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January 6, 2024

Indian Railways achieve 1154.67 MT freight loading till December, 2023

Logistics, Railway, Trending News
NEW DELHI : On cumulative basis from April – December 2023, freight loading of 1154.67 MT was achieved against last year loading of 1109.38 MT, an improvement of 45.28 MT over last year’s loading
January 6, 2024

CMA CGM announces new FAK rates from Asia to Med and North Europe

International Shipping, Shipping Line, Trending News
MARSEILLE : The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports) until further notice: 20′ 40’/40’HC/40’RF WEST MEDITERRANEAN  US$3,500
January 6, 2024

OOCL expands fleet with introduction of 24,000 TEU mega vessel

International Shipping, Logistics, Trending News
SINGAPORE : Orient Overseas Container Line (OOCL) announced the addition of a new 24,000 TEU mega vessel to its fleet. The newest member of OOCL’s fleet was named OOCL Valencia at the shipyard of Nantong COSCO
January 6, 2024

AD Ports Group and Red Sea Port Authority Initial 15-Year Concession Agreement to Boost Cruise Tourism in Egypt

International Shipping, Foreign Ports, Logistics, Trade, Trending News
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to operate and manage three cruise terminals
January 6, 2024

Saudi Red Sea Authority initiates on ground inspections ahead of License Issuance

International Shipping, Foreign Ports, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite for issuing the required licenses to
January 5, 2024

Sanjay Sethi, IAS, successfully completes five glorious years of leadership at JNPA ; Unmesh Sharad Wagh takes charge as Chairman In-Charge

Ports, Shipping, Trending News
MUMBAI : After a highly successful and transformative tenure at the Jawaharlal Nehru Port Authority (JNPA), Mr. Sanjay Sethi, IAS, has officially concluded his deputation, marking the end of an era. To honor his
January 5, 2024

Unmesh Sharad Wagh gets additional charge of Chairman, JNPA

Ports, Logistics, Shipping, Trade, Trending News
MUMBAI : The Ministry of Ports, Shipping, and Waterways has given the additional charge of Chairman, Jawaharlal Nehru Port Authority, to Mr. Unmesh Sharad Wagh, a 2002 batch Indian Revenue Services (IRS) Officer. The previous Chairman, Sanjay
January 5, 2024

Nhava Sheva Port records high box volume in 2023

Ports, Logistics, Shipping, Terminal, Trade, Trending News
MUMBAI : Nhava Sheva Port (JNPA) ended 2023 on a strong note, with its annual container throughput reaching a new high. The port saw yearly containerised traffic rise 7% year-over-year to 6.3 million TEUs,
January 5, 2024

Vizag port confident to touch 80 MT mark: Aims for record growth and sustainability in 2023-24

Maritime, Cruise Tourism, Ports, Trending News
VISAKHAPATNAM : Visakhapatnam Port will emerge as number one port among major ports in the country, said Visakhapatnam Port Authority (VPA) Chairman Mr. M Angamuthu. Speaking to the media here on Wednesday, he said
January 5, 2024

Govt receives 11 firms’ Expression of Interest in Great Nicobar Island Transhipment Port Project

Maritime, Ports, Shipping, Trending News
NEW DELHI : The government has received Expressions of Interest (EOIs) from 11 players for the Rs 41,000-crore international transhipment port project at Great Nicobar Island in the Bay of Bengal, Union Minister Shri
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