MoU paves way for formal discussions on potentials to develop the corridor to unlock economic benefits DP World and its partners envisage investing up to US$1bn in developing supply chain infrastructure along the corridor
LOS ANGELES : No American boxport is among the top 50 most efficient in the world, a new study reveals, in another damning indictment on the lagging state of US maritime infrastructure. Released this
DAMEN : The launch event was scheduled with the season, to guarantee the correct water depth needed for performing the launch successfully. The shipyard will now make the final arrangements for the upcoming journey
NEW DELHI : Vaccination being made mandatory before joining ship is just one of the numerous challenges being faced by Indian seafarers as the Covid-19 pandemic threatens to overwhelm the country’s health infrastructure. Concerns
TUTICORIN : Central government-owned V O Chidambaranar Port Trust (VOCPT) located in Tamil Nadu’s Thoothukudi district has invited bids to convert one of its bulk cargo handling berths into a container terminal through the
MUMBAI : Blue Dart Express, express air and integrated transportation and distribution company, reported a consolidated net profit of INR 891 million for the fourth quarter and INR 963 million net profit for the
SOUTH KOREA : South Korean shipbuilder Hyundai Heavy Industries (HHI) has partnered with nine companies, including state-run Korea National Oil Corporation (KNOC), on a green hydrogen factory project in the Sea of Japan. The
DUBAI : Dubai-based logistics company DP World is investing $1.1bn in a new container port close to Dakar, the Senegalese capital, with the potential to turn the country into the maritime gateway to west
MUMBAI : India’s big new wave of Covid-19 infections has hit the worldwide transport trade, which depends on the nation for seafarers, as crews come down with the illness and ports deny entry to
MUMBAI : US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential patrons for the federal government of India’s stake in (SCI).The three bidders, who had submitted