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IMEEC possible reason for Hamas attack: Biden

October 27, 2023 Ports, Business, Global Trade, Infrastructure, Logistics, Maritime, Railway, Trade, Transport, Trending News
 WASHINGTON D.C : US President Joe Biden has hinted that one of the reasons behind Hamas’ October 7 attack on Israel was the recent announcement of the (IMEEC) India-Middle East-Europe Economic Corridor that integrates

Direct Freight Corridor’s western stretch to be ready by end of FY 24

October 27, 2023 Logistics, Ports, Railway, Trending News
VADODARA : You can look forward to faster train movements while travelling to Delhi and Mumbai. The Gujarat stretch of the ambitious Western Dedicated Freight Corridor (WDFC) hailed by Prime Minister Shri Narendra Modi

Massive crane offloaded at Vizhinjam International Seaport

October 27, 2023 Maritime, Container Terminal, Ports, Trade, Trending News
THIRUVANANTHPURAM : Despite facing challenging weather conditions, the authorities at the Vizhinjam International Seaport, Thiruvananthapuram, successfully unloaded a massive crane from a ship on Tuesday. The task, which was completed within a couple of

Israel to pay compensation for ships damaged in Gaza war

October 27, 2023 Ports, Foreign Ports, International Shipping, Maritime, Shipping, Trending News
JERUSALEM : Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country’s ports, government advisories

APM Terminals Malaysia to lead maritime decarbonisation in Asia

October 27, 2023 Ports, Foreign Ports, Terminal, Trending News
KUALA LUMPUR: The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals (30%) and the MMC Group, has been selected to join the Partnerships for Infrastructure (P4I) initiative. This government-to-government decarbonisation scheme between

Govt crafts innovative scheme to boost Coastal Shipping

October 26, 2023 Maritime, Coastal Shipping, Economy, Ports, Trade, Trending News
NEW DELHI : The government is weighing an innovative plan to promote coastal shipping by introducing integrated public-private-partnership (PPP) port projects at major ports by clubbing vessel acquisition with viability gap funding (VGF) support. VGF is

Vizhinjam Seaport will be opened on industrial basis from May : Ahamed Devarkovil

October 26, 2023 Ports, Shipping, Trending News
KOCHI: Minister for Ports, Kerela Shri Ahamed Devarkovil in a press conference said that Vizhinjam port will be opened on an industrial basis by May 2024. “Vizhinjam has easy access for the world’s largest

JSW Infra in talks to buy SP Group arm Gopalpur Ports for Rs 3,000 crore

October 26, 2023 Ports, Company, Infrastructure, Trending News
GOPALPUR : JSW Infrastructure is in talks to buy Shapoorji Pallonji’s (SP) ports arm, Gopalpur Ports, at an estimated enterprise value of 3,000 crore that includes the company’s debt, according to people familiar with

Port of Antwerp-Bruges International, Manager Port Projects, Koen Cornilly, embarks on an influential roadshow across India

October 26, 2023 Foreign Ports, Trade, Trending News
MUMBAI : In a strategic move aimed at strengthening trade ties and fostering collaboration between India and Belgium, Mr. Koen Cornilly, Manager of Port of Antwerp-Bruges International, embarked on a high-profile roadshow across key

Global shipping might get affected by Middle East conflict : Reports

October 26, 2023 Export - Import, Foreign Ports, Global Trade, International Shipping, Ports, Trending News
DHAKA : In yet another concerning development for the export-oriented apparel industry of Bangladesh, Syed Mohammad Arif, President of the Bangladesh Shipping Agents Association (BSAA), reportedly expressed this concern. Israel’s attacks on Gaza, in
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