New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035
NEW DELHI : Ministry of Ports, Shipping and Waterways (MoPSW) is working on a new shipbuilding scheme, which would incentivise Indian shipyards till 2035 by various measures, Ports, Shipping and Waterways Secretary Mr. T
IPA data showing cargo traffic at major ports grows 5.92 % to 70.08 MT in July
MUMBAI : Cargo traffic at 12 major ports in the country grew 5.92 per cent to 70.08 million tonnes (MT) in July from 66.17 MT handled in the year-ago period, according to the data
Adani Ports records 18% jump in cargo volumes in Jul’24
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) announced that in Jul’24, the company recorded 37.3 MMT of total cargo (+9.5% YoY). The growth in cargo was primarily driven by containers, which was
Cruise Tourism in India faces a host of challenges despite tax incentives for foreign liners
NEW DELHI : Indian ports like Visakhapatnam, Mumbai, Mormugao, New Mangalore, Kochi, Chennai and Tuticorin have attracted international cruise liners, but still the cruise tourism market in India is only $100 million, which is
BSSA urges Bangladesh Govt to waive port fees incurred during unrest
CHITTAGONG : The Bangladesh Shipping Agents’ Association (BSAA) recently urged the government to waive all port charges incurred for delays in container handling during the recent unrest, curfew and internet outage. The association said
Baltic index snaps 10-session losing streak as capesize rates gain
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session losing streak on last Friday, supported by gains in capesize rates. The
JNPA handles highest monthly container traffic of 603,219 TEUs in July 2024, marking a 16.39% growth
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) – India’s Best Performing Port, is proud to announce a significant milestone in its operational history. In July 2024, JNPA handled an impressive 603,219 TEUs, marking the
DPA Chairman meets Gujarat CM
GANDHIDHAM : Shri Sushil Kumar Singh, IRSME, Chairperson-Deendayal Port Authority, had a courtesy meeting with Shri Bhupendra Patel, Hon’ble Chief Minister of Gujarat. Key projects at the Port were discussed, underscoring our emphasis on