April 30, 2026
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PSA International announces financial results of 2023

March 23, 2024 International Shipping, Company, Container Terminal, Maritime, Ports, Trade, Trending News
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For the full-year period, revenue decreased by

Port cargo volumes to grow 6 – 8 per cent in FY25

March 23, 2024 Ports, Shipping, Trending News
Containers and coal shipments are expected to support cargo volume growth at the ports in FY25 by 6 -8 per cent. In the first 10 months of FY2024, cargo volumes witnessed a 7.6 per

VOC Port Authority held pre-bid meet to build a 4 million TEUs capacity container terminal in the port’s outer harbour

March 23, 2024 Export - Import, Container Terminal, Ports, Shipping, Trade, Trending News
MUMBAI : Some of the potential bidders participated in a Roadshow held by the pre-bid meeting called by V O Chidambaranar Port Authority on 18 March in Mumbai to build a 4 million twenty-foot

Mazagon Dock Shipbuilders to lease land parcel from Mumbai Port Authority for ₹354 crore

March 23, 2024 Ship Building, Maritime, Ports, Trending News
MUMBAI : State-run Mazagon Dock Shipbuilders Ltd (MDL) on Thursday (March 21) said the company will lease a land parcel measuring 14.55 acres from the Mumbai Port Authority (MbPA) for its Mumbai yard. MDL’s

CBI seizes 25k kilos of yeast mixed with cocaine at Vizag Port

March 23, 2024 Customs, Business, Logistics, Ports, Trade, Trending News
HYDERABAD : In a major operation the sleuths of CBI had detained a shipping container, at Andhra’s Vizag Port ,suspected to have been carrying narcotics drugs mixed with 25000 kilos of dried yeast. Entire

V.O. Chidambaranar Port sets sight on mega investments

March 22, 2024 Export - Import, Business, Global Trade, Ports, Trade, Trending News
TUTICORIN : With multiple big-ticket projects on track in and around Tuticorin, V.O. Chidambaranar Port in the city is all set to capitalise on the newfound investor interest in the area. The VOC Port

DP World plants over 700 Trees in partnership with Goodyear

March 22, 2024 Maritime, Company, Foreign Ports, Ports, Trending News
LONDON : DP World, a leading provider of global end-to-end supply chain solutions, has announced the successful planting of 702 trees as part of an ongoing decarbonisation project with tyre manufacturing giant Goodyear. The

COSCO container ship damages Keelung berth after collision

March 22, 2024 International Shipping, Foreign Ports, Shipping Line, Trending News
KEELUNG CITY : Taiwan’s Keelung port sustained damage after one of COSCO Shipping Lines’ container ships came into contact while attempting to berth. The 2000-built, 1,702 TEU Fei Yun He had just arrived from

DP World accelerates growth in South Korea with US$ 50 million investment in Busan New Port

March 19, 2024 Logistics, Economy, Foreign Ports, Trending News
BUSAN : DP World has announced a US$50 million (approximately ₩66 billion) investment to develop a new logistics centre in Busan New Port, strengthening the port’s position as a logistics hub for Northeast Asia and

MAWANI adds IMS service to King Abdulaziz Port

March 19, 2024 International Shipping, Foreign Ports, Logistics, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority ‘Mawani’ announced that VASI Shipping Pte Ltd has introduced the new shipping service ‘IMS’ at King Abdul Aziz Port in Dammam, connecting the Kingdom to Southeast Asia and
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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