Suez Canal Crisis : Major shipping lines reroute, impacting Indian Trade
CAIRO : A recent report by credit ratings agency Ind-Ra highlights the substantial impact on freight and forwarding (F&F) costs, estimating a potential increase of 25-30 per cent for corporate entities heavily involved in
International Trade Groups call for Maritime Security in Red Sea
NEW YORK : More than 100 industry trade associations representing the apparel, retail, energy, agriculture, electronics and medicine sectors have formed a global coalition to safeguard Red Sea commerce. On Thursday, the American Apparel & Footwear
Amrit Kaal Vision 2047: India’s plan for six mega ports unveiled – Key takeaways here
NEW DELHI : India has set its sight on ambitious maritime expansion with plans to develop six mega ports by 2047, which will significantly boost its cargo handling capacity. Announced as part of the
MCZMA recommended CRZ Clearance for all Weather Deep Draft Greenfield Vadhvan Mega Port to MoEF&CC
MUMBAI : The development of all Weather Deep Draft Greenfield Vadhvan Mega Port is recommended by MCZMA for CRZ Clearance to MOEF&CC in its 172nd meeting on 6th Feb 2023. Shri Unmesh Sharad Wagh
Maritime Cybersecurity : An Emerging Area of Concern for India
NEW DELHI : The ongoing conflict in the Red Sea highlights how vital maritime choke points are for the free movement of global trade. Simultaneously, the situation also emphasizes the emerging non-conventional maritime risks
Petronet draws Rs 40,000 cr investment plan to treble profit by 2028
GOA : PetronetLNG, the operator of the world’s largest liquefied natural gas (LNG) import terminal, will invest Rs 40,000 crore in expanding import capacity and petrochemicals with a target to treble net profit by 2028,
Maersk pilots Shanghai as new global gateway for LCL shipments
COPENHAGEN : Maersk pilots Shanghai as its new global gateway of Less-than-Container-Load (LCL) shipments. The Danish company described this initiative as a “groundbreaking milestone” in the industry for shipments from different nearby countries and
TMS announces Ship Finance and Trade conference line up
DUBAI : The Maritime Standard is to hold a rebranded and revitalised Ship Finance and Trade Conference on February 14th at the Taj Exotica Hotel on the Palm, Dubai. Being staged after a gap