DP World Cochin handles more than 8 lakh TEUS in Kochi in 2024, post 17% growth
KOCHI : DP World, a leading global provider of smart end-to-end supply chain solutions, has registered a growth of 17% in 2024 compared to the previous year at its International Container Transshipment Terminal (ICTT)
Shipbuilders hopeful for Customs Duty exemption extension in upcoming Budget
NEW DELHI : Indian shipbuilders are facing uncertainty as the Customs Duty exemption on the import of raw materials, machinery, and equipment used in ship construction is set to expire on March 31.“The withdrawal
Cochin Port Trust invites bids for 1.5 MW Floating Solar Power Project
KOCHI : The Cochin Port Trust, operating under the Ministry of Ports, Shipping, and Waterways, has issued a tender for the development of a 1.5 MW grid-connected floating solar power project at Willingdon Island,
Baltic Index down for third straight session on lower capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize
PM Modi dedicates frontline naval combatants INS Surat, INS Nilgiri & INS Vaghsheer to the nation
MUMBAI : The Prime Minister Shri Narendra Modi dedicated three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation on their commissioning at the Naval Dockyard in Mumbai. Addressing the
BCSA warns of looming rail cargo congestion
DHAKA : Bangladesh’s Container Shipping Association (BCSA) gave warning of-an imbalance in railroad capacity in Bangladesh may pose a problem for cargo transportation throughout the country in the coming months as a current pileup could roll
ICC welcomes investment of Rs 50,000 cr to boost National Waterways
GUWAHATI : The Indian Chamber of Commerce (ICC) welcomed Inland Waterways Development Council’s decision to invest over Rs 50,000 crore over a period of five years to boost infrastructure of National Waterways. In a
SMP Kolkata reports decline in cargo volume
KOLKATA : SMP Kolkata recorded a sharp decline in cargo volume in the first nine month of FY25, led by dwindling coal movement at Haldia and Calcutta. Compared with a 2.68 per cent growth
