Chennai and Kamarajar Ports cross ₹1,000 crore operating income in FY 2023-24
CHENNAI : Chennai Port Authority (CPA) and its subsidiary, Kamarajar Port Ltd (KPL) in Ennore, North Chennai, crossed ₹1,000 crore (each) in operating income in a financial year in 2023-24, For the first time.
Cochin Port registers record cargo throughput during 2023-24
KOCHI : The Cochin Port under the Cochin Port Authority (CPA) performed considerably well during the financial year 2023-24 registering a record cargo throughput of 36.32 million metric tonnes (Mt), which is also the
China, India boost seaborne thermal coal imports as power demand surges
TORONTO : China and India lifted imports of seaborne thermal coal to three-month highs in March as the world’s two biggest buyers took advantage of lower international prices of the fuel to meet strong
India was working on alternative logistic corridors linking India with the Pacific and Atlantic Ocean : S Jaishankar
AHMEDABAD : Union Minister of External Affairs (MEA) Shri S Jaishankar while addressing businessmen and traders at Ahmedabad on Tuesday, said “India was working on alternative logistic corridors that will link the Pacific with
Vizhinjam Port will be operational by Onam : Adani Group
THIRUVANANTHAPURAM : Adani Group stated that Vizhinjam International Port Project will become operational by Onam, in spite of so much protests and controversies. A trial run of port operations will begin in May using
JNPA handles new high of over 6.43 million TEUs in fiscal 2023-24
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) was estimated to achieve a throughput of over 6.43 million TEUs in fiscal 2023-24, at the time of going to press. It is a significant improvement over
Celebrating exemplary role of Seafarers in Maritime Sector: Weeklong National Maritime Celebrations begins with pinning of the first “Merchant Navy Flag on PM’s lapel”
NEW DELHI : Gearing up for a weeklong celebration of National Maritime Day starting April 5, the Prime Minister, Shri Narendra Modi, was honored with the ‘Merchant Navy Flag,’ pinned on his lapel by
Indian Ports struggle with massive demand as Ships Re-Route amid Red Sea Crisis
MUMBAI : In the wake of vessel re-routings aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a massive surge, highlighting a growing challenge for