India to tighten process of checking authenticity and validity of P&I cover...
The Directorate General of Shipping will mandate Indian port authorities to implement a comprehensive process for checking the authenticity and validity of the Protection and Indemnity (P&I)...
View ArticleState Ports submit Rs 2 lakh crore expansion plans to boost India’s cargo...
State government-controlled ports in India, which handle nearly half of the country’s total cargo movement, have put forward capacity expansion plans worth over Rs 2 lakh crore to the central...
View ArticleExports rise marginally in September, trade-deficit at 5-month low
India’s trade deficit narrowed to a five-month low of $20.78 billion in September 2024 as goods exports grew a nominal 0.5 per cent (year-on-year) to $34.58 billion, after a two-month consecutive fall,...
View ArticleTrade unions oppose ‘privatasiation’ of Vizag Port’s Golden Jubilee Hospital
The representatives of all party trade unions of Visakhapatnam Port on Wednesday staged a protest at the Port Administrative Office Building (AOB), demanding cancellation of the ‘pre-bidding meeting’...
View ArticleCalcutta, Haldia report 8.7 per cent deceleration in cargo handling
Ports at Calcutta and Haldia underperformed major port peers in the first half of the fiscal by a wide berth, with the duo recording a deceleration of 8.7 per cent on a combined basis in terms of cargo...
View ArticleCRISIL Ratings reaffirms ratings of Knowledge Marine at ‘BBB’ with ‘stable’...
Knowledge Marine & Engineering Works (KMEW) said that CRISIL Ratings has reaffirmed its ‘CRISIL BBB/Stable/CRISIL A3+’ ratings on the bank loan facilities of the company. The ratings continue to...
View ArticleRijeka Gateway welcomes its first STS cranes
Rijeka Gateway, a joint venture between APM Terminals and ENNA Logic, has received the first two STS cranes from Chinese manufacturer ZPMC. The cranes were dispatched from ZPMC’s Changxing branch back...
View ArticleChina, Pakistan to enhance connectivity of Gwadar Port
China and Pakistan agreed to solidly enhance connectivity between the Gwadar Port and other parts of Pakistan, said a joint statement issued here Tuesday during Chinese Premier Li Qiang’s official...
View ArticleBoosting India’s transport sector: Indian Bank and Tata Motors partner for...
The commercial vehicle sector in India is poised to benefit significantly from a recent partnership between Indian Bank and Tata Motors, aimed at addressing the financing challenges faced by fleet...
View ArticleIndia’s forex reserves fall by $10.75 billion to $690.43 billion
Declining for the second straight week, India’s forex reserves dropped USD 10.746 billion to USD 690.43 billion for the week ended October 11 in one of the largest decreases in the kitty in recent...
View ArticleDigital shift exposes Indian logistics to cyber risks
As India’s logistics industry rapidly embraces digitalisation, it faces an increasing threat from cyber attacks. The sector, which forms the backbone of supply chains, is increasingly becoming a prime...
View ArticleGadkari highlights use of biofuels to cut logistics costs
On 17 October 2024, Union Minister of Road Transport & Highways, Nitin Gadkari, stressed the role of alternative fuels in reducing logistics costs and enhancing supply chain efficiency . Reducing...
View ArticleNational Waterway 5 to connect Talcher with Paradip and Dhamra ports
In a major boost for inland waterways, Talcher will be connected with major ports including Paradip and Dhamra in Odisha.The Odisha government is working with the Inland Waterways Authority of India...
View ArticleCoastal Shipping Bill 2024: Indian vessels to operate licence-free in...
The Union Cabinet has approved the Coastal Shipping Bill, 2024, which, once passed by Parliament, will eliminate the requirement for Indian-flagged vessels to obtain a general trading license to...
View ArticlePassenger rush to attend festivals puts a strain on India’s air cargo flows
Indian air freight forwarders and shippers are reporting a severe strain on airline bellyhold capacity, due to festival-linked passenger traffic. Various Indian Hindu festivals run between September...
View ArticleMiddle East crisis: Amid supply chain stress, India looks to augment shipping...
As global shipping rates doubled in September this year amid the ongoing conflict in the Middle East, the Centre is taking measures to mitigate losses by boosting the size of the Indian container...
View ArticleNearly 280 locals from fishing community handle operations of Vizhinjam port
A couple of years ago, Maria Abraham used to go to the sea in small boats for fishing. Now, he helps moor giant container ships that sail into Vizhinjam International Seaport almost every other day....
View ArticleOdisha’s Paradip port plans to solarise operations, issues tender
Paradip Port, one of India’s large ports, has now planned to decarbonise its operations. In order to reduce carbon emissions from the major port from Odisha, Paradip Port has decided to boost the...
View ArticleTwo-day international conference on Green Technologies in Costal & Inland...
The Talcher to Paradip and Dhamra stretch of the NW-5 set to move forward and will soon see the light of the day, said Usha Padhee, Principal Secretary of Commerce and Transport Department....
View ArticleSWTD to extend tourist boat service to night hours
Indra, the premium boat service of state water transport department (SWTD), will begin night services in Kochi backwaters soon. The 100-pax double-decker boat will have premium facilities such as...
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