CSSC delivers 6th LNG-powered giant to CMA CGM
JIANGNAN : China State Shipbuilding Corporation (CSSC) has named and delivered CMA CGM Montmartre, the 6th LNG-powered 23,000 TEU containership, to the French liner company CMA CGM. Built by Jiangnan Shipyard, the vessel forms
Centre not handing over major ports to private parties: Mandaviya
NEW DELHI : The Centre is not handing over major ports to private parties and has only sought private sector participation in projects on PPP mode, Parliament was informed on Monday. India has 12
DGFT to go fully digital, contactless, faceless, paperless: Commerce Secretary
NEW DELHI : The Directorate General of Foreign Trade (DGFT) will soon be completely digitised with the rollout of newer IT systems in a phased manner, enabling virtual offices to be created that are
India supplies second shipment of equipment to Iran’s Chabahar port
NEW DELHI : India has supplied the second shipment of equipment to Chabahar port in Iran, Union Minister Mansukh Mandaviya said on Monday. In January, India had supplied a consignment of two mobile harbour
Last ditch effort underway to salvage DP World-run transshipment terminal in Cochin Port
MUMBAI : The Centre-owned Cochin Port Trust and DP World are exploring ways to fund a ₹400 crore plan to deepen the channel of India’s only International Container Transshipment Terminal (ICTT) at Vallarpadam run
PSA Group’s volume & revenue up in 2020
SINGAPORE : PSA International Pte Ltd (PSA) handled 86.6 million TEUs in the year ended December 31, 2020, representing an increase of 1.7% from the previous year. PSA Singapore contributed 36.6 million TEUs, a
Indian exporters experience surge in global demand
NEW DELHI : In a boost to Indian economy, Indian export books have reportedly swelled up to 40% in the current fiscal. This comes as a sign of relief as global demand had taken
Cargo traffic at 12 major ports falls for eleventh month in February 2021
MUMBAI : India’s top-12 ports witnessed considerable decline in cargo traffic for the eleventh straight month in February to 600.62 million tonnes (MT), according to ports’ apex body IPA. Cargo traffic at 12 major