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
MoPSW gears up for Special Campaign 4.0 from 2nd October to 31st October 2024
NEW DELHI : In alignment with the Special Campaign 4.0 for institutionalizing Swachhata (cleanliness) and reducing pendency, the Ministry of Ports, Shipping & Waterways (MoPSW) is taking comprehensive preparatory steps to ensure these values
Ship Building & Ship Repair Clusters to be established in five States – Gujarat, Maharashtra, Kerala, Andhra Pradesh and Odisha : Sarbananda Sonowal
NEW DELHI : Union Minister for Ports, Shipping and Waterways (MoPSW) Shri Sarbananda Sonowal said that, Ship-building and ship repair clusters will be established in five states – Gujarat, Andhra Pradesh and Maharashtra, Kerala and