Baltic index falls as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger vessel rates.
PM Modi to co-chair the AI Action on February 11 in his France visit along with French President Emm
NEW DELHI : India and France to make major announcements in the areas of Defence, Small Modular Reactors (SMR) and aircraft Maintenance, Repair and Overhaul (MRO) and also
Ashwini Kumar, IAS, takes additional charge as Principal Secretary, Ports & Transport Departmen
GANDHINAGAR : The Government of Gujarat has appointed Shri Ashwini Kumar, IAS, as the Principal Secretary, Ports & Transport Department, in addition to his regular charge as Principal
DPA Kandla signs MoU with Bapu’s Shipping (Jamnagar) Pvt. Ltd.
GANDHIDHAM : Deendayal Port Authority Kandla signs MoU with Bapu’s Shipping (Jamnagar) Pvt. Ltd. for Bio-Methanol Bunkering at Kandla Port In a significant move towards promoting sustainable maritime
DP World’s Container Handling hits record high in 2024, Up 8.3%
DUBAI : DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% year-on-year, despite macroeconomic headwinds and concerns over the
DPA partners with Cochin Shipyard to establish ₹1,750 crore ship-repair hub in Gujarat
GANDHINAGAR : Deendayal Port Authority (DPA) which operates and manages Kandla Port is teaming up with India’s biggest shipbuilding and ship-repair entity, Cochin Shipyard Ltd (CSL), to construct
Amazon and DGFT expand collaboration, launch new initiatives to boost India’s ecommerce export
NEW DELHI : The renewed MoU aims to support India’s vision of enabling $200-300 billion in exports by 2030. Amazon will integrate its Export Navigator tool within DGFT’s
CONCOR orders 50 LNG trucks from Blue Energy Motors, expanding green fleet
NEW DELHI : Container Corporation of India (CONCOR) has placed an order for 50 LNG-powered trucks with Blue Energy Motors, expanding their green transportation fleet to 175 vehicles.
India to cut tariffs on 30 products including luxury cars and bikes, before PM Modi’s US trip
NEW DELHI : India is set to review import tariffs on over 30 items including luxury cars and solar cells, potentially leading to higher imports from the United
Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet
HAMBURG : The newbuild was officially christened on February 4, 2025, at Hanwha Ocean’s Shipyard in Okpo, South Korea. Following the christening ceremony, Bangkok Express set sail on
