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December 14, 2023

Ship building and repair clusters will be developed in coastal cities : Sonowal

Coastal Shipping, Economy, Ship Building, Shipping, Trade, Trending News
NEW DELHI : Speaking at the Deloitte India Government Summit 2023, MoPSW Shri Sarbananda Sonowal said the India Middle East Europe Economic Corridor (IMEEC) plan will encompass building next generation mega ports in India.
December 14, 2023

Northeast is the Powerhouse of India’s cruise towards self-reliance : Sarbananda Sonowal

Cruise Tourism, Maritime, Shipping, Trending News
NEW DELHI : The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal termed the Northeast as the powerhouse of India’s cruise towards self-reliance here. The Union Minister addressed a press
December 14, 2023

Gujarat Govt signs 23 MoUs for proposed investment of Rs. 1 lakh crore

Maritime, Infrastructure, Trade, Trending News
GANDHINAGAR : The Gujarat Government in a note today stated that it has signed 23 Memorandums of Understanding(MoUs) for a proposed potential investment of Rs. 1 lakh crore which when realized will create 70,000
December 14, 2023

APM Terminals Pipavav strengthens its footprints in North India by opening new office in Ludhiana

Ports, Container Terminal, Trending News
PIPAVAV : APM Terminals Pipavav announced opening of new office in Ludhiana, Punjab. With this new setup, Pipavav Port further strengthen its market presence in North India. Ludhiana office would cover large base of
December 14, 2023

India and Oman fast-track FTA negotiations in boost to economic ties

Trade, Economy, Trending News
A team of officials from India’s Department of Commerce is currently in Muscat, engaged in negotiations for a comprehensive free trade agreement (FTA) with Oman. The department has set an internal deadline to finalize the deal
December 14, 2023

Amritsar-Jamnagar Expressway to reduce travel time from 26 hours to 13 hours

Transport, Trending News
JAMNAGAR : With an aim to streamline road travel, the Union government is building several expressways, and one such project that is under construction is the Amritsar-Jamnagar Expressway. This 1,316 km expressway is being
December 14, 2023

Export-oriented green hydrogen projects may get fiscal support, multi-locational SEZs on the table

EXPORT, Ports, Shipping, Trending News
NEW DELHI : The government is looking at a demand to amend a rule that prevents renewable energy plants set up for captive consumption in Special Economic Zones (SEZs) from receiving tax breaks. The
December 14, 2023

Bangladesh to import onions from 10 countries after India bans export

Export - Import, Trade, Trending News
DHAKA : Amid India’s recent ban on onion export, the government has permitted local traders to import the commodity from 10 other countries to control the soaring prices in Bangladesh. The sharp price hike
December 14, 2023

Union calls on DP World to sell P&O Ferries as dockers face sack

International Shipping, Shipping Line, Trending News
LONDON : Dutch union leaders are calling for P&O’s parent DP World to sell the ferry operator following P&O’s threat to sack up to 20% of its 84-docker workforce. Dutch union leaders have condemned
December 14, 2023

THE Alliance announces updated service network for 2024

International Shipping, Associationn, Trending News
SINGAPORE : THE Alliance, including Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has reconfigured its service network setup. The updated services will be effective from April 2024. “One of the key highlights
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