Red Sea Crisis : Surge in Ocean Freight Rates Outpaces COVID-19
OSLO : Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the Covid-19 pandemic, reports Xeneta, an ocean freight benchmarking firm
INS Sumitra Carries out 2nd Successful Anti Piracy Ops – Rescuing 19 Crew members and Vessel from Somali Pirates
NEW DELHI : Indian Naval Ship Sumitra, having thwarted the Piracy attempt on FV Iman, has carried out yet another successful anti-piracy operation off the East Coast of Somalia, rescuing Fishing Vessel Al Naeemi and
Container freight rates out of India continue to soar amid Red Sea crisis
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On
Adani Group to continue container operations at Krishnapatnam Port
NELLORE : Adani Krishnapatnam Port Limited (AKPL) clarified through a statement on Sunday, that the container operations at the Krishnapatnam Port will continue operations, in spite of protests by the Telugu Desam Party led
Exports from SMP Kolkata facing several challenges due to surging freight rate, rice ban and also geopolitical turmoil
KOLKATA : Exports from SMP Kolkata (Kolkata Port), a Gateway to Eastern India, are facing several challenges including, geopolitical tension, a government-imposed rice export ban and skyrocketing ocean freight costs, which could lead to
JNPA commemorates Republic Day with a Grand Celebration filled with Patriotism and Fervour
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s leading container port, marked the Republic Day of India with an overwhelming display of patriotism. The event was a vibrant and memorable experience for attendees, with
Merchant ship attacked by drone in Gulf of Aden set to dock at Tuticorin
NEW DELHI : A Marshall Islands-flagged merchant vessel, which was attacked by a drone in the Gulf of Aden last week, is set to dock at the Tuticorin port in Tamil Nadu after the
Chennai Port organizes India-Russia Workshop on Operationalisation of the Eastern Maritime Corridor
CHENNAI : The India-Russia Workshop on Operationalisation of the Eastern Maritime Corridor, organized by the Chennai Port Authority at Taj Vivanta, Sholinganallur, Chennai on 24th January, witnessed active participation of Policy Makers, Regulators, industry leaders from