India’s port sector is growing rapidly and contributing to economic progress : PM
NEW DELHI : The Prime Minister, Shri Narendra Modi has lauded the achievements of Tuticorin VOC port a Y-o-Y growth of 11.35%. The Port has handled 36.03 Million Tonnes of cargo, as on 14.03.2023
PSA Mumbai dismisses congestion, productivity slowdown reports
MUMBAI : PSA Mumbai (BMCT), the new terminal operator at India’s Nhava Sheva Port (JNPT), has denied reports that it is operating at a slower pace, as the trade faces supply chain challenges due
Adani Ports, Mundra has docked its first LNG fueled powered Crude Oil Tanker
MUNDRA : Adani Ports, Mundra has docked its First LNG fueled powered Aframax Crude oil Tanker at its SPM (Single Point Mooring) facility. Korolev Prospect, a Korean build dual-fueled Liberian-flagged Crude carrier built in 2019
Ahammad Devarkovil : ₹346 Cr to be handed over to the concessionaire company in March
THIRUVANANTHPURAM : Ports Minister Shri Ahammad Devarkovil has said that the State government will release the funds to be paid to the concessionaire company engaged in the construction of Vizhinjam International Seaport in March.
Hutchison Ports investing $700m in Sokhna and Alexandria terminals
HONG KONG : Hutchison Ports is to invest $700m in Ain Sokhna Port, and a new container terminal in the Port of Alexandria in Egypt. The investment includes the development of a new container
V.O.Chidambaranar Port surpasses annual target set by MoPSW
TUTICORIN : V. O. Chidambaranar Port in Tuticorin on Wednesday surpassed the cargo handling target of 36 million tonne set by the MoPSW, 17 days ahead of the end of financial year 2022-23. The
Mawani announces new Shipping Service to link Saudi Arabia to Indian Subcontinent
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX service run by a maritime consortium that includes Qatar-based shipping and logistics conglomerate Milaha, vessel operator
China shows interest to build an oil refinery in Sri Lanka’s Hambantota Port
COLOMBO : China has expressed interest to build an oil refinery in Sri Lanka’s strategically located Hambantota district, in a move aimed at expanding its footprint in the Indian Ocean Region (IOR). China had earlier built