NEW DELHI : The Union minister of ports, shipping and waterways, Shri Sarbananda Sonowal, has proposed giving infrastructure status to coastal shipping, a government priority. The status entitles a sector to several benefits and concessions,
GANDHIDHAM : On the occasion of Diamond Jubilee of National Maritime Day, Capt. Pradeep Mohanty, Dy. Conservator greeted Chairman and Dy. Chairman.🇮🇳 NMDC Flag hoisting & SAIL PAST of port crafts held at port
GANDHIDHAM : The Deendayal Port Authority, Kandla created a new record by handling 137.56 million metric tonnes of cargo during the F.Y. 2022-23, as against 127.10 MMT in FY 2021-22, showing a growth of
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest integrated transport utility in India and a part of the diversified Adani Group, handled ~32 MMT of total cargo in March 2023,
MUMBAI : Bharat Mumbai Container Terminals Pvt Ltd (BMCT), the facility run by Singapore’s PSAInternational Pte Ltd at Jawaharlal Nehru Port, has sought a performance-linked rate hike of 7 percent from the state-run port
NEW DELHI : Notwithstanding a dip in exports in February, the outlook for exports remains bright for the country, according to Federation of Indian Export Organisations (FIEO) Director-General and Chief Executive Officer Ajay Sahai. “We are going
NEW DELHI : FIEO welcomes the milestone achievement of USD 767 bn goods and services, amidst global headwinds during 2022-23. With this India’s goods exports hit a three-quarter high to cross USD 40 billion
LONDON : The World Trade Organisation (WTO) on Wednesday said that the global merchandise trade volume is expected to grow 1.7 per cent in 2023 as compared to an earlier estimate of 1 per
COPENHAGEN : The ocean carriers’ global schedule reliability increased sharply by 7.7% month-to-month in February 2023, reaching 60.2%, according to Sea Intelligence. On a year-to-year level, schedule reliability has marked a staggering 26% rise.
ABU DHABI : AD Ports Group has signed a General Corporate Facility deal with a consortium of 13 regional and foreign banks. The multi-currency facility, worth approximately US$2 billion, is divided into three tranches