Port volumes moderate but still resilient: Ind-Ra
India’s port volumes growth has moderated but is still resilient to shocks such as the recent Suez Canal blockage, ratings agency India Ratings and Research (Ind-Ra) said MUMBAI
Suez Canal receives giant dredger in planned upgrade
EGYPT : A giant dredger has made it to the Great Bitter Lakes, near the Suez Canal, in preparation for joining the fleet of the international maritime passageway.
India’s Trade Performance Resilient during 2020-21 : Commerce Secretary
Cumulative value of overall exports (merchandise & services) during April-March 2020-21 estimated at USD 493.19 Billion NEW DELHI : The Indian Economy has shown significant resilience amidst the
DRI seizes more than 300 kg of cocaine valued at approx. Rs. 2,000 crore in international market at
NEW DELHI : Based on specific intelligence that cocaine will be concealed in a consignment imported in container reaching V O C Port, Tuticorin, the officers of Directorate
Despite Covid-19, Odisha sees huge jump in export turnover
ODISHA : Odisha has seen a big jump in export turnover in 2020-21 compared to the previous fiscal despite the adverse impact of Covid-19. Sources in the directorate
Ratan Tata invests in Mailit
Mailit, a mail room management and logistics company, said it had received an unspecified amount as investment from Ratan Tata, chairman emeritus, Tata Sons. MUMBAI : The firm
Transporters suffer Rs 1k cr a day losses due to fresh restrictions, lockdowns
The intensity and duration of lockdowns and curbs will further hit the sector badly. Therefore, immediate, prudent and proactive steps must be taken by the government to avoid
Gateway Rail flags off exclusive automotive express service for Maersk
This will link the inland container depot (ICD) at Gurugram with Pipavav port in Gujarat AHMEDABAD : Intermodal operator Gateway Rail Freight Ltd has strengthened its partnership with
Cochin Shipyard sets up oxygen distribution facility at five hospitals to help fight COVID
The system facilitates direct delivery of pressurized oxygen through wall-mounted outlets close to the patient’s bed. Medical oxygen is critical in COVID-19 treatment. KOCHI: In the wake of
Singapore Launches $90 Million Decarbonization Fund for Shipping
SINGAPORE : The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry’s greenhouse gas emissions, including a S$120 million ($90