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November 10, 2023

Wärtsilä and Seaspan transform maritime operations with SmartDock autodocking system

International Shipping, Maritime, Ship Building, Technology, Trending News
HELSINKI : Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to Seaspan, a marine transportation and shipbuilding company, the cutting-edge autonomous SmartDock capabilities to the seas. This delivery marks a significant step towards
November 9, 2023

FTAs can’t be used to damp steel : Piyush Goyal

Trade, Business, COMMERCE, Economy, EXPORT, Trending News
NEW DELHI : India, in ongoing talks on several Free Trade Agreements, may push for clauses to ensure that steel products imported from the partner country are manufactured in that country rather than being routed
November 9, 2023

Adani Group’s port terminal project secures $553 million funding from U.S. DFC : Karan Adani

Ports, Company, Container Terminal, Private Port, Trade, Trending News
COLOMBO : The U.S. International Development Finance Corporation (DFC) has recently pledged $553 million in funding for the Colombo West International Terminal Pvt. Ltd. (CWIT) project, a consortium involving Adani Ports and SEZ Ltd., John
November 9, 2023

CONCOR’s new CMD discussed about rate hike by the Indian Railways on Container traffic

Export - Import, ICD, Logistics, Railway, Trade, Trending News
NEW DELHI : In a recent announcement, Shri Sanjay Swarup, the newly appointed Chairman and Managing Director of Container Corporation of India Ltd (CONCOR), outlined his vision and strategy for the state-run company. Among
November 9, 2023

Gujarat Pipavav Port net profit grows 51 pc to over Rs 107 cr in Jul-Sep

Ports, Container Terminal, Private Port, Trending News
PIPAVAV : Gujarat Pipavav Port Ltd on Wednesday posted a 51 per cent rise in consolidated net profit at Rs 107.6 crore for the September quarter, helped by higher income. It had clocked Rs
November 9, 2023

JSW Infra looks to bid for ports under govt’s privatisation plan

Ports, Company, Infrastructure, Private Port, Trending News
MUMBAI : JSW Infrastructure, India’s second biggest port operator by volumes, is keen to explore port privatisation opportunities being opened up by the government and is also exploring the mega transshipment port project at
November 9, 2023

Maharashtra Cabinet approved the state’s first Export Incentive Policy

EXPORT, Infrastructure, Trade, Trending News
MUMBAI : The Maharashtra Cabinet on Wednesday approved the state’s first export incentive policy which is aimed at generating investments worth Rs 25,000 crore. The state plans to have a 22% share in the country’s target
November 9, 2023

Second Chinese ship carrying ship-to-shore crane for Vizhinjam Port to arrive on Nov 9

Ports, Shipping, Trending News
THIRUVANANTHAPURAM : A second Chinese ship will be arriving at the international deep-sea facility in Vizhinjam today on November 9, sources at the port said on Wednesday. The ship, Zhen Hua 29, would be carrying one ship-to-shore
November 9, 2023

Adani Green to invest $750 mn in Sri Lanka power sector : Karan Adani

Trending News, Company, Global Trade, Ports, Trade
AHMEDABAD : Adani Green, a unit of the Adani Group, has announced a substantial investment of $750 million in Sri Lanka’s power sector, as revealed by Adani Ports and Special Economic Zone (SEZ) CEO, Mr. Karan Adani, in an exclusive interview.
November 9, 2023

Govt to increase customs duty on fishing vessels, tugs/pusher crafts and light vessels

Customs, Maritime, Shipping, Trending News, Water Transport
NEW DELHI : In a bid to give impetus to Aatmnirbharbharat in the maritime sector, finance ministry is likely to raise basic customs duty (BCD) on fishing vessels, tugs and pusher crafts and light
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