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October 13, 2021

COSCO launches express alternatives to US West Coast

International Shipping, Trending News
BEIJING: COSCO Shipping Lines (COSCON) is launching Transpacific BCO Express Line this week, comprising the Prince Rupert express line (CEN-EXPRESS) and the Los Angeles express line (CEN-PLUS) Using five 4,250TEU ships, CEN-EXPRESS will move
October 13, 2021

Britain’s biggest container port so congested it’s considering turning ships away

Foreign Ports, Trending News
FELIXSTOWE : Britain’s biggest container port is struggling to cope with the volume of cargo passing through it with just 10 weeks to go until Christmas. It’s peak season at Port of Felixstowe and
October 13, 2021

Bulk importers at mercy of lighter vessel cartel

Import, Trending News
Importers allege the WTC has monoplised the goods transport at Chattogram port and hiked shipping fares arbitrarily DHAKA : The Water Transport Cell (WTC), which was formed to operate lighter vessels in a systematic
October 13, 2021

Rising US Crude Oil Production Expected to Help the Tanker Market

Maritime, Trending News
WASHINGTON : An increased crude oil production in the U.S. could offer additional support to the tanker market. In its latest weekly report, shipbroker Gibson said that “US crude production has averaged this summer
October 12, 2021

PM to launch first ever National Infrastructure Masterplan ‘PM Gati Shakti’ tomorrow

Infrastructure, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will launch the first ever National Infrastructure Masterplan, Pradhan Mantri Gati Shakti tomorrow, on Wednesday Oct 13. The Gati Shakti scheme was announced by Mr Modi
October 12, 2021

JNPT records 40.40% growth in container traffic in first half of FY 21-22

Ports, Trending News
MUMBAI : Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container ports, handled 2,703,051 TEUs during the first half of the FY 2021-22 against 1,925,284 TEUs, which is 40.40% higher than the container
October 12, 2021

Deendayal Port Trust launched step part of ‘e-Drishti’ project for Port Users

Ports, Trending News
GANDHIDHAM : Deendayal Port Trust (DPT) has invited port users and requested CEL and its technology partner mroads to showcase the technology demonstration during the road show as a launch step part of e-
October 12, 2021

APSEZ bans containerised cargo inbound from Iran, Pakistan and Afghanistan for all terminals

Ports, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) on Monday issued trade advisory statements that with effect from 15th Nov 2021 it will not be handling any containerised cargo originating from Iran, Pakistan
October 12, 2021

V.O. Chidambaranar Port sets sight to establish Multimodal Logistics Park

Ports, Trending News
NEW DELHI : V.O. Chidambaranar Port, (Erstwhile Tuticorin Port) the economic engine of South Tamilnadu, has proposed for setting up of Multimodal Logistics Park due to its advantages such as excellent Rail-road connectivity, proximity to
October 12, 2021

India need to boost biofuel production to reduce dependence on imported crude oil : Nitin Gadkari

Trending News, Import
NEW DELHI : Union Minister Shri Nitin Gadkari stressed that our country needs to enhance the production of biofuel by using the stubble of certain crops to reduce the dependence on the import of
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