Container freight rates out of India on major trades see gains as capacity tightens
NEW DELHI : Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to an analysis of market data for June.
MoPSW may back green transition of inland vessels, tugboats with ₹15,000 cr VGF
NEW DELHI : The Shipping Ministry is preparing a ₹15,000-crore viability gap funding (VGF) plan for companies to shift to greener vessels for inland water transport over the next 10 years, said two persons aware
India’s Major Ports lead in Coastal Cargo handling
NEW DELHI : A recent analysis reveals that India’s Major Ports have emerged as leaders in handling coastal cargo, outperforming non-major and private ports in this crucial sector of maritime logistics. Coastal cargo refers
DG Shipping warns seafarers of rising fraud in maritime recruitment
MUMBAI : Directorate General of Shipping has issued a stern warning to seafarers and their families about the growing number of deceptive practices in the maritime recruitment industry. The advice comes in reaction to
Merchant Navy Welfare Board (India) celebrates Day of the Seafarer across Indian Ports and Seafaring Communities
MUMBAI : The Merchant Navy Welfare Board (India), a leading organization dedicated to the welfare of seafarers, proudly celebrated the Day of the Seafarer at various Indian ports and seafaring communities. Ship welfare officers
Sarbananda Sonowal reviews Inland Water Transport Projects at IWAI Headquarters
NOIDA : The Hon’ble Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, visited the Noida Head Office of the Inland Waterways Authority of India (IWAI) on Tuesday. During his visit, Shri Sonowal
BCBA focuses on Logistics in AMRITKAL VISION-2047
MUMBAI : The Brihanmumbai Custom Brokers Association (BCBA) is proud to announce the Logistics Conclave 2024, a major step towards fulfilling India’s vision of “Viksit Bharat 2047.” This event also supports the goal of
Develop Indian shipping lines, lower duty on precious metals: Exporters in pre-Budget meet
NEW DELHI : As Covid-19 and the ongoing Red Sea crisis pushed shipping rates several fold higher, hitting exports, exporters have urged the government to develop Indian shipping lines of global repute to boost