipping source told Reuters on Thursday. The vessel, M/T St....
View ArticleTyphoon Gaemi sinks cargo ship in Taiwan
General cargo vessel Fu Shun has sunk as Tyhpoon Gaemi causes devastation across Taiwan, with many other vessels also affected. Typhoon Gaemi has brought flooding, high winds and treacherous waves to...
View ArticleMV Huahine, vessel carrying largest cargo to India, arrives at Vizag port
MV Huahine, carrying 1,99,900 MT of manganese ore from Gabon of Central Africa, the largest cargo carried by a single vessel to any Indian port, arrived at the Visakhapatnam port on Thursday, July 25....
View ArticleFirst draft of revised direct tax code in 6 months: Revenue secretary
The Centre is working on a comprehensive review of the Direct Tax Code, which will be prepared by the internal committee and then shared for stakeholder consultation within the next six months, Sanjay...
View ArticleCtg port back to full-scale container operations
Chattogram port, the country’s primary trade gateway, has resumed full operations after a six-day hiatus, with container loading, unloading, and delivery back in full swing. During a visit to the port...
View ArticleHeavy rain harming exim ops, cargo piles up at ports
The recent spell of heavy rain in Kutch and Saurashtra has brought export and import operations to a grinding halt. In the last seven days, relentless downpours have caused severe waterlogging, making...
View ArticleMinistry of Ports receives 29 proposals worth Rs 3,300 cr from Andhra
Ministry of Ports, Shipping and Waterways has received 29 new proposals worth Rs 3,300 cr from Andhra Pradesh covering various projects, including port development and coastal berths, Parliament was...
View ArticleIndia’s first integrated agri-export facility to come up at Jawaharlal Nehru...
In a significant move to bolster India’s agricultural export and import capabilities, the Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal approved the Jawaharlal Nehru Port...
View ArticleGlobal Shipping Giants Turn Their Attention to Kerala’s Vizhinjam Port
The maritime world is abuzz with the recent developments at Vizhinjam port, where some of the globe’s leading shipping companies are gearing up for operations. This southern Indian port is emerging as...
View ArticleNew fears India’s Chabahar Port deal could run afoul of U.S. Iran sanctions
Almost two months after India signed a 10-year agreement to develop and operate Iran’s Chabahar Port, details have emerged that parts of the deal are being kept confidential to avoid U.S. sanctions....
View ArticleCOSCO Shipping names new eco-friendly 77,000 dwt multipurpose pulp vessel
COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has held a naming ceremony for a newbuild environmentally friendly 77,000 dwt multipurpose pulp vessel. The vessel was named...
View ArticleFire on international cargo ship: Coastal districts asked to take precautions...
Though the Indian Coast Guard has brought under control the fire onboard MV Maersk Frankfurt container vessel, about 40 nautical miles from Mangaluru, it has asked the Dakshina Kannada, Udupi and...
View ArticleCochin Port unions seek fund allocation to meet dredging expenditure
Cochin Port Joint Trade Union Forum has requested the Centre to grant fund allocation to defray the full dredging expenditure both for capital as well as maintenance of the channel. CD Nandakumar,...
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