Chennai Port signs MoUs worth ₹9,000 crore ahead of Maritime Summit
CHENNAI : Chennai Port signed memoranda of understanding (MoUs) with several companies on Wednesday ahead of the third edition of the ‘Global Maritime India Summit 2023’, which is
Adani Vizhinjam Port to be fully operational by December 2024 : CEO Rajesh Jha
THIRUVANANTHAPURAM : Vizhinjam Port will be made fully operational by December 2024, promised Rajesh Jha, CEO of Adani Vizhinjam Port Company in a press conference on Thursday. The
Vizhinjam Port in Kerala and its potential in India’s maritime trade
THIRUVANANTHAPURAM : With the docking of the first ship on Sunday, the under-construction Vizhinjam International Seaport, the country’s first deepwater container transshipment terminal, near Thiruvananthapuram in Kerala will
Israel-Hamas war: Impact on shipping and port operations, potential risks
The conflict in Israel after attacks by Islamist group Hamas on towns close to Gaza has caused great concerns in the global community, while the impact on various
Ong Kim Pong appoints as the new CEO of PSA
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong
DP World raises $1.5 billion for decarbonization
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing
Carriers and forwarders to lose mark-up on THC collection in Dubai
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections.
Cost of container shipping to Chabahar Port reduced significantly
CHABAHAR : Referring to the establishment of direct container shipping lines from Chabahar Port in southeastern Iran to the ports of Nhava Sheva in India, and Taixing, Zhuhai
Zhen Hua 15, from China to be first cargo vessel to dock at Vizhinjam Port
THIRUVANANTHAPURAM : Zhen Hua 15, the first ship to the new Vizhinjam Port being developed by Adani Ports in Thiruvananthapuram, will reach the International Seaport in Kerala by
Maersk says port operations in Israel working normally
HAIFA : Maersk said on Tuesday that port operations at Israel’s major terminals are running as normal despite a violent conflict with Hamas militants and it continues to
