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February 1, 2024

Vizhinjam Port’s first phase to be completed by Dec : V N Vasavan

Ports, Container Terminal, Trending News
THIRUVANANTHAPURAM : Ports Minister Shri V N Vasavan told the Assembly that the first phase construction of Vizhinjam International Transshipment Terminal will be completed by Dec this year. At present, 72% of the total
February 1, 2024

GPPL creates historical milestone by loading the first private LPG rake of BPCL

Ports, Container Terminal, Private Port, Trending News
PIPAVAV : GPPL created historical milestone by loading the first private LPG rake at the port on 22nd January 2024 along with terminal partner Aegis Vopak Terminal Limited . Bharat Petroleum Corporation
February 1, 2024

Interim Budget 2024: Simplified GST structure tops logistics industry wish list

Logistics, Business, Trade, Trending News
NEW DELHI : With Finance Minister Smt. Nirmala Sitharaman set to present the interim budget for 2024-25 today on February 1, the logistics industry is expecting measures to propel the country’s logistics sector towards
February 1, 2024

Shipping may get infra tag in boost for shipbuilding, vessel owners

Ship Building, Coastal Shipping, Infrastructure, Maritime, Policy, Trending News
NEW DELHI : The Union Government is working on a plan to grant infrastructure status to the shipping industry, including coastal shipping, two people aware of the development said. The move aims to promote
February 1, 2024

Adani Ports to impose double stack lock charges of Rs 500 per wagon at Mundra Port

Ports, Trade, Trending News
AHMEDABAD : Mundra Port, the flagship port of Adani Ports and Special Economic Port Ltd (APSEZ), will levy a double stack lock charges of Rs500 per double stacked wagon, inward or outward, from 1
February 1, 2024

Cochin Shipyard plans repair cluster on western coast

Trending News, Maritime, Ship Building, Ship Repair
KOCHI : Cochin Shipyard, a subsidiary of Udupi Cochin Shipyard Ltd, is aiming to increase its share of the $30 billion global ship repair market. Currently, India’s share in this market is only about
February 1, 2024

Red Sea Crisis : Surge in Ocean Freight Rates Outpaces COVID-19

Logistics, International Shipping, Shipping, Trade, Trending News
OSLO : Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the Covid-19 pandemic, reports Xeneta, an ocean freight benchmarking firm
February 1, 2024

CMA CGM signs to retrofit container vessel for methanol

International Shipping, Ship Building, Shipping Line, Trending News
MARSEILLE : On January 30, Beihai Shipbuilding and CMA CGM signed a contract for a methanol dual-fuel retrofit project for a container vessel.  CMA CGM had also reportedly entered into a contract with Shanghai Waigaoqiao
February 1, 2024

DTDC widens its presence by launching operations in Malaysia, sets sights on Southeast Asian Expansion

Logistics, Trending News
KUALA LAMPUR/ MUMBAI : DTDC, India‘s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, announced its foray into the Malaysian Market further strengthening its global footprint. The company inaugurated
February 1, 2024

Bluewater, Veracity by DNV, and Clearlake Shipping forge Innovative Emissions Data posting partnership

International Shipping, Maritime, Trending News
SINGAPORE: Bluewater, a leading maritime solutions provider, is pleased to announce a transformative partnership with Veracity by DNV, a trusted maritime emissions cloud under the classification society DNV. Bluewater will integrate with the Veracity
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