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October 26, 2023

Vizhinjam Seaport will be opened on industrial basis from May : Ahamed Devarkovil

Ports, Shipping, Trending News
KOCHI: Minister for Ports, Kerela Shri Ahamed Devarkovil in a press conference said that Vizhinjam port will be opened on an industrial basis by May 2024. “Vizhinjam has easy access for the world’s largest
October 26, 2023

JSW Infra in talks to buy SP Group arm Gopalpur Ports for Rs 3,000 crore

Ports, Company, Infrastructure, Trending News
GOPALPUR : JSW Infrastructure is in talks to buy Shapoorji Pallonji’s (SP) ports arm, Gopalpur Ports, at an estimated enterprise value of 3,000 crore that includes the company’s debt, according to people familiar with
October 26, 2023

Mahindra Logistics reports standalone PAT of Rs 19 crore in Q2 FY24

Logistics, Company, Trade, Trending News, Warehousing
MUMBAI : Mahindra Logistics Ltd on Monday reported 73 per cent growth year-on-year in standalone Profit After Tax (PAT) at Rs 19-crore in the September quarter of this fiscal. The company had posted a
October 26, 2023

FFFAI and Escola Europea ink agreement to promote Training and Digitised Port Community in India 

Logistics, Maritime, Shipping, Trending News
MUMBAI : The Federation of Freight Forwarders Associations in India (FFFAI) and the Escola Europea de Short Sea Shipping, AEIE (EEIT) signed a memorandum of understanding On October 16, 2023 in Mumbai at an
October 26, 2023

Surat Diamond Bourse houses India’s largest Customs Clearance Center

Customs, Business, Trade, Trending News
 SURAT : The Surat Diamond Bourse (SDB), a colossal architectural masterpiece and the world’s largest office building, is set to elevate India’s diamond export industry to new heights. Not only does this mega structure dwarf the
October 26, 2023

Gujarat govt inks MoUs with 8 developers for Rs. 7460 crore investment in three cities

Trending News, Business, Infrastructure, Trade
AHMEDABAD : 8 developers signed Memorandums of Understanding (MoUs) proposing investment of Rs. 7,459.68 crore in Gujarat in Ahmedabad, Vadodara and Surat cities for commercial and residential projects here with the Government of Gujarat,
October 26, 2023

Port of Antwerp-Bruges International, Manager Port Projects, Koen Cornilly, embarks on an influential roadshow across India

Foreign Ports, Trade, Trending News
MUMBAI : In a strategic move aimed at strengthening trade ties and fostering collaboration between India and Belgium, Mr. Koen Cornilly, Manager of Port of Antwerp-Bruges International, embarked on a high-profile roadshow across key
October 26, 2023

Global shipping might get affected by Middle East conflict : Reports

Export - Import, Foreign Ports, Global Trade, International Shipping, Ports, Trending News
DHAKA : In yet another concerning development for the export-oriented apparel industry of Bangladesh, Syed Mohammad Arif, President of the Bangladesh Shipping Agents Association (BSAA), reportedly expressed this concern. Israel’s attacks on Gaza, in
October 26, 2023

Asian Development Bank approves USD 400 million loan to India

Infrastructure, Trade, Trending News
MANDALUYONG (PHILIPPINES) : The Asian Development Bank has approved a $400 million loan to support the Indian government’s urban reform agenda for creating high-quality urban infrastructure and efficient governance systems. The programme also envisages
October 26, 2023

India to surpass Japan to become 2nd largest economy in Asia by 2030 : S&P Global

Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : India, the world’s fifth largest economy in the world, is likely to overtake Japan to become the world’s third-largest economy with a GDP of USD 7.3 trillion by 2030, S&P Global
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