January 10, 2026
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Union Budget 2025-26 : India to set up $3-billion maritime development fund for shipping industry

February 3, 2025 Maritime, Economy, Ports, Ship Building, Ship Repair, Shipping, Trade, Trending News
NEW DELHI : India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country’s shipbuilding and repair industry, Finance Minister Smt. Nirmala Sitharaman said on Saturday while presenting

Budget 2025 Reaction – Quote from Mr. Rizwan Soomar, CEO and MD, DP World Middle East North Af…

February 3, 2025 Logistics, Company, Economy, Maritime, Ports, Trade, Trending News
MUMBAI : Mr. Rizwan Soomar, Chief Executive Officer and Managing Director, DP World Middle East North Africa, and India Subcontinent opinion on Budget 2025-26. “The Union Budget will significantly enhance ease of doing business, workforce skilling

Government highlights infrastructure development in India

February 3, 2025 Infrastructure, Economy, Finance, Global Trade, Logistics, Maritime, Ports, Shipping, Trending News
NEW DELHI : Public infrastructure is the backbone of economic development, enhancing connectivity, trade, and overall quality of life. India, the world’s fifth-largest economy, has made remarkable progress in infrastructure development over the past decade.

Suez Canal Authority says stability returning to Red Sea

February 3, 2025 International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
CAIRO : Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when

Economic Survey 2024-25 reflects govt transformative impact on India’s marine sector : Sarbana…

February 1, 2025 Maritime, Ports, Shipping, Trade, Trending News
NEW DELHI : The Economic Survey reflects the Narendra Modi government’s transformative impact on India’s Marine sector, Ports, Shipping and Waterways Minister Shri Sarbananda Sonowal said on Friday. Finance Minister Smt. Nirmala Sitharaman on

Unique contributions of women are vital to India’s maritime strength : Shantanu Thakur

February 1, 2025 Maritime, Ports, Shipping, Trending News
MUMBAI : Union Minister of State, Ministry of Ports, Shipping and Waterways, Shri Shantanu Thakur said that the unique contributions of women are vital to India’s maritime strength and women seafarers embody resilience and

Economic Survey 2024-25 : Port Capacity improves significantly in FY 2025, Average Container Turnaro…

February 1, 2025 Aviation, Economy, Finance, Infrastructure, Inland Waterways, Logistics, Maritime, Ports, Railway, Shipping, Trade, Trending News
NEW DELHI : The Economic Survey stated that the capacity addition in physical connectivity sectors stayed on course during FY25. India’s development aspirations in the coming decade entail substantial investment in infrastructure, states the

Adani Port plans SEZ at Vizhinjam to drive port-led development

February 1, 2025 Ports, Trade, Trending News
THIRUVANANTHAPURAM : Adani Ports & SEZ has plans to develop a Special Economic Zone (SEZ) at Vizhinjam, replicating the success of its Mundra Port, said Harikrishnan Sundaram, Head of Container Business at Adani Ports &

Adani Ports Q3 PAT rises 14% to ₹2,518 crore

February 1, 2025 Ports, Shipping, Trending News
AHMEDABAD : Adani Ports & Special Economic Zone Ltd. (APSEZ) reported 14% growth in Q3 consolidated net profit to ₹2,518 crore from ₹2,208 crore in the year-earlier period. During the quarter, the company handled

Afcons Infrastructure wins Rs 1,283-Cr project for Tuna Tekra Container Terminal

January 31, 2025 Ports, Container Terminal, Infrastructure, Trending News
GANDHIDHAM : Afcons Infrastructure Ltd. has secured a ₹1,283 crore contract from Hindustan Gateway Container Terminal Kandla Pvt. for the design and construction of the marine segment of the Tuna Tekra Container Terminal in
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