Automobile exports recover in Q4 riding robust two-wheeler shipments
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
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
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
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)
JNPA expands liquid cargo handling capacity
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) is pleased to announce the successful expansion of its liquid cargo handling capacity with the introduction of Additional Liquid Cargo Berths (ALCB), namely Liquid Berth-3 and Liquid
Indian Register of Shipping commences celebrations as it enters 50th year
MUMBAI : Indian Register of Shipping (IRS), a leading classification society, enters 50th year, marking half a century of commitment to maritime safety, quality, and innovation. The organisation commenced year-long celebrations on its foundation day
Disinvestment of NTPC & SCI on first 100-day agenda of govt
NEW DELHI : Disinvestment of state-owned companies such as NTPC and Shipping Corporation of India (SCI) will figure high on the first 100-day agenda of the government after the votes are counted on June
Indian Major Ports handled highest ever Cargo of 819.4 MMT and investment exceeding Rs.12,500 Cr in 2023-24
NEW DELHI : India’s Major Ports under Ministry of Ports, Shipping & Waterways (MoPSW) experiencing steady growth, indicating positive developments in the country’s trade and logistics sectors. In 2023–2024, India’s 12 major ports have