Mumbai Port Authority to develop marina in the sea on EPC mode, says Chairman...
Mumbai Port Authority, the state-owned entity that runs the port in Mumbai, plans to develop a marina in the sea with its own funds, dropping an earlier move to build it on land on the...
View ArticleGovt plans logistics parks in and around Vizhinjam
State govt has begun preliminary work to establish a network of logistics parks in Vizhinjam and its surrounding areas to support businesses related to the international transshipment port, which is...
View ArticleTolani sheds elderly supramax
Indian owner Tolani Shipping has offloaded one of its ageing supramax bulkers. The Mumbai-based outfit is reported to have sold the 2005-built Prabhu Mihikaa to undisclosed interests for $11.85m. The...
View ArticleWagon makers revenue to rise by 20% this fiscal: CRISIL
Wagon makers supplying to the Indian Railways are expected to roll in an approximately 20% revenue growth this fiscal, a statement from CRISIL ratings said. This is on the back of improved scale of...
View ArticleSwiss company supplies Ukraine-made wheels to Indian Railways
Switzerland’s KLW Wheelco has supplied 2,000 Ukrainian-make forged wheels to the Indian Railways in the past few weeks, said a senior Indian government official. This is the first such delivery from...
View ArticleTelangana Industries Minister unveils new CSafe facility in Hyderabad
Telangana’s Minister of Industries and Commerce Duddilla Sridhar Babu on Thursday (Sept 19, 2024) inaugurated the new Hyderabad facility of the temperature-controlled containers and solutions provider...
View ArticleWhy Indian ports are shifting from long-term partnerships to short-term...
State-owned major ports in India are increasingly adopting the operation and maintenance (O&M) model as an alternative to the public-private partnership (PPP) format for privatising cargo...
View ArticleShillong MP urges MHA to overhaul Dawki land port
Lok Sabha MP from Shillong, Ricky Andrew J Syngkon, has sought overhauling of the land port at Dawki along the Bangladesh border. He submitted a memorandum to Aditya Mishra, chairman of Land Port...
View ArticleIndia and South Korea streamline trade with electronically transferred Bill...
India and South Korea have begun electronically transferring bills of lading between their customs authorities, a decision that is expected to simplify business operations between the two countries, a...
View ArticleMore Indian-flag ships, lower port tariffs on the cards
The state-run Shipping Corporation of India (SCI) will acquire five new functional container ships and other agencies involved in export logistics like Container Corporation (Concor) and ports will...
View ArticleSCI to buy 5 container ships, enhance capacities
Shipping Corporation of India (SCI) has announced that it will charter container ships to significantly increase the container capacities. It will also buy five additional second-hand container ships...
View ArticleIndia’s drive to rein in container shipping charges faces hurdles as...
Indian government leaders have promised exporters some notable proactive steps to ease their supply chain pain points, but industry stakeholders remain sceptical about their winnability and value...
View ArticleDedicated freight corridor paves way for efficient freight transport and...
The Dedicated Freight Corridor (DFC), an initiative aimed at reducing logistics costs and enhancing the efficiency of India’s transport network, is now showing remarkable progress. Freight trains are...
View ArticleInterlinking river projects to unlock Rs 2 lakh crore business opportunities...
Interlinking river (ILR) projects in India could provide up to Rs 2 lakh crore in business opportunities for engineering, procurement, and construction (EPC) companies over the next four years,...
View ArticleMaritime makeover: India’s bold moves in global supply chains
On September 10, 2024, Abu Dhabi Crown Prince Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, during his visit to India, signed an agreement that soft-launched the work on the India-UAE Virtual Trade...
View ArticleAMTOI celebrates industry excellence and leadership transition at annual...
The Association of Multimodal Transport Operators of India (AMTOI), a pivotal organization representing the interests of logistics, shipping, and multimodal transport operators, recently announced the...
View ArticleEtihad Cargo celebrates twenty years of successful operations in India
Etihad Cargo is celebrating 20 years of operations in India, a milestone that reflects the airline’s ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over...
View ArticleAirlines load big cargo plans for India
Indian and international airlines are ramping up cargo operations in India, driven by booming exports, the “China Plus One” strategy, and the rapid growth of ecommerce. Key export sectors include...
View ArticleShipping industry to drive demand for Green Ammonia: Avaada Chairman
The shipping industry is expected to drive the largest demand for green ammonia and green methanol, both derivatives of green hydrogen, in the coming years, Avaada Group chairperson Vineet Mittal said....
View ArticleVadhavan Port project moving onto the next stage
According to the government, the Project will be constructed by Vadhavan Port Project Limited (VPPL), an SPV formed by Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) with a...
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