March 4, 2026
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India signs Statements of Intent with U.K on electric propulsion systems for Indian Navy

November 30, 2024 Maritime, Defence, DockS, Navy, Ports, Shipping, Trade, Trending News
NEW DELHI : India and the U.K. signed a Statement of Intent (SoI) on cooperation on design & development of Electric Propulsion Systems for the Indian Navy. The signing was part of the third

SLPA confirms stability of Adani Group’s Colombo Terminal Project

November 30, 2024 Ports, Container Terminal, Finance, Foreign Ports, Global Trade, Trending News
COLOMBO : Sri Lanka Ports Authority has reaffirmed its commitment for Adani Port and Special Economic Zone’s Colombo West International Project. In a statement, SLPA Chairman Admiral Sirimewan Ranasinghe (Retd) has emphasised that there

MSC Group completes acquisition of minority stake in HHLA

November 30, 2024 International Shipping, Foreign Ports, Global Trade, Shipping Line, Trending News
HAMBURG : MEDITERRANEAN Shipping Co has finalised its acquisition of a 49.9% stake in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), a key port operator in Hamburg, Germany. MSC and the City of Hamburg, which retain 50.1% ownership,

Senior Maritime Law Enforcement and Regulatory Officers gather to strengthen fight against Piracy and Sea Robbery in Asia

November 30, 2024 International Shipping, Global Trade, Maritime, Maritime Piracy, Ocean Attack, Terrorism, Trending News
INCHEON : The ReCAAP Information Sharing Centre (ISC), with the support of the Republic of Korea Ministry of Oceans and Fisheries, also the Focal Point for Republic of Korea, concluded a five-day Capacity Building

Baltic index drops to 10-month low as rates across segments dip

November 30, 2024 International Shipping, Dry Bulk Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a 10-month low on Friday, logging its second straight weekly loss,

Piyush Goyal meets with H.E. Sophie Primas, Minister Delegate of France for Trade and French Nationals Abroad

November 29, 2024 Trade, COMMERCE, Global Trade, Trending News
NEW DELHI : Shri Piyush Goyal, Union Minister for Commerce & Industry(CIM) held discussions with H.E. Ms. Sophie Primas, Minister Delegate of France for Foreign Trade and French Nationals Abroad on trade, investment and

Kerala Govt. signs new agreement with Adani to complete Vizhinjam Port by 2028

November 29, 2024 Ports, Business, Finance, Trade, Trending News
KOCHI : Kerala Chief Minister Shri Pinarayi Vijayan announced the signing of a supplementary concession agreement with Adani Vizhinjam Port Private Limited, fast-tracking the completion of the Vizhinjam International Seaport. The new agreement modified

Adani Group commits additional $1.2 Billion to Kerala Deep-Sea Port Development

November 29, 2024 Ports, Company, Maritime, Shipping, Trade, Trending News
KOCHI : Adani Group’s ports business will invest an extra $1.2 billion in a long-delayed deep-sea facility in India’s southern state of Kerala, its local government said on Thursday. The deal comes after Adani

JNPA welcomes SOP for establishing and operating Empty Container Yards

November 29, 2024 Logistics, Ports, Shipping Line, Trade, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) welcomes the SOP for establishing and operating Empty Container Yards, marking a significant step in enhancing Ease of Doing Business (EoDB). This achievement is the result of

Will Tesla and Starlink make their India debut? Piyush Goyal weighs in

November 29, 2024 Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : Union Commerce Minister Shri Piyush Goyal on Thursday said that India does not see any problems with the incoming Donald Trump administration and described the US President-elect as a friend. “Trump
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