NEW DELHI : India should develop a regional network of vital ports to fully capitalise on the opportunities for trade growth along its coastline, according to S&P Global Ratings. Noting enhanced competition, the global
NEW DELHI : The Union Government is looking to reduce the tax on marine diesel oil (MDO) by building consensus to bring it under the Goods and Services Tax (GST), among other options. The
MUMBAI : Chairman and Managing Director Captain Binesh Kumar Tyagi stated that, Shipping Corporation of India Ltd (SCI) will initiate action to buy four more second hand container ships of various sizes to add
THIRUVANANTHAPURAM : Vizhinjam International Seaport to make History with six ships in one week! At least one ship will sail in almost every day. MSC Tavvishi has come already in the dock of the
NEW DELHI : The Shipping Corporation of India (SCI) will acquire five new functional container ships and other agencies involved in export logistics like Container Corporation (Concor) and ports will reduce their tariffs to help
NEW DELHI : Indian Major Ports steadily more adopting the operation and maintenance (O&M) model as an alternative to the public-private partnership (PPP) format for privatising cargo terminals. The O&M model is seen as a
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal signed extended MoU on Maritime issues with Denmark Minister Mr. Morten Bodskov, Minister for Industry, Business and Financial Affairs here. India
NEW DELHI : An inter-ministerial meeting was held here on Thursday under the chairmanship of Union Minister of Commerce & Industry, Shri Piyush Goyal to address rising freight cost, shipping delays, shortage & non-availability
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd (GRSE) said on Wednesday (September 18) that it has received a $54 million order from Germany-based Carsten Rehder Schiffsmakler and Reederei GmbH & Co. to construct
NEW DELHI : August 2024 freight rates have surged nearly 70% year-on-year across Indian ports, showing global shipping disruptions, sustained demand and capacity constraints, which will add to the cost burden of India Inc.