May 24, 2026
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May 7, 2024

Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market

International Shipping, Logistics, Shipping Line, Trade, Trending News
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data
May 7, 2024

Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering

International Shipping, Maritime, Ship Repair, Shipyards, Technology, Trending News
CAPE TOWN : South African Nouum Engineering, a leading provider of diesel engine services for marine, power, locomotive and generators globally and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard have signed a
May 6, 2024

VPA creates history by handling the largest ever container vessel “MSC Teresa”

Shipping Line, Maritime, Ports, Trade, Trending News
VISAKHAPATNAM : The Visakhapatnam Port Authority (VPA) have created history by handling MSC TERESA, the largest ever Container Vessel to call at any Indian Port on the East Coast (with LOA 365.50 mtrs. &
May 6, 2024

JSW Infrastructure plans to invest over ₹2,500 Cr in FY2025 to expand its cargo handling capacity

Trade, Economy, Global Trade, Infrastructure, Trending News
MUMBAI : Private port operator JSW Infrastructure Ltd plans to invest over ₹2,500 crore in fiscal year 2025 to expand its cargo handling capacity, said Mr. Arun Maheshwari, joint MD and CEO of the company.
May 6, 2024

‘Jawaharlal Nehru Port expansion to begin by April 2025,create 10 lakh jobs in next 10 years’: Unmesh Wagh

Ports, Economy, Shipping, Trade, Trending News
MUMBAI : Stating that the future of Maharashtra will be in Palghar, Chairperson of Jawaharlal Nehru Port Authority (JNPA) Unmesh Wagh said the expansion of the port will begin by April 2025 and will
May 6, 2024

204th Meeting of IPA Governing Body was held at DPA, Kandla

Ports, Shipping, Trending News
GANDHIDHAM : 204th Meeting of IPA Governing Body was organised at DPA, Kandla, chaired by Shri Rajiv Jalota, IAS, Chairperson MbPA & IPA, in the presence of Shri Sunil Paliwal, IAS, Chairman-Chennai Port Authority;
May 6, 2024

Turnaround time of ships at Indian Major Ports improved 9% in FY24 by strengthened infrastructure

Ports, Infrastructure, Shipping, Trade, Trending News
NEW DELHI : Major ports in India in the Financial Year 2023-24 (FY24) registered a 9 per cent improvement in turnaround time, of 48 hours, compared to 52.9 hours the year before as infrastructure
May 6, 2024

India and Australia to work closely for collaborative projects : CECA negotiations

Trade, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : Australia is an important trading partner of India in Oceania region with merchandise trade between India and Australia reaching around 24 billion USD in 2023-24, signaling significant potential for further growth. The
May 6, 2024

DP World expands Indian warehousing reach with cutting-edge facility launch in Goa

Logistics, Ports, Trending News, Warehousing
GOA : DP World has launched warehousing operations in Loutulim in Goa, enhancing its presence in India. Situated near key transportation hubs, including Mormugaon Port and Dabolim Airport, the Grade A warehouse offers seamless
May 6, 2024

India extends duty-free import of yellow peas for another four months

Import, Business, Trade, Trending News
NEW DELHI : India has extended the timeline for duty-free imports of yellow peas by four more months until October 2024, according to an official notification. In early December, the central government allowed duty-free
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