Adani Ports gets about US$150 million loan from DBS
AHMEDABAD : Adani Ports & Special Economic Zone raised about US$150 million through a bilateral loan agreement with DBS Group Holdings, according to people familiar with the matter, as the Indian conglomerate continues to
Bangladesh exports to Northeast hit roadblock as Centre closes key Tripura landports
AGARTALA : Cross-border trade between India’s Northeast and Bangladesh has taken a severe hit since May 17, following the Directorate General of Foreign Trade’s (DGFT) directive halting trade through key landports, including the Akhaura
VP Jagdeep Dhankhar inaugurates and dedicates to the nation three projects at Mormugao Port
GOA : Vice President Jagdeep Dhankhar inaugurated Key Projects at Mormugao in Goa and stressed the importance of enforcing a rules-based order at sea amidst evolving geopolitical challenges. The Vice President, addressing a gathering
Centre to boost production of Made-in-India merchant vessels, cut reliance on foreign ships
NEW DELHI : The Government of India has set the ball rolling to increase the fleet of large ‘Made in India’ merchant ships with an eye on joining the league of the top maritime
DCI turns profitable with Q4 net profit at Rs 21.39 cr
VISAKHAPATNAM : Dredging Corporation of India (DCI) reported a net profit of Rs 21.39 crore for the March 2025 quarter, mainly on the back of increased income. It had posted a loss of Rs
Cyclone circulation! Mormugao Port shuts down operations, implements monsoon safety protocols
GOA : The Mormugao Port Authority has suspended all port operations until further notice in response to the development of a cyclonic circulation off the Goa and North Karnataka coast. This decision follows a
AP targets big returns from Shipyards and Ports
AMRAVATI : For Andhra Pradesh, the buzzword for faster economic growth is, of late, port-led development, going by the string of investments in developing port and coastal infrastructure. The State, which has been in
Busiest US Seaport unlikely to see tariff-related cargo boom, CEO says
LOS ANGELES : The head of the busiest U.S. Port of Los Angeles does not expect imports to soar after last week’s tariff truce between Washington and Beijing that temporarily lowered the duty to