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September 2, 2024

DP World’s Jebel Ali sets new record with 1.4 million TEUs in July 2024

Logistics, Economy, Finance, Foreign Ports, Trending News
DUBAI : DP World‘s Jebel Ali Port achieved a milestone in July by setting a new monthly container throughput record, processing 1,400,000 TEUs (Twenty-Foot Equivalent Units), surpassing its previous record from 2015.  This achievement
September 2, 2024

COSCO forms partnerships with Bosch and Wallem Group

International Shipping, Business, Company, Trade, Trending News
SHANGHAI : COSCO SHIPPING Logistics and Supply Chain Management recently solidified a strategic alliance with Bosch (China) by signing a memorandum of understanding in Chongqing. This agreement paves the way for creating a strategic
September 2, 2024

Mondelēz International and GEODIS extend partnership for 3PL services

Logistics, Company, Trade, Trending News
SINGAPORE : GEODIS, a global leader in transport and logistics services, announces an extension to its warehouse, co-packing and distribution contractual relationship with Mondelēz International in Singapore, for a further three years from this
August 31, 2024

PM Modi lays foundation stone of Vadhvan Port worth around Rs 76,000 crore in Palghar

Maritime, Ports, Shipping, Trending News
MUMBAI : Prime Minister, Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects in Palghar, Maharashtra on 30th August. The projects include laying the foundation stone of Vadhvan Port at
August 31, 2024

Manufacturing sector will play a key role in making India a developed nation by 2047: Piyush Goyal

EXPORT, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal said on Friday that manufacturing will determine the direction of India’s growth trajectory, adding that India can achieve far more through a robust
August 31, 2024

DNV and Mumbai Port Sustainability Foundation sign MoU to advance sustainability efforts

Ports, Maritime, Shipping, Trending News
MUMBAI : Classification society DNV has signed a Memorandum of Understanding (MoU) with the Mumbai Port Sustainability Foundation (MPSF), a non-profit entity under the Mumbai Port Authority, to cooperate on activities and projects related
August 31, 2024

Adani Ports acquires 80% stake in Astro Offshore for Rs 1,551 crore

Ports, Company, Maritime, Trade, Trending News
AHMEDABAD : India’s largest private port operator Adani Ports and Special Economic Zone (APSEZ) on Friday said it will acquire 80 per cent stake in Astro Offshore, an offshore supply vessel firm, in an
August 31, 2024

SCI receives ₹160 crore GST demand notice for FY2020

Shipping, Trade, Trending News
MUMBAI : Shipping Corporation of India received a ₹160 crore goods and service tax (GST) demand notice from the Deputy Commissioner of State Tax, Government of Maharashtra, for the financial year 2019-20, according to the company’s filing in the
August 31, 2024

Container freight rates out of India begin to trend down after strong gains in July

Container, EXPORT, Maritime, Trending News
MUMBAI : Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis of market data . On the westbound India-Europe
August 31, 2024

Swan Energy to showcase its State-of-the-Art Shipyard at SMM Hamburg 2024

Maritime, Marine, Ship Building, Ship Repair, Trending News
MUMBAI : Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding,
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