Less sugar exports from India
The increase in ethanol production in India due to higher blending rates will reduce local sugar availability and prevent the country from exporting sugar in the 2024/25 season, Singapore-based...
View ArticleShip carrying explosive cargo dubbed the ”Floating Bomb” allowed to dock at...
The MV Ruby, a Maltese-registered cargo ship, that had been drifting at sea for weeks, has finally been allowed to dock at the Norfolk port of Great Yarmouth in Britain. According to the BBC, the ship...
View ArticleFast patrol vessels ‘Adamya’ and ‘Akshar’ set to sail to protect India’s...
Indian Coast Guard (ICG), on Monday, launched two fast patrol vessels (FPVs) ‘Adamya’ and ‘Akshar’, which help ICG protect India’s offshore assets and island territories. In the first, the two vessels...
View ArticleNLDS ULIP Logixtics Hackathon 2.0: A Catalyst for Logistics Innovation
One month has passed since the launch of the NLDS ULIP Logixtics Hackathon 2.0, and the excitement and anticipation surrounding this groundbreaking initiative continue to build. The hackathon,...
View ArticleJSW and POSCO join forces to build 5 MTPA integrated steel plant in India
JSW Group and POSCO Group of Korea inked a Memorandum of Understanding to establish an integrated steel plant in India with a starting capacity of 5 million tonnes annually (MTPA). According to a news...
View ArticleRailways renews MoU with Switzerland to enhance technical cooperation
The Railways on Tuesday renewed a memorandum of understanding (MoU) with the Federal Department of Environment, Transport, Energy and Communications (DETEC) of the Swiss Confederation to enhance...
View ArticleCONCOR reports quarterly profit rise on higher cargo volume
Container Corporation of India (CONCOR) reported a 9% rise in second-quarter profit on Tuesday, helped by higher cargo volume. The state-run logistics company’s consolidated profit before tax rose to...
View ArticleOpen tender set to launch to find new operator for Chittagong box terminal
Bangladesh is to launch an open tender for the chance to operate its largest box facility, the New-mooring Container Terminal (NCT) at Chittagong Port. The agreement between the port authority and the...
View ArticleNew terminal operating system and bunching of ships disrupt truck movements...
Following disruptions in the movement of container trailers for the last ten days, the trade using the Adani Kattupalli and Ennore Port Container Terminals is facing issues related to delays in the...
View ArticleCargo ship suspected of containing toxic waste returns to Albanian port
A cargo ship suspected of containing toxic wastes returned to Albania’s Durres Port Monday morning after being rejected by Thailand earlier. According to local media, the Turkish-flagged ship, named...
View ArticleIOC to open North India’s first LNG pump at CONCOR’s MMLP in Kathuwas
North India’s first liquefied natural gas (LNG) pump will be opened in a fortnight by state run oil refiner Indian Oil Corporation Ltd at the multi modal logistics park in Kathuwas run by Container...
View ArticleRail coefficient for containers at Mundra, Nhava Sheva and Pipavav ports post...
The quantum of containers evacuated from and to the top ports of Mundra, Pipavav and Nhava Sheva have declined in the first half of the current fiscal despite the first two being connected to the...
View ArticleParadip Port sets eyes on complete mechanisation by 2030
Paradip Port will develop three new berths, mechanise four existing ones, and establish one berth solely for green hydrogen, officials aware of the plans said. These projects are part of the port’s...
View ArticlePSA Mumbai unveils equipment arrival for phase 2 expansion
PSA Mumbai celebrated a significant milestone with the arrival of advanced container handling equipment for its much-anticipated Phase 2 expansion. The newly arrived shipment includes two Super...
View ArticleDeendayal Port plans new container terminal and multipurpose berth with...
To regain the ground ceded to Paradip port last year, Kandla—one of the oldest major ports of India—is working on a long-term expansion plan to develop a new multipurpose berth and a new container...
View ArticleRelease viability gap funding to Vizhinjam port as grant, not loan, Kerala...
Kerala Chief Minister Pinarayi Vijayan has sought the intervention of Union Finance Minister Nirmala Sitharaman for release of Central share of Viability Gap Funding (VGF) for Vizhinjam International...
View ArticleHapag-Lloyd changes German port of call on IOS
German ocean carrier Hapag-Lloyd has announced changes in its Indian Ocean Service (IOS), which will temporarily call at Wilhelmshaven instead of Hamburg to avoid the current congestion at Hamburg...
View ArticleFreight rates stall for Asia-bound Russian Urals oil
Freight rates for tankers carrying Russia’s flagship Urals crude from its Baltic ports to India have stalled on expectations of declines in oil exports from Moscow’s western ports in November, trading...
View ArticleShipping giant Maersk records sixfold profit rise
Danish shipping giant Maersk said Thursday that profits in the third quarter were six times higher than the same period last year as it maintains high prices to get trade through conflict zones. Net...
View ArticleGlovis dual fuel LNG RORO carrier docks at Hambantota International Port
The LNG (liquefied natural gas) dual-fuel RORO vessel Glovis Selene made its maiden call at the Hambantota International Port (HIP) last week, unloading 627 CEUs (Car Equivalent Units) and loading 934...
View Article