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October 31, 2023

Petronet LNG to set up ₹20,685 crore petchem plant in Dahej

LNG, Maritime, Ports, Trade, Trending News
NEW DELHI : The Petronet LNG board on Monday approved the setting up of a petrochemical plant in Dahej, Gujarat with an estimated cost of ₹20,685 crore. The project has got the required statutory clearances
October 31, 2023

Kerala to introduce Export Projection Policy

EXPORT, Trade, Trending News
KOCHI : The government has made the EPP draft public to elicit views and suggestions from stakeholders and the public has seen making a strong case for adopting targeted strategies and initiatives for enabling
October 31, 2023

Kochi’s Water Metro wins the ‘Best Green Transport Initiative’ of India

Water Transport, Trending News, waterways
KOCHI : Kochi has won the country’s top award with the city’s Water Metro project being rated as the Best Green Transport Initiative in India while Jabalpur in Madhya Pradesh has won the award
October 31, 2023

PSA International Annual Report 2022 wins Three Accolades at 2023 ARC Awards

International Shipping, Company, Maritime, Ports, Trade, Trending News
SINGAPORE : The PSA International Annual Report 2022, themed ‘It’s in our Nature’, bagged three wins at the 37th Annual International ARC Awards! The world’s largest annual report competition, the ARC Awards is considered one
October 31, 2023

CMA CGM increases rates on Transatlantic trade

International Shipping, Shipping Line, Trending News
MARSEILLE : French ocean carrier CMA CGM announced adjustments on its rates, due to the “unsustainable rate levels” reached on the Transatlantic trade, effective from November for all Transatlantic westbound lines. From To 20’ST/RFCurrent
October 31, 2023

Mawani boosts Maritime Links with addition of CMA CGM’s India Gulf Express Service to King Abdulaziz Port

International Shipping, Foreign Ports, Maritime, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the India Gulf Express freight service, operated by the French container carrier CMA CGM, to King Abdulaziz Port. This strategic move aims
October 31, 2023

KEZAD commences AED 330m primary Infrastructure Development for Food and Auto-Hubs

International Shipping, Global Trade, Infrastructure, Logistics, Trade, Trending News
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones in the UAE, announced that infrastructure work at a cost of approximately AED 330
October 31, 2023

Höegh Autoliners sheds one car carrier and buys another

International Shipping, Shipping Line, Trending News
NORWAY : Norwegian car carrier player Höegh Autoliners has reached an agreement for the sale of one and the acquisition of another vessel. Höegh said on Monday that it sold its Höegh Bangkok vessel to an
October 31, 2023

India, Japan and South Korea should work together to protect shipping

EXPORT, Fuel, Global Trade, Maritime, Shipping, Trending News
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In 2018, 76% of crude oil traveling
October 31, 2023

Dry Bulk Market – Capesizes on correction mode : Baltic Exchange

Break Bulk Cargo, International Shipping, Trending News
LONDON : The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained
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