March 5, 2026
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Gujarat emerges as the Growth Engine of India with 33% Export share

January 6, 2024 EXPORT, Business, COMMERCE, Economy, Global Trade, Logistics, Trade, Trending News
AHMEDABAD : Gujarat Industries Minister Shri Balvantsinh Rajput has said that Gujarat boasts a remarkable 33% share in exports and contributes 18% to the total production of the country by holding top position in

Gujarat invests ₹50 Crore in Submarine for Advancing Under-Sea Tourism

January 6, 2024 Maritime, Tourism, Trade, Trending News, Water Transport
GANDHINAGAR : The Gujarat government is set to introduce an innovative under-sea tourism experience by acquiring a ₹50-crore submarine designed to transport passengers to Beyt Dwarka, a small island believed to be part of

FMC granting ‘special permission authority’ for Red Sea diversion freight hikes

January 6, 2024 Export - Import, Logistics, Maritime, Shipping Line, Trade, Trending News
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with

26 shipping lines sign up in Container Deposit Refund System

January 6, 2024 International Shipping, Shipping Line, Trade
PHILIPPINES : Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund. New entrants are MSC Mediterranean Shipping Company

AD Ports Group and Red Sea Port Authority Initial 15-Year Concession Agreement to Boost Cruise Tourism in Egypt

January 6, 2024 International Shipping, Foreign Ports, Logistics, Trade, Trending News
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to operate and manage three cruise terminals

Saudi Red Sea Authority initiates on ground inspections ahead of License Issuance

January 6, 2024 International Shipping, Foreign Ports, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite for issuing the required licenses to

Unmesh Sharad Wagh gets additional charge of Chairman, JNPA

January 5, 2024 Ports, Logistics, Shipping, Trade, Trending News
MUMBAI : The Ministry of Ports, Shipping, and Waterways has given the additional charge of Chairman, Jawaharlal Nehru Port Authority, to Mr. Unmesh Sharad Wagh, a 2002 batch Indian Revenue Services (IRS) Officer. The previous Chairman, Sanjay

Nhava Sheva Port records high box volume in 2023

January 5, 2024 Ports, Logistics, Shipping, Terminal, Trade, Trending News
MUMBAI : Nhava Sheva Port (JNPA) ended 2023 on a strong note, with its annual container throughput reaching a new high. The port saw yearly containerised traffic rise 7% year-over-year to 6.3 million TEUs,

Jaishankar advocates support for ‘Make in India’ as cheap imports from China ‘invade’ markets

January 5, 2024 Import, Associationn, COMMERCE, Trade, Trending News
NEW DELHI : External Affairs Minister S Jaishankar has stressed the need for increased utilisation of locally manufactured products by Indian consumers, especially as cheap and highly subsidised imported items are ‘invading’ Indian markets.

Centre may sell stake in NLC, Mazagon Dock by March 31

January 5, 2024 Ship Building, Economy, Trade, Trending News
NEW DELHI : India’s Finance Ministry may sell up to 10 percent stake each in NLC India (formerly Neyveli Lignite Corporation), Mazagon Dock Shipbuilders and Indian Railway Finance Corporation via the offer for sale route before
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