Ship-Min constitutes high-level task force to oversee establishment of Indian Maritime Centre
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW) has constituted a high-level task force to oversee the establishment of the Indian Maritime Centre (IMC), in a bid to build global credibility
APM Terminals to invest $500 million in Louisiana Port
LOUISIANA : APM Terminals (APMT) says it will invest an initial $500 million to build a major container terminal near the mouth of the Mississippi River, on the West Bank of Plaquemines Parish. APMT
Colombo port sees jump in traffic amid Red Sea tensions
COLOMBO : Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit
IWAI set to spark with 300-400 electric vessels in next 5 years : Sarbananda Sonowal
NEW DELHI : India’s Ministry of Ports, Shipping and Waterways (MoPSW) will invest ₹45,000 crore for the development of river cruise tourism in the country. According to Union Minister Shri Sarbananda Sonowal, ₹35,000 crore
Iran & India reach long-term agreement on Chabahar port’s development
TEHRAN : Iran and India have reached a “final agreement” on the development of the southeastern Iranian port city of Chabahar, the official news agency IRNA reported on Monday. The agreement was reached during
Shipping Corp shakes off divestment blues ; to buy five ships for some Rs2,000 crore
MUMBAI : State-run Shipping Corporation of India Ltd (SCI) has initiated steps to buy five ships, all second hand of various types, with an investment of some Rs2,000 crores, in an indication that the
PSA container throughput performance for 2023
SINGAPORE : PSA International Pte Ltd (PSA) enjoyed a record-breaking year as it handled container volumes amounting to 94.8 million Twenty-foot Equivalent Units (TEUs) across its port terminals around the world for the year
AD Ports Group and CMA CGM join forces with Ecocean to Preserve Marine Biodiversity at Khalifa Port
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions, and Ecocean, an innovative company serving