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January 5, 2024

Unmesh Sharad Wagh gets additional charge of Chairman, JNPA

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
January 5, 2024

Nhava Sheva Port records high box volume in 2023

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,
January 5, 2024

Vizag port confident to touch 80 MT mark: Aims for record growth and sustainability in 2023-24

Maritime, Cruise Tourism, Ports, Trending News
VISAKHAPATNAM : Visakhapatnam Port will emerge as number one port among major ports in the country, said Visakhapatnam Port Authority (VPA) Chairman Mr. M Angamuthu. Speaking to the media here on Wednesday, he said
January 5, 2024

Govt receives 11 firms’ Expression of Interest in Great Nicobar Island Transhipment Port Project

Maritime, Ports, Shipping, Trending News
NEW DELHI : The government has received Expressions of Interest (EOIs) from 11 players for the Rs 41,000-crore international transhipment port project at Great Nicobar Island in the Bay of Bengal, Union Minister Shri
January 5, 2024

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

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.
January 5, 2024

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

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
January 5, 2024

India’s exports to grow 12% by 2030, Barclays expects ‘Realistically’ as PLI Schemes achieve “Mixed Success”

EXPORT, Economy, Trade, Trending News
NEW DELHI : Barclays stated recently, that it would be more realistic to expect India’s exports to increase by approximately 12 per cent by 2030. This would equate to a global export share of
January 5, 2024

ONE Line to announce a new West India Service to call Savannah from May 2024

International Shipping, Foreign Ports, Trending News
SINGAPORE : Ocean Network Express will launch a new containership service between Port of Savannah and West India in May 2024. The new offering will give the Georgia Ports Authority 10 services via the
January 5, 2024

US invites India to join naval coalition in Red Sea

International Shipping, Defence, Maritime, Trending News
NEW DELHI : The US has invited India to join the multi-national naval coalition, Operation Prosperity Guardian, to counter threats posed by Yemen’s Houthi militants in the Red Sea, according to persons aware of
January 5, 2024

US and Allies issue ‘Final Warning’ to The Houthis over Red Sea Attacks

International Shipping, Defence, Maritime, Shipping, Trending News
WASHINGTON : A strong warning has been issued to the Houthi rebels in Yemen by the United States and twelve of its allies, including Australia, Belgium, Bahrain, Canada, Denmark, Germany, Italy, Japan, New Zealand,
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