Mumbai: Strong GDP Growth in Financial year 2022 will drive logistics demand India Ratings and Research said. According to the agency, strong-to-moderate recovery is already being witnessed across various logistics sub-sectors. Besides, commissioning of the
CHABAHAR / NEW DElHi : The second batch of equipment supplied by India has reached Chabahar, Iranian and Indian officials say, bringing New Delhi closer to full operation of the two terminals which it
JIANGNAN : China State Shipbuilding Corporation (CSSC) has named and delivered CMA CGM Montmartre, the 6th LNG-powered 23,000 TEU containership, to the French liner company CMA CGM. Built by Jiangnan Shipyard, the vessel forms
NEW DELHI : The Centre is not handing over major ports to private parties and has only sought private sector participation in projects on PPP mode, Parliament was informed on Monday. India has 12
NEW DELHI : The Directorate General of Foreign Trade (DGFT) will soon be completely digitised with the rollout of newer IT systems in a phased manner, enabling virtual offices to be created that are
NEW DELHI : India has supplied the second shipment of equipment to Chabahar port in Iran, Union Minister Mansukh Mandaviya said on Monday. In January, India had supplied a consignment of two mobile harbour
MUMBAI : The Centre-owned Cochin Port Trust and DP World are exploring ways to fund a ₹400 crore plan to deepen the channel of India’s only International Container Transshipment Terminal (ICTT) at Vallarpadam run
SINGAPORE : PSA International Pte Ltd (PSA) handled 86.6 million TEUs in the year ended December 31, 2020, representing an increase of 1.7% from the previous year. PSA Singapore contributed 36.6 million TEUs, a
NEW DELHI : In a boost to Indian economy, Indian export books have reportedly swelled up to 40% in the current fiscal. This comes as a sign of relief as global demand had taken
MUMBAI : India’s top-12 ports witnessed considerable decline in cargo traffic for the eleventh straight month in February to 600.62 million tonnes (MT), according to ports’ apex body IPA. Cargo traffic at 12 major