India’s Crude Import Strategy to Benefit the Tanker Market
An increase in ton-mile demand is to be expected from news mid-week, that India is looking to change its crude import strategy. In its latest weekly report, shipbroker
Adani Ports wins Rs310 crore dredging deal from Deendayal Port Trust
Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore from Centre-run Deendayal Port Trust in Kandla,Gujarat. India’s biggest private
Adani Ports’ Credit Profile Not Affected by Gangavaram Port Acquisition
There is no credit impact on Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Negative, underlying credit profile: bbb) from its proposed acquisition of a minority 31.5% stake
Tax cuts on fuels can reprieve the road freight segment
Struggling to make a come back after being hit by the pandemic, the road freight segment is now grappling with the ever-increasing high diesel prices. As per reports,
Shri S.K. Mehta, IFS, Chairman DPT, inaugurated the Pre-Primary School Building of Sadhu Hiranand Na
Shri S.K. Mehta, IFS, Chairman DPT today inaugurated the newly constructed Pre-Primary School Building of Sadhu Hiranand Navalrai Academy English Medium School at Adipur.
National logistics policy at the ‘near-finalisation stage’: Special Secretary Logistics
The Commerce Ministry will soon be sending the draft National Logistics Policy to the Cabinet seeking approval for the same, Pawan Agarwal, Special Secretary Logistics, Ministry of Commerce informed. The Policy
Exporters wary of developing situation in Myanmar
Indian exporters fear trouble in transactions with Myanmar as some shipping lines have suspended operations while others are going slow due to the ongoing unrest in the country.
Singapore becomes first country to ratify key global navigation convention
Singapore this week ratified the Convention on the International Organization for Marine Aids to Navigation. It is the first country to do so shortly after it signed the
IAPH elect Capt Subramaniam as President for 2021-2023
IAPH regular and honorary members voted last month to elect Karuppiah Subramaniam, General Manager of Port Klang Authority, as the President of IAPH for a two-year mandate, commencing
Freight costs increase over 100%, exporters lose business
Freight shipping costs have been increasing over the last few months, causing exporters to lose business from several countries. Freight shipping costs have been going through the roof