Baltic Index Hits Near Three-Week Low On Weaker Capesize, Supramax Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, fell to its lowest level in nearly three weeks on Monday, weighed by weaker capesize
DG Shipping inaugurates 62nd National Maritime Day
NEW DELHI : It is an esteemed privilege to present and pin the Merchant Navy flag on the lapel of the Hon’ble Prime Minister of India, Shri Narendra Modi, during the inauguration of the
DPA Kandla sets new record in cargo handling
GANDHIDHAM : Deendayal Port Authority, Kandla has once again demonstrated its efficiency and operational excellence by achieving a record-breaking discharge of 68,057 metric tonnes (MTs) of steam non-coking coal in just 24 hours. This
VoC Port records historic milestone by surpassing last FY’s 41.40 Million Tonnes
TUTICORIN : V.O.Chidambaranar Port Authority, Tuticorin reached a historic milestone by surpassing last financial year’s cargo handling volume of 41.40 Million Tonnes, 2 days before the end of the current financial year. With this
Parliament clears crucial Maritime Bill to enhance India’s EoDB in the Sector
NEW DELHI : The Lok Sabha passed an important bill — ‘Carriage of Goods by Sea Bill, 2024’ — in an attempt to modernise, update legal framework as well as enhance Ease of Doing
MoPSW has launched ONE NATION ONE PORT(ONOP) Initiative
NEW DELHI : Ministry of Ports, Shipping and Waterways has launched ‘One Nation One Port Process (ONOP)’ initiative which focuses on mapping and standardizing port processes and documentation. This involves conducting a comprehensive review
Myanmar Earthquake : Indian businesses may suffer losses worth crores
NEW DELHI : The earthquake in Myanmar and Thailand has raised concerns among Indian exporters, particularly in Gujarat, which has strong trade ties with these countries. Businesses dealing in pharmaceuticals, textiles, and chemicals fear
Ship-Min developing six Inland Waterways in Odisha for cargo transport and river cruise tourism
NEW DELHI : In a written reply to a question in the Rajya Sabha, Union Minister for Ports, Shipping, and Waterways Shri Sarbananda Sonowal outlined the key projects being undertaken by the Centre through
