Klaipėda Port leads Baltic States in cargo growth
KLAIPEDA : In the first six months of this year, nearly 19 million tons of cargo were handled at Klaipėda Port. Compared to the same period last year, this marks an increase of 16%.
ClassNK launches ‘ClassNK Fleet Cost Simulation’ Service
TOKYO : ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation’, as part of its ‘ClassNK Transition Support Services’, which aims to facilitate the maritime industry’s transition to decarbonized fuels. This new service
Baltic Dry Index hits One-Month High on Capesize Strength
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month high, supported by a strong uptick in capesize vessel rates.
Sarbananda Sonowal applauds HSL’s infrastructure augmentation to double India’s shipbuilding capacity
VISAKHAPATNAM : In a strong endorsement of India’s shipbuilding ambitions under the Maritime India Vision 2030, Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, visited Hindustan Shipyard Limited (HSL) on July 15
DP World, Deendayal Port Authority, and Nevomo sign MoU to explore autonomous magnetic rail freight in India
GANDHIDHAM : A Memorandum of Understanding (MoU) was signed between DP World, Deendayal Port Authority (DPA), and Nevomo to explore potential opportunities in autonomous magnetic rail freight movement in India. This collaboration aims to
CONCOR & RHS sign MoU to explore opportunities in the overseas shipping and logistics sector
NEW DELHI : Container Corporation of India Ltd. (CONCOR) and M/s. Rais Hassan Saadi Group (RHS), Dubai, have signed an Memorandum of Understanding (MoU) on 14th July, 2025 to explore opportunities in the overseas
APSEZ eyes strategic Trucking Alliances as Vizhinjam Port gears up for Direct EXIM Cargo Handling
THIRUVANANTHPURAM : As Vizhinjam International Seaport prepares to launch full-fledged export-import (EXIM) operations by year-end, Adani Ports is actively exploring partnerships with nearly a dozen companies for road-based cargo transportation. These talks mark a
Sanjay Kaul appointed as MD & CEO of GIFT City
GANDHINAGAR : The Gujarat Government recently appointed 2001-batch IAS officer from Kerala, Sanjay Kaul as the Managing Director and Chief Executive Officer of GIFT City Company Ltd in Gandhinagar. He will serve on deputation
Bilateral trade talks “progressing as per the decisions of leaders” of India-US, says officials
NEW DELHI : The ongoing bilateral trade talks (BTA) negotiations by India and the United States (US) are progressing as per the decisions of Prime Minister Shri Narendra Modi and US President Donald Trump,
India’s total exports(merchandise & services) rise by nearly 6% in April-June 2025; Electronic goods lead growth
NEW DELHI : India’s total exports (Merchandise and Services combined) for June 2025* is estimated at US$ 67.98 Billion, registering a positive growth of 6.50 percent vis-à-vis June 2024. Total imports (Merchandise and Services