Samsung Heavy bags order for LNG carrier quartet
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a contract for the construction of four liquefied natural gas (LNG) carriers The order has been placed by an undisclosed
‘India aims at $101 billion capital goods manufacturing by 2025’: Piyush Goyal
NEW DELHI : The national capital goods policy aims to increase domestic capital goods manufacturing output to $101 billion by 2025, a 225% jump from $31 billion in
West Bengal CM is looking to boost ‘reformer’ credentials with Tajpur Port project
KOLKATA : West Bengal Chief Minister Smt Mamata Banerjee is looking for non-public funding to construct a greenfield port at Tajpur in West Bengal’s Purba Medinipur district, on
Sunil Paliwal, IAS takes charge as Chairperson of Chennai Port Trust
CHENNAI : Chennai Port Trust said, Sunil Paliwal, a 1993 batch Tamil Nadu cadre IAS officer, has assumed office as its Chairperson for overall tenure of five years
CONCOR dispatches 1st maiden rake from its CFS in Mundra to Dadri, a sole rail linked CFS
AHMEDABAD : Container Corporation of India Ltd (CONCOR) has added one more Rail Linked Multi-modal Logistics Park in Mundra Port Area, in its list of 60 Terminals. CONCOR
PHDCCI expects strong GDP growth in coming quarters
NEW DELHI : Industry chamber PHDCCI said it expects strong GDP growth in the coming quarters with the economic recovery gaining momentum. Out of the 12 lead economic and
CICT declared Asia’s Best Container Terminal under 4 million TEU for 5th consecutive year: Sri Lan
Colombo International Container Terminals (CICT) has continued its winning streak on the global stage by winning the award for the ‘Best Container Terminal in Asia’ in the Under
Demand pickup, infra creation to grow logistics sector
NEW DELHI : A pick-up in demand along with reforms and construction of support infrastructure is expected to grow India’s logistics sector by 10-12 per cent CAGR. At
Adani to meet Sri Lankan President in Colombo
MUMBAI : Gautam Adani, Chairman of the Adani Group that was chosen to develop a major port terminal project in Sri Lanka, is scheduled to meet President Gotabaya Rajapaksa
MSC increases freight rates from Africa to Europe
GENEVA : Mediterranean Shipping Company (MSC) has published new Freight All Kinds (FAK) increases for cargoes travelling from Africa to Europe. The updated prices will be effective from
