SeaLead links Far East, India and Djibouti with new service
SeaLead will launch a direct liner service, named Far East India Djibouti (FID) service, connecting China, India, and Djibouti, on 5 September 2024. The FID service will operate on a weekly basis. The...
View ArticleAdani eyes Kenya airport, sets up unit amid protests
Adani Enterprises has set up a company in Kenya to acquire and operate an airport in the African country as part of its expansion plans. The company, Airports Infrastructure, is looking to take over...
View ArticleBihar CM Nitish Kumar inspects ongoing expansion work of Patna airport
Bihar Chief Minister Nitish Kumar on Wednesday visited Patna’s Jayaprakash Narayan International Airport to inspect the ongoing construction of a new terminal and urged officials to complete the work...
View ArticleTVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada
TVS Industrial and Logistics Parks (TVS ILP) has expanded into the heart of Andhra Pradesh with a state-of-the-art warehousing facility in Vijayawada. Spanning 13 acres, this new warehouse represents...
View ArticleTransshipment at Indian airports not as efficient as they can be, says DPIIT...
Transshipment of cargo at Indian airports are not as efficient as they should be as security measures undertaken at airports hinder the smooth movement of air cargo, according to a senior official at...
View ArticleRailways achieves 653 mn tonne freight loading by Aug: Railway Board
The freight loading statistics for August 2024 highlighted the remarkable performance of Indian Railways as a total of 126.97 MT of freight was loaded in August alone, contributing to a cumulative...
View ArticleJNPA records highest ever monthly container traffic in Aug as exports surge
Jawaharlal Nehru Port Authority (JNPA) recorded the highest ever monthly container traffic as it handled 639,336 twenty-foot equivalent units (TEUs) in August 2024, an increase of 15.14 per cent on a...
View ArticleUpcoming Vadhvan Port attracting significant global interest: Sonowal
The upcoming Vadhvan Port in Maharashtra’s Palghar is attracting significant global interest and would create 12 lakh jobs once operational, Union Minister Sarbananda Sonowal said. The Ports, Shipping,...
View ArticleCentre notifies Galathea Bay as a ‘Major Port’
The centre has notified the international trans-shipment hub at Galathea Bay in the Andaman & Nicobar Islands as a ‘Major Port’. With this, the proposed Rs 44,000 crore mega project is officially...
View ArticleGovt weighs forming a new Shipping Services Company to help state-run firms...
The Ministry of Ports, Shipping and Waterways plans to set up a ‘Shipping Services Company’ outside government control based on the Petronet LNG Ltd model to help state-owned firms acquire and run...
View ArticleIndia to hold unique gathering of countries in Mediterranean region to push IMEC
India is set to host the inaugural gathering of countries surrounding the Mediterranean on Friday as it seeks to further the India Middle East Economic Corridor (IMEC), the ongoing Israel-Hamas...
View ArticleRailways’ freight up just 2.9% in April-Aug, lags budgeted pace
Indian Railways recorded a freight loading of 126.97 million tonne (MT) in August 2024, which is marginally higher than 126.95 MT of goods carried in the same month last year. In the first five months...
View ArticleAir India becomes first Indian airline to implement new distribution capability
Air India has announced it has successfully implemented the integration of New Distribution Capability, becoming the first Indian airline to go live with the latest technology in airline distribution....
View ArticleOcean freight carriers are ripe to compete in the air
It takes great skill in managing assets and planning long term to succeed as an ocean freight carrier. New ships are expensive, take several years to build and sail for decades. This type of long-term...
View ArticleDCBA elects new managing committee for 2024-26
In a significant development for the Indian customs brokerage industry, the Delhi Customs Brokers Association (DCBA) has elected a new Managing Committee for 2024-26. The election occurred during the...
View ArticleONE and SeaLead launch new Red Sea services
Both global line Ocean Network Express (ONE) and regional player SeaLead have announced new services calling at ports in, or at the entrance to, the Red Sea. Ocean Network Express (ONE) said is...
View ArticleContainer prices likely to decline in India as busy season starts
The sentiment around container prices has seen a marked shift from June to August 2024 among Indian supply chain professionals, according to a survey of 1,200 professionals by Container xChange, an...
View ArticleFitment committee defers decision on GST compliance for foreign shipping lines
The Fitment Committee, comprising of state and centre revenue officials has deferred its decision regarding Goods and Services Tax (GST) compliance issues for Foreign Shipping Lines (FSLs) in India....
View ArticleIndia-US container GRIs pushed back as demand falters
Container lines seem to be shelving plans to implement fresh rate increases on the India-US tradelane that has yielded them stronger-than-expected returns over the past two months. Indeed, CMA CGM has...
View ArticleGalathea container transhipment port to be built by SPV of J N Port,...
The planned international container transhipment port at Galathea Bay in the Great Nicobar Island, estimated to cost some Rs44,000 crores, will be built by a special purpose vehicle formed by four...
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