Chennai Port Authority wins the IAPH Sustainability Award 2024
CHENNAI : Chennai Port Authority proud to announce that Chennai Port has won the IAPH Sustainability Award 2024 in the Community Building category, marking a historic moment as the first Indian port to achieve
Kerala govt to develop catchment area around Vizhinjam Port : P. Rajeeve
THIRUVANANTHPURAM : Kerala government plans to establish a catchment area and assembly cluster around Vizhinjam International Seaport, as announced by Kerala Industries Minister Shri P. Rajeeve. He stated that the catchment area will serve
Andhra Pradesh govt issues EOI for ports
VISAKHAPATNAM : The Andhra Pradesh Government has generated significant interest by issuing an Expression of Interest (EOI) for the construction, operation, and maintenance of various ports in the state. This initiative aims to enhance
JSW Infra announces Rinkesh Roy as new CEO
MUMBAI : JSW Group firm JSW Infrastructure Ltd on Tuesday (October 8) announced that Arun Maheshwari will step down as joint managing director and CEO, effective November 7, 2024. Maheshwari, who will continue serving
Registration certificate not mandatory for exporters seeking benefits: DGFT
NEW DELHI : The Commerce Ministry’s arm DGFT has clarified that registration-cum-membership certificate is not mandatory for exporters to seek benefits under schemes like duty drawback and remission of state levies. According to the
NATPET achieves a 50% reduction in lead times with Maersk’s integrated logistics solutions
DUBAI/JEDDAH : National Petrochemical Industrial Co. (NATPET), a leading Saudi Arabian polypropylene resin producer, has significantly improved its supply chain efficiency through a strategic partnership with A.P. Moller – Maersk (Maersk). The collaboration has
BIMCO approves first management agreement for autonomous ships
LONDON : BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships. The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver
Baltic index hits over one-month on lower capesize demand
LONDON : The Baltic Exchange’s main sea freight index continued its decline for the eighth consecutive session on Wednesday, reaching its lowest point in over a month due to reduced demand for capesize vessels.