India secures second overseas port: Sittwe agreement approved by MEA
NEW DELHI : After Chabahar, India has gained the rights to operate a second overseas port, Sittwe, in Myanmar. The Ministry of External Affairs (MEA) has approved a proposal for India Ports Global (IPGL)
JNPA expands liquid cargo handling capacity
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) is pleased to announce the successful expansion of its liquid cargo handling capacity with the introduction of Additional Liquid Cargo Berths (ALCB), namely Liquid Berth-3 and Liquid
Indian Register of Shipping commences celebrations as it enters 50th year
MUMBAI : Indian Register of Shipping (IRS), a leading classification society, enters 50th year, marking half a century of commitment to maritime safety, quality, and innovation. The organisation commenced year-long celebrations on its foundation day
Disinvestment of NTPC & SCI on first 100-day agenda of govt
NEW DELHI : Disinvestment of state-owned companies such as NTPC and Shipping Corporation of India (SCI) will figure high on the first 100-day agenda of the government after the votes are counted on June
Indian Major Ports handled highest ever Cargo of 819.4 MMT and investment exceeding Rs.12,500 Cr in 2023-24
NEW DELHI : India’s Major Ports under Ministry of Ports, Shipping & Waterways (MoPSW) experiencing steady growth, indicating positive developments in the country’s trade and logistics sectors. In 2023–2024, India’s 12 major ports have
NMPA registers 10.36% growth in cargo handling, nets ₹551 crore surplus in 2023-24
MANGALURU : The New Mangalore Port Authority (NMPA) has registered 10.36% growth by handling 45.7 million tonnes (MT) of cargo in 2023-24 as against 41.41 MT cargo in 2022-23. NMPA has achieved a net
RIL, Tata Motors & IOCL are the primary bidders for government’s big project on Green Hydrogen
MUMBAI : Reliance Industries (RIL), Tata Motors, and Indian Oil Corporation (IOC) are likely to be the primary bidders for the use of government’s experimental project involving green/grey hydrogen (H2) in the transportation sector.
Hindustan Shipyard to post highest-ever pre-tax revenue of Rs 1597 crore
VISAKHAPATNAM : Defence PSU Hindustand Shipyard Limited (HSL) has created a record by achieving highest-ever provisional revenue of 1597 crores in FY-24. It is important to note here that in FY’24, HSL has registered