April 22, 2026
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Paradip Port set to handle 300 mn tonnes in 3 years

April 16, 2024 Ports, Shipping, Trending News
PARADIP : Paradip Port Authority (PPA) is gearing up with grandiose plans to join the elite list of ports handling over 300 million metric tonnes in next three years. Paradip Port with its present

CONCOR throughput grown 11% to 12.44 lakh TEUs in Q4 FY24

April 16, 2024 Shipping, Export - Import, ICD, Logistics, Trending News
NEW DELHI : Container Corporation of India (CONCOR) reported 11.24% increase in total throughput to 12,44,798 twenty-foot equivalent units (TEUs) in Q4 FY24 as compared with 11,19,034 TEUs recorded in Q4 FY23. Domestic (DOM)

JN Port resolves dispute over SEZ Project with EPC

April 16, 2024 Ports, Shipping, Trending News
MUMBAI : Jawaharlal Nehru Port Authority(JNPA) has successfully resolved a longstanding dispute with its Engineering, Procurement, and Construction (EPC) contractor regarding the Special Economic Zone (SEZ) project. This resolution marks a significant milestone for

Long pending reforms to boost shipping industry, promises BJP manifesto

April 15, 2024 Maritime, Coastal Shipping, Inland Waterways, Shipping, Trade, Trending News
NEW DELHI : Ahead of the Lok Sabha elections, the ruling Bharatiya Janata Party (BJP) has promised to encourage the growth of the Indian maritime sector through legislative changes, according to its election manifesto

EAM discusses release of 17 Indians aboard MSC Aries with Iranian counterpart

April 15, 2024 International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : External Affairs Minister Shri S Jaishankar engaged in a conversation with H. Amirabdollahian, the Minister of Foreign Affairs of the Islamic Republic of Iran on April 14 regarding the release of 17 Indian

Families of Indian Crew in ship MSC Aries seized by Iran get relief calls as war looms

April 15, 2024 International Shipping, Maritime, Shipping, Shipping Line, Trending News
THIRUVANANTHPURAM : At least four Malayalis, including a woman, are reported to be among the 17 Indians Crew on MSC Aries the Israel-linked cargo ship seized by Iranian military near the Strait of Hormuz

Automobile exports recover in Q4 riding robust two-wheeler shipments

April 13, 2024 EXPORT, Logistics, Shipping, Trade, Trending News
NEW DELHI : Exports of two-wheelers and three-wheelers, which account for nearly 85% of all automotive shipments from India in terms of volumes, showed clear signs of a rebound in the final quarter of

Third channel to open at Baltimore port as recovery from bridge collapse continues : US Senator Ben Cardin

April 11, 2024 International Shipping, Maritime, Shipping, Trade, Trending News
WASHINGTON : A third channel will open this month at Baltimore’s port after the Francis Scott Key Bridge collapse two weeks ago, and Maryland’s congressional delegation will sponsor legislation seeking federal aid to pay

Baltic index extends decline as larger vessel rates dip

April 11, 2024 International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as rates for the larger vessel segments slipped. The

India secures second overseas port: Sittwe agreement approved by MEA

April 9, 2024 Export - Import, Foreign Ports, Logistics, Maritime, Ports, Shipping, Trade, Trending News
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)
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