Paradip Port set to handle 300 mn tonnes in 3 years
PARADIP : Paradip Port Authority (PPA) is gearing up with grandiose plans to join the elite list of ports handling over 300 million metric tonnes in next three years. Paradip Port with its present
JN Port resolves dispute over SEZ Project with EPC
MUMBAI : Jawaharlal Nehru Port Authority(JNPA) has successfully resolved a longstanding dispute with its Engineering, Procurement, and Construction (EPC) contractor regarding the Special Economic Zone (SEZ) project. This resolution marks a significant milestone for
New Mangalore Port: Boosting Cruise Tourism
MANGALURU : The arrival of the ‘Seven Seas Navigator’ at New Mangalore Port on December 8, 2023, heralded the commencement of a new cruise season, slated to run until May. Despite the lingering effects
India’s stand amid threat of Open War between Iran and Israel
NEW DELHI : India, caught in a tight spot over the Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue & diplomacy”, the foreign ministry said on
APSEZ intends to invest ₹1,689 Crore for ship leasing firm in Gift City
GANDHINAGAR : Adani Ports and Special Economic Zone Ltd (APSEZ) has proposed a significant investment of ₹1,689 crore for the establishment of Poseidon Leasing IFSC Ltd, a step-down subsidiary company, to operate within the GIFT
Cochin Port waives bunkering service charges for three more years
KOCHI : Cochin Port Authority has extended the “waiver of port charges for a further period of three years” for ships calling at outer anchorage of the port for bunkering services. The maritime services
Petregaz India commissions its Rs 600 cr LPG import and storage terminal
NELLORE : Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of Rs 600 crore, the company said
US container imports remain stable, with several potential global challenges to be seen
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced a significant increase of 15.7%, compared