Veer selects Fosen Shipyard for wind power and Hydrogen Container Vessels
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of Intent (LOI) with the selected shipyard,
India and Vietnam team up to preserve Maritime History with NMHC in Lothal, Gujarat
NEW DELHI : India and Vietnam, two nations with a rich and intertwined maritime history, are joining forces to develop the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat. This partnership, rooted in centuries-old
PPA clocks the fastest 50 MMT cargo throughput in a fiscal
PARADIP : Paradip Port Authority cargo throughput zoomed past 50 MMT (Million Metric Tonnes) mark in current fiscal. After unforgettable last fiscal, PPA has made an auspicious beginning to FY 24-25 and total cargo
Adani Group mulls investment of $2 billion in Vietnam Port
AHMEDABAD : Adani Group is considering investment of more than $2b in Lien Chieu port, Vietnam’s coastal city of Danang, according to a posting on the Southeast Asian country’s govt website, citing co.’s Chairman
Paradip Port Authorities detain Chinese cargo ship over monetary dispute
PARADIP : The Paradip Port Authority (PPA) has detained the Chinese cargo vessel ZHE HAI 505 in response to an order from the Odisha High Court. The detention, carried out on July 31, was
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta
Nitin Gadkari emphasises importance of Chabahar Port in strengthening bilateral and regional trade during Iran visit
TEHERAN : Union Minister Shri Nitin Gadkari attended swearing-in ceremony of Iranian president Masoud Pezeshkian in Iran. “We look forward to continued collaboration and mutual growth, reaffirming our commitment to furthering India-Iran relations across
Bharatmala Pariyojana to improve connectivity and reduce logistics cost
NEW DELHI : Union Minister for Road Transport and Highways, Shri Nitin Gadkari informed in a written reply in the Rajya Sabha that, under Bharatmala Pariyojana, projects are executed under Economic Corridor, Inter-corridor, Feeder Routes,