2 ships with US defence cargo attacked off Yemen; Qatar says gas shipping...
Two American-flagged ships carrying cargo for the US defence and state departments came under attack by Yemen’s Houthi rebels on Wednesday, officials said, with the US navy intercepting some of the...
View ArticleTHE Alliance announces service network adjustments for 2024
The setup of THE Alliance’s network has been reconfigured to ensure a comprehensive port coverage. The enhanced service setup will be effective from April 2024. One of key highlights in 2024 will be...
View ArticleWe may see Russian icebreakers built in Indian shipyards: Sonowal
“We may see Russian icebreakers being built at Indian shipyards. These are encouraging possibilities of India-Russia Maritime Partnership,” Union Minister for Ports, Shipping and Waterways Sarbananda...
View ArticleIndo-Bangladesh connectivity via Tripura’s Maitri Setu likely to begin in...
Almost three years after its inauguration, India-Bangladesh Friendship Bridge -Maitri Setu over River Feni in Sabroom of South Tripura, the access point of Northeastern states to Chittagong seaport is...
View ArticleIsrael-Hamas war: India-to-Europe trade route stalls in Mideast turmoil
A far-reaching plan to channel Europe-Asia trade through the Middle East is at risk of stalling before it even gets started. The Israel-Hamas war has halted progress on what’s known as the India-Middle...
View ArticleBilateral trade between India and Russia likely to increase this year: Sonowal
Bilateral trade between India and Russia was at 50 billion US dollars in the last financial year and is expected to increase this year, said Union Minister for Ports, Shipping and Waterways, Sarbananda...
View ArticleMaersk to strengthen cold chain logistics footprint in India
A.P. Moller – Maersk (Maersk) broke ground for its upcoming Cold Store facility at Mehsana, Gujarat, in the western part of India. Being built exclusively for HyFun Foods, the brand-new facility will...
View ArticleGAIL Embarks First US LNG Cargo Sails to India, Boosting Energy Security
Gas Authority of India Limited (GAIL India) Urja LNG vessel embarked on its first laden voyage from Cove Point, USA, to the shores of India on January 22, 2024. Team GGULL, Cove Point LNG, and Mitsui...
View ArticleCargo vessel continues journey with assistance of INS Visakhapatnam
INS Visakhapatnam on rescuing the US cargo vessel M V Genco Picardy, which was attacked by Houthi drones in the Gulf of Aden while en route from Egypt to India. The incident happened on January 17....
View ArticleIndia’s Container Corp posts higher Q3 profit on growing cargo volumes
Container Corporation of India (Concor) reported a jump in third-quarter profit on Wednesday, supported by growth in volumes of cargo handled that eclipsed higher freight prices being passed to...
View ArticleIndia’s forex reserves fall $2.79 bn to $616.14 bn as of Jan 19
India’s foreign exchange reserves saw a dip of $2.79 billion to $616.14 billion for the week ending on January 19, latest data by Reserve Bank of India (RBI) showed on Friday. Previously, forex...
View ArticleGovt, RBI actively engaged on digital currency: FinMin Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Thursday said the government and the Reserve Bank are actively engaged in improving the central bank digital currency (CBDC) so that it can be used for...
View ArticlePM Gati Shakti: Three infrastructure projects worth Rs 9,600 crore...
Three infrastructure projects of roads and railways have been recommended for approval under the PM Gati Shakti initiative, said an official statement, on Thursday. These projects are worth Rs 9,600...
View ArticleVessel attacked in Gulf of Aden to dock in Tamil Nadu
A Marshall Islands-flagged merchant vessel, which was attacked by a drone in the Gulf of Aden last week, is set to dock at the Tuticorin port in Tamil Nadu after the Indian Navy’s explosive ordnance...
View ArticleMaersk to introduce Chennai service linking Ennore, Colombo and ports in...
Danish shipping company Maersk has increased its focus on the Indian sub-continent and the Middle East to address the challenge in the Red Sea and Suez Canal. It will launch a weekly Chennai service...
View ArticleMSC Announcement: temporary port rotation change − Gulf to SAEC String 1
Please take note of the announcements below: TEMPORARY PORT ROTATION CHANGE − GULF TO SAEC STRING 1 IMPORT MIDDLE EAST / INDIAN SUB-CONTINENT TO USA IMPORT MIDDLE EAST / INDIAN SUB-CONTINENT TO USA...
View Article44,000 TEUs of commodities shipped via Chabahar port in 10 months
As reported, this amount of shipment was conducted after equipping this oceanic port and providing up-to-date logistics facilities. As Iran’s only oceanic port on the Gulf of Oman, Chabahar Port holds...
View ArticleVishakhapatnam Port’s ₹57.26 Cr Coastal Preservation Project Begins
VPA has launched the initiative to preserve the coastal beauty and address beach erosion, thereby safeguarding the picturesque Ramakrishna Beach and the Submarine Museum. The three-year ₹57.26 crore...
View ArticleMaritime sector seeks more allocation, green ports to navigate growth
The government will present its Interim Budget for 2024-25 on February 1. Mulling the forthcoming elections scheduled between April and May 2024, it is expected that this Budget will remain intact...
View ArticleDeendayal Port Authority celebrates the 75th Republic Day
Deendayal Port Authority, Kandla commemorated the 75th Republic Day with fervor and patriotic spirit at the Sports Complex, Gopalpuri, Gandhidham. The ceremony graced by the esteemed presence of Chief...
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