Container Exports at NMPT rises between April-Nov (YoY)
MANGALURU: While the pandemic impacted ports resulting in a decrease in cargo traffic, New Mangaluru Port Trust (NMPT) bucked the trend, registering a 6.2% growth in the container
Government mulls new national policy to bring down logistics cost by 5%
The government is planning to introduce a new National Logistics Policy to bring down the country’s logistics cost by 5 percent over five years, a senior government official
India announces sweeping ports sector reform
India’s maritime sector is set to go through sweeping reforms. The Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, hoped these changes will bring more investments.
MSC and ONE linked to 23,000 teu newbuilds
The year is closing out with some huge containership orders with multiple broking reports linking Ocean Network Express (ONE) and Mediterranean Shipping Co (MSC) with series of 23,000
Aggressive voyage blanking was a matter of survival, claims Hapag-Lloyd CEO
Hapag-Lloyd CEO Rolf Habben Jansen has defended criticism of the aggressive blanking strategy of ocean carriers at the start of the pandemic, saying that it was “a matter
Ministry identifies new routes for RoRo, RoPax & ferry services
The Ministry of Ports, Shipping and Waterways (MoPSW) has been working continuously for the promotion of coastal shipping under the Sagarmala programme which is the flagship programme of
India lines up fresh plan to break into top 50 nations in World Bank’s ease of doing business inde
The government has zeroed in on six laggard segments – especially enforcing contracts, registering property and starting a business — that have prevented India from breaking into the
UK travel ban hits seafood exports
With a growing number of countries introducing bans on people and goods arriving from the United Kingdom because of concerns about the spread of a new variant of
Govt moves to ease box shortages, glitches in faceless assessment of cargo and check soaring freight
NEW DELHI: An acute shortage of containers to facilitate exports and a sharp spike in freight rates are expected to ease up a bit after the government moved
Panel approves bidding plan for Shipping Corporation privatisation
The ministerial committee on divestment has approved the proposal to invite bids for the privatisation of Shipping Corporation of India. This would push the pedal on government’s drive to privatise state-owned firms that were