Ministry moves to allow port authority-run berths to set market rates
The Ministry of Ports, Shipping and Waterways has initiated steps to permit cargo berths/ terminals run by the state-owned major port authorities to set market rates, a senior Ministry official has...
View Article‘We intend to go through with tariff migration to market rates for old PPP...
The Ministry of Ports, Shipping and Waterways “intends” to permit old public-private-partnership (PPP) cargo terminals operating under a regulated set up to migrate to a market driven pricing regime to...
View ArticleKaushalya Logistics signs LOI with McDonald’s to boost retail business
Kaushalya Logistics Limited, a diversified conglomerate specializing in logistic support to the cement players, has signed a LOI with global quick-service restaurant giant McDonald’s to open a...
View ArticleRites bags order worth Rs 100-cr from Adani Ports & SEZ
Rites informed that it has received a letter of award (LOA) from Adani Ports & SEZ (APSEZ) to provide railway operation and maintenance services at the Dhamra Port Company. Meanwhile the company s...
View ArticleMaersk nears its ‘Equal At Sea’ 2027 Goal: Achieves 45% women cadets intake...
A.P. Moller – Maersk (Maersk), a global integrator of logistics, today announced a significant milestone under its ‘Equal At Sea’ initiative in India. With 45% of the Nautical and Engineering cadets...
View ArticleCargo villages planned at Parandur, Hosur airports
The new airport planned at Parandur, 60 km west of Chennai, will have a cargo village that will take care of the demands of the trade. It will also have direct connectivity to the upcoming multimodal...
View ArticleSISPA urges cotton warehouses in Tamil Nadu to support textile industry
The South India Spinners Association (SISPA) has made a significant appeal for the establishment of cotton warehouses in Tamil Nadu, highlighting the state’s pivotal role in the nation’s textile...
View ArticleContainer train traffic begins from Gangaikondan
Madurai railway division commenced container train traffic from its Gangaikondan yard on Thursday, loading solar panels from Tata Power Solar Limited based in Gangaikondan Industrial Estate,...
View ArticleAntara Cruises to launch service from Kolkata to Varanasi
After Prime Minister Narendra Modi flagged off the MV Ganga Vilas from Varanasi last year, Antara Cruises is all set to launch service from Kolkata to Varanasi. Antara Cruises, owners of the MV Ganga...
View ArticleCochin Shipyard seeks global O&M partner to run the newly opened ship repair...
State-run Cochin Shipyard Ltd is seeking a global operations and maintenance (O&M) partner to run its newly opened international ship repair facility at Cochin Port for 30 years, the shipbuilder’s...
View ArticleDHL Express announces 7% price hike for 2025 in India
DHL Express, the world’s leading international express services provider, announced price adjustments that will take effect on January 1, 2025. The average increase in India will be 6.9 percent, says...
View ArticleIndian government intervenes to help exporters facing higher costs
Frustrated by high shipping costs, India’s exporters have won some government support – albeit a little belatedly, as supply-demand dynamics have begun to settle. Container Corporation of India...
View ArticleNumber of Indian women seafarers in workforce rise 7-fold: Maersk
Integrated container logistics firm Maersk on Friday said the number of Indian women seafarers in its workforce in India has grown more than seven-fold to over 350 in the last three years, driven by...
View ArticleIndia’s warehousing sector expands as global supply chains shift from China
India has witnessed a remarkable surge in warehousing demand across key sectors, with figures rising from 15% in 2019 to 25% in 2024. This increase is primarily driven by favorable government...
View ArticleFCI boosts storage capacity with six new Silo Projects under PPP model
The Food Corporation of India (FCI) has significantly bolstered its storage and transportation infrastructure by developing six cutting-edge silo projects across Bihar, Punjab, and Gujarat. This...
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Deendayal Port Kandla sets new record for salt handling
Deendayal Port Authority, Kandla continues to reinforce its position as a trade-friendly hub, achieving yet another milestone in cargo handling. On 22nd September 2024, DPA Kandla set a new record by...
View ArticleMormugao Port’s game plan for a green future
The first port in India to introduce green ship incentives, the Mormugao Port Authority, Vasco, is aiming to become an environment-friendly port of the future, finds out Shoma Patnaik In the limelight...
View ArticleIsrael strikes Houthi-controlled port, power plants in Yemen
The Israeli military said on Sunday it was striking several Houthi rebel targets in Yemen, including power stations and a seaport, using dozens of aircraft. The strikes came a day after the Iran-backed...
View ArticleKerala launches logistics park network
Looking out for the businesses connected to the soon-to-be operational Vizhinjam International Transshipment Port, the state government of Kerala is taking significant initiatives, including the launch...
View ArticleExport crisis is real
India’s merchandise exports are facing a serious slump, with no real prospect of a meaningful recovery in the medium term. Shipments shrank 3.1% in FY24, a rarity for an emerging economy like India....
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