India to be second fastest growing economy after China this year
MUMBAI : The World Bank positively projected that the Indian economy will grow at 8.3% for the financial year 2021-22. It is to be noted that despite the
HMM confirms a dozen 13,000TEU vessels order
HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000TEU container ships. The total cost of the new
Wan Hai Lines Confirmed Orders For 12 New Vessels
As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of twelve(12) 3055 Teu container vessels with Nihon Shipyard Co Ltd. (NSY) /
Maiden Voyage of Coastal Shipping Service “Green Freight Corridor-2” inaugurated by Mansukh Mand
NEW DELHI : The Ministry of Ports, Shipping and Waterways has accorded high priority to building greater synergies between the Major Ports and Non-Major Ports in order to
In a major technological momentum, JNPT inaugurates 2 Mobile X-ray Scanners
MUMBAI: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port in a major technological push and with a vision to enhance the port’s efficacy, inaugurated 2 Mobile X-ray
The inaugural vessel of CI1 service calls at APM Terminals Pipavav
PIPAVAV : APM Terminals Pipavav received the first call of CI1 (China-India Express) service operated by COSCO/OOCL, last week. The vessel M.V. OOCL MEMPHIS of COSCO shipping line
Govt finalises 7 cargo berths for privatisation at major ports
NEW DELHI : The Ministry of Ports, Shipping and Waterways has prepared a list of seven operational cargo berths run by government-owned major ports that will be privatised
Inter-ministerial tiff over scheme implementation holds back National Logistics Policy: Sources
NEW DELHI : More than two years after the commerce department floated the first draft, the proposed National Logistics Policy that seeks to reduce India’s prohibitively high costs,
India’s plan to become a leading Rail Freight force
As international rail freight superpowers grow, India should not be overlooked. The country is not a new rail freight market. However, it is an extensive and full of
Export target of $400-billion for current fiscal bit ambitious: FIEO
The foreign trade agreements (FTAs) will help in boosting shipments NEW DELHI : The $400-billion export target for the current fiscal is a bit ambitious but can be