March 16, 2026
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January 4, 2024

India to become $4 trillion economy before 2024 elections: Piyush Goyal

EXPORT, Business, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : India will become a $4 trillion economy before the upcoming general elections, Commerce & Industry Minister Shri Piyush Goyal said on January 3. “…And in 2-2.5 years, the country will become
January 4, 2024

Govt flags off ‘holistic’ review of ship age norms

Maritime, Shipping, Trending News
MUMBAI : Less than a year after it introduced age norms for ships, both Indian registered and foreign flagged, from calling at the country’s ports to load and unload cargo, the Directorate General of
January 4, 2024

Adani Ports top brass reshuffle: Karan Adani elevated as Managing Director

Ports, Company, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and SEZ, the ports and logistics arm of the Adani Group, on January 3 announced a reshuffle in its top brass, with the company’s Chairman and Managing Director Mr. Gautam
January 4, 2024

Adani Ports cargo volumes jump 42% in December

Logistics, Ports, Private Port, Shipping, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) on Tuesday announced it has posted 35.65 million metric tonne (MMT) cargo volume, a record 42% year-on-year rise in cargo volumes  in December 2023. While dry bulk cargo handling was up
January 4, 2024

SMP, Kolkata to submit detailed project report of Great Nicobar transhipment project soon

Container Terminal, Ports, Transhipment Port, Trending News
KOLKATA : The Syama Prasad Mookherjee Port (SMP), formerly known as Kolkata Port, is set to submit the detailed project report (DPR) for the ambitious International Container Transhipment Port (ICTP) at Galathea Bay in
January 4, 2024

PSA Mumbai becomes India’s first 100 per cent renewable terminal

Maritime, Ports, Private Port, Trending News
MUMBAI : PSA Mumbai has reached a significant milestone in its emissions reduction path with the commissioning of its 7.8 megawatt (MW) solar farm with O2 Power. As a result, this makes PSA Mumbai
January 4, 2024

Allcargo Logistics plans to cut costs by $30 million in FY24 amid global slowdown

Logistics, Business, Company, Global Trade, Trade, Trending News
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The company is also spending $100 million
January 4, 2024

Gujarat signs deal worth ₹7.17 trillion with 58 companies ahead of Vibrant Gujarat Global Summit

Trade, Business, Economy, Global Trade, Trending News
GANDHINAGAR : Gujarat state on Wednesday signed initial investment agreements worth Rs. 7.17 trillion ($86.07 billion) with 58 companies operating in sectors such as energy, oil and gas, and chemicals, its government said. The home
January 4, 2024

Indian exporters brace for more price hikes as normalcy evades Red Sea

EXPORT, Business, International Shipping, Shipping, Shipping Line, Trade, Trending News
MUMBAI : Indian exporters may continue to witness a rise in shipping costs as normalcy eludes the Red Sea region and freight companies continue to avoid the Suez Canal, opting for the longer route
January 4, 2024

Red Sea conflict sees Air cargo demand rise

Air cargo, Export - Import, International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
PUTEAUX (FRANCE): Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics. The international transport and logistics company said that the “volatile” situation,
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