Regional container trade imbalances increase 33% : BIMCO
LONDON : “Since 2019, the global container market has grown 8%, ending at 183.2m TEU in 2024 according to Container Trade Statistics. However, growth has been very uneven and regional imbalances between exports and
IRClass Academy successfully concludes Bespoke Training for Zodiac Maritime
MUMBAI : IRClass Academy, the training arm of Indian Register of Shipping successfully conducted a one-day training programme on the Recruitment and Placement Services Licence (RPSL) and the Maritime Labour Convention (MLC) exclusively for
Indian container markets prices surge
MUMBAI : India’s container market is experiencing tailwinds, with average prices for 40-foot high-cube cargo-worthy containers reflecting a promising trajectory across key ports, including Chennai, Mundra, and Nhava Sheva on a year-on-year (YoY) basis.
DPA Kandla signs MoU with Bapu’s Shipping (Jamnagar) Pvt. Ltd.
GANDHIDHAM : Deendayal Port Authority Kandla signs MoU with Bapu’s Shipping (Jamnagar) Pvt. Ltd. for Bio-Methanol Bunkering at Kandla Port In a significant move towards promoting sustainable maritime operations, Deendayal Port Authority, Kandla has
DPA partners with Cochin Shipyard to establish ₹1,750 crore ship-repair hub in Gujarat
GANDHINAGAR : Deendayal Port Authority (DPA) which operates and manages Kandla Port is teaming up with India’s biggest shipbuilding and ship-repair entity, Cochin Shipyard Ltd (CSL), to construct a ship-repair hub on India’s western
UP Cabinet approves creation of Inland Waterways Authority
LUCKNOW : UP Cabinet approved the creation of the Uttar Pradesh Inland Waterways Authority, aiming to boost water transport and tourism in the state. The cabinet also enacted the ‘Uttar Pradesh Waterways Authority Rules-2025’
DBGT expands Global Reach with VOC Port’s support
TOOTHUKUDI : Dakshin Bharat Gateway Terminal proudly announces the successful berthing of M.V. HONG JIA 21, the maiden service to Port Klang (West), Malaysia, achieving a landmark milestone by facilitating a direct call from
GIFT City gets a booster dose as Budget doles out tax benefits for ship leasing companies
GANDHINAGAR : GIFT City, which is India’s only International Financial Services Centre (IFSC), has got a shot in the arm in the Union Budget as the government has introduced tax benefits for ship leasing
