Record deliveries could push container fleet above 30 million TEU in 2024
LONDON : “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU
Gujarat Govt to set up 10 Greenfield Ports in the next 25 years
GANDHINAGAR : The Gujarat Maritime Board (GMB) has initiated a survey of 10 Greenfield sites along the state’s coastline for potential major port development. This move comes after
Adani Ports enters bond market for the first time in 2 years
MUMBAI : As Adani Group companies are seeing a massive boom in shares prices, Adani Ports has decided to enter the bonds market for the first time in
Land Ports to be gender friendly, inclusive in next 3 years : LPAI Chairman
NEW DELHI : Land Port Authority of India (LPAI) Chairman Aditya Mishra on Tuesday conveyed the vision of his department to make land ports also known as Integrated
Over 10 warships sent to deter pirates of the Arabian Sea
NEW DELHI : India has deployed over 10 warships with marine commandos in the Arabian Sea and Gulf of Aden, showing its naval presence to deter piracy and
PSA Mumbai celebrating a historic milestone achievement, surpasses 2 million TEUs mark in 2023
MUMBAI : PSA Mumbai, located in Jawaharlal Nehru Port (JNP) in Maharashtra, one of the leading container terminals in India, is proud to announce that it handled over
India’s exports may take a $30 billion hit on Red Sea threats
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge
Local ship cover may get an India club flavour
NEW DELHI : India plans to set up its own protection and indemnity (P&l) entity called India Club for providing third-party maritime insurance to Indian ships operating in
Denmark and India launch green fuels alliance
NEW DELHI : Denmark and India have launched the Green Fuels Alliance India (GFAI), a collaborative initiative aiming to enhance joint efforts between the two nations in the
Port of Virginia becomes first USEC port powered by 100% clean energy
NORFOLK : The Port of Virginia is now powering all its terminals with electricity from clean resources and accelerating its goal of becoming carbon-neutral by 2040. By utilising