April 22, 2026
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APSEZ received approval of Rs 45,000-cr Mundra Port capacity expansion

June 18, 2024 Ports, Economy, Maritime, Private Port, Shipping, Trade, Trending News
AHMEDABAD : Adani Ports & Special Economic Zone (APSEZ) which plans to more than double the capacity at Mundra Port in Gujarat has received the environmental and Coastal Regulation Zone (CRZ) approval from the

Supercharging the Supply Chain growth engine

June 18, 2024 Logistics, Business, COMMERCE, Shipping, Supply Chain, Trade, Trending News
NEW DELHI : If your mind were to perchance wander and settle upon the topic of manufacturing and supply chains, the chances are that China will be one of the first names that pops

India’s major ports’cargo handling up 6% to 72 million tonnes in May

June 17, 2024 Ports, Shipping, Trending News
NEW DELHI : According to provisional and advance estimates data released by the Ministry of Ports, Shipping, and Waterways for April-May 2024-25, cargo handled at major ports increased by 4.02 per cent year-on-year (Y-o-Y)

SCI set to open subsidiary in IFSC, GIFT City

June 15, 2024 Shipping, Economy, Finance, Shipping Line, Trade, Trending News
MUMBAI : Shipping Corporation of India (SCI) is set to open a wholly-owned subsidiary in IFSC, Gift City, in Gandhinagar, Gujarat. It has received a nod from Niti Aayog and the Ministry of Ports,

Leverage GIFT City for Shipping

June 14, 2024 Logistics, Ship Building, Shipchartering, Shipping, Shipping Line, Trade, Trending News
GANDHINAGAR : Considering India’s burgeoning import of transport services, which touched a whopping $109 billion in 2022, there is a proposal to form a new shipping company having a fleet of 1,000 vessels. It

MoPSW kickstarts with 100 Days agenda, IRS congratulates Sarbananda Sonowal

June 13, 2024 Shipping, Maritime, Ports, Trending News
NEW DELHI : Upon assuming office, Shri Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways held an extensive interaction with officials ranging from ASOs to Directors within the ministry. The engagement underscored the

SMP Kolkata decreases rates to attract more cargo

June 13, 2024 Ports, Economy, Finance, Shipping, Trending News
KOLKATA : The Syama Prasad Mookerjee Port in Kolkata (SMPK) has announced a volume-based rebate scheme for 2024-25 to enhance the volume of cargo. SMPK handled a record 66.4 million tonnes of cargo in

Shipping Corp strategic sale may proceed without further delay

June 13, 2024 Shipping, Trade, Trending News
MUMBAI : The strategic sale of Shipping Corporation of India Ltd. (SCI) is likely to finally take off with no further delay now that it has got the approval on stamp duty waiver from Maharashtra

Safess Quality Management and AITG Sign MoU for Technical Collaboration in EPC Projects

June 13, 2024 Maritime, Shipping, Trending News
MUMBAI : Safess Quality Management Pvt Ltd, (Safess) a wholly owned subsidiary of IRClass Systems & Solutions Pvt Ltd (ISSPL), and Applied Innovation and Technology Group (AITG), represented by Marathwada Auto Compo Private Limited and Preci

Newbuilding prices climb 3% to highest level in 16 years : BIMCO

June 13, 2024 International Shipping, Maritime, Ship Building, Shipping Line, Shipyards, Trending News
LONDON : “Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%. During the
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