Rising rates across all segments push Baltic Index to one-week peak
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Monday, helped by gains across all vessel segments. The
Will port fee proposals reshape US dry bulk imports and export trades?
LONDON : Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based
Sarbananda Sonowal on Three-Day Visit to Singapore as India Seeks to Boost Maritime Cooperation
NEW DELHI / SINGAPORE : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal is embarking on a Three Day Official visit to Singapore to take part in the Singapore Maritime Week to be
Advice for BIMCO members in relation to proposed US trade action
LONDON : On 21 February, The Office of the United States Trade Representative (USTR) announced it was inviting comments from the public in respect of its “Section 301 Investigation of China’s Targeting of the
DPA inducts Four nos. 100-Ton capacity Harbour Mobile Cranes to Enhance Efficiency and Sustainable c…
GANDHIDHAM : Deendayal Port Authority (DPA), one of India’s leading cargo-handling ports, has successfully inducted four state-of-the-art Harbour Mobile Cranes, having 100-ton capacity. DPA has been able to commission the HMCs, through Global open
‘Kandla Port to undergo ₹57,000 crore expansion’ : Sarbananda Sonowal
GANDHIDHAM : The Deendayal Port Authority (Kandla) is set for a major capacity expansion with an investment of approximately ₹57,000 crore, aimed at enhancing trade operations and integrating with global supply chains, the Union
Sagarmala Scheme providing financial assistance to 8 projects worth Rs. 273 Cr. in the State of Kera…
NEW DELHI : Sagarmala is the flagship Central Sector Scheme of the Ministry of Ports, Shipping and Waterways to promote port-led development in the country through harnessing India’s 7,500 km long coastline, and 14,500
KMRL to conduct feasibility study for Urban Water Transport System for the 17 locations
NEW DELHI : The key parameters considered in selection of 17 cities for conducting feasibility study for Urban Water Transport System includes minimum population of 1 million, proximity to existing navigable inland waterways and