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February 24, 2023

Port of Montreal to invest over US$245 million in infrastructure projects

Foreign Ports, Trending News
QUEBEC (CANADA) : The Port of Montreal has decided to spend over US$245 million (CA$335 million) in its new five-year investment strategy for infrastructure on Montreal Island. These investments are required to solidify the
February 24, 2023

Rotterdam reports container decline amid higher revenue

Ports, Trending News
ROTTERDAM : Container throughput fell by 5.5% at the port of Rotterdam in the previous year, reaching 14,455,000 TEUs. According to the Port of Rotterdam Authority, the main cause of the container volume decline
February 24, 2023

Container vessel catches fire in Gulf of Riga, crew abandons the ship

International Shipping, Trending News
RIGA : A fire broke out in the engine room of the Dutch-flagged container ship Escape, while it was sailing in the Gulf of Riga in Latvia on 22 February. All the crew members
February 23, 2023

Govt to increase the share of renewable energy in ports by 60% : Sarbanada Sonowal

Maritime, Ports, Trending News
NEW DELHI : The Centre is aiming to increase the share of renewable energy to 60 per cent in the total power consumption of its major ports from a present share of less than 10 per cent, Union
February 23, 2023

APM Terminals Pipavav strengthens warehousing infrastructure around the port

Ports, Terminal, Trending News
The Multi-Modal Logistics Park is developed in partnership with Contrans Logistic Pvt. Ltd. It will offer state of the art warehouse facility to the trade. PIPAVAV : APM Terminals Pipavav is committed to strengthen
February 23, 2023

Allcargo Logistics to buy 90% equity, OCDs in Madanahatti Logistics for Rs 24 Cr

Logistics, Trending News
MUMBAI : Allcargo Logistics stated that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics
February 23, 2023

Megaload is born, a joint venture between Express Global Logistics Pvt Ltd (EXG) and Fagioli SpA

Logistics, Trending News
MUMBAI : Express Global Logistics Pvt. Ltd. (EXG), a 77-year-old asset based integrated project logistics company and Fagioli SpA, among the sector world leaders in engineering and large handling, with more than 50 years’
February 23, 2023

Singapore-based RBB Ship Chartering comes to GIFT City

Maritime, Shipping, Trending News
GANDHINAGAR : Singapore-based RBB Ship Chartering Pte Ltd has become the first ship leasing operator at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar. RSCPL (IFSC) Private Ltd, a 100 per cent
February 23, 2023

Government to amend law for mandating foreign ship owners pay provident fund to Indian seafarers

Maritime, Shipping, Trending News
MUMBAI : Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they hire to run their ships, per a proposal mooted by the Directorate General of Shipping
February 23, 2023

India needs policy push to emerge as farm machinery export hub : NCAER

EXPORT, Trending News
NEW DELHI : The supply-side challenges can be addressed by measures like promoting R&D in non-tractor farm machinery and encouraging exports and FDI India needs a vision for the next 15 years to convert
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