HAMBURG : China’s container logistics businesses face mounting pressure as declining container prices and leasing rates caused by weak cargo demand strain the industry. The market is experiencing growing inventory glut, making it harder
LONDON : Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based
NEW DELHI / SINGAPORE : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal is embarking on a Three Day Official visit to Singapore to take part in the Singapore Maritime Week to be
GANDHIDHAM : The Deendayal Port Authority has announced new reserve prices for land leasing, aimed at facilitating the development of major industries, including a mega marine cluster. In a notification issued on March 17,
DUBAI : DP World has unveiled plans to enhance its global container handling capacity by approximately 5.4 million twenty-foot equivalent units (TEUs) throughout 2025. This expansion aims to accommodate growing demand in key international
HONG KONG : The controversy surrounding the deal by CK Hutchison, founded by Hong Kong billionaire Li Ka-shing, to sell its ports operations on both ends of the Panama Canal to American investment giant BlackRock keeps
GANDHIDHAM : Deendayal Port Authority (DPA), one of India’s leading cargo-handling ports, has successfully inducted four state-of-the-art Harbour Mobile Cranes, having 100-ton capacity. DPA has been able to commission the HMCs, through Global open
GANDHIDHAM : The Deendayal Port Authority (Kandla) is set for a major capacity expansion with an investment of approximately ₹57,000 crore, aimed at enhancing trade operations and integrating with global supply chains, the Union
NEW DELHI : Sagarmala is the flagship Central Sector Scheme of the Ministry of Ports, Shipping and Waterways to promote port-led development in the country through harnessing India’s 7,500 km long coastline, and 14,500
NEW DELHI : India is set to invest nearly Rs 4,000 crore to expand operations at Iran’s Chabahar Port, aiming for a five-fold increase in capacity to 500,000 TEUs (twenty-foot equivalent units) over the