Sarbananda Sonowal launches ‘Cruise Bharat Mission,’ to double cruise calls and passengers within Five years
MUMBAI : The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal, launched the ‘Cruise Bharat Mission’ from the Mumbai Port. Aimed at the boosting the tremendous potential of cruise tourism in
Adani Ports reports 7% growth in cargo volumes
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) managed to handle 183 million metric tonnes (mmt) of cargo during the period of April to August 2024. The company saw a 7% year-on-year growth
UAE expresses interest in investing in Chattogram port
DHAKA : The United Arab Emirates (UAE) is keen to invest in Chattogram port for the financial benefit of both countries. UAE Ambassador to Bangladesh Abdullah Ali Al Hamoudi expressed interest in a meeting
Baltic Index falls as rates decline across all vessels
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across all vessel segments. The overall index, which factors
Deendayal Port Authority sets a new record in cargo handling : Crosses 70 MMT ahead of schedule
GANDHIDHAM : Deendayal Port Authority, Kandla is proud to announce a significant milestone in cargo handling, achieving 70 MMT this fiscal year—a remarkable feat accomplished 16 days ahead of the previous fiscal. Last year,
Govt. of Kerala launches logistics park network
THIRUVANANTHAPURAM : Looking out for the businesses connected to the soon-to-be operational Vizhinjam International Transshipment Port, the state government of Kerala is taking significant initiatives, including the launch of a Logistics Park network. Situated
Container freight rates take a dip amid sluggish exports from India in Sept
NEW DELHI : Freight rates on the main trades out of India got down in September as the pace of exports slowed. On the westbound India-Europe trade, average spot rates for loads from West
World Maritime Day 2024 : Quote by Homyar Desai, Director – Sea Freight, Jeena & Company
“World Maritime Day 2024’s theme, ‘Navigating the future: safety first!’ underscores the critical need to prioritise safety as the backbone of a sustainable and resilient maritime industry. For India, a nation whose maritime sector