August 9, 2024
March 22, 2026
August 9, 2024
King Abdulaziz Port sets record with 20,645 containers handled on single ship
RIYADH : Saudi Arabia’s maritime sector is experiencing significant expansion, highlighted by the King Abdulaziz Port in Dammam achieving a milestone in container handling. The port recently set a new record by managing 20,645
August 9, 2024
Container ship newbuilds reach post-Covid high
Boxship newbuilding orders have burst back into life as the Red Sea crisis has caused freight and charter rates to reach levels not seen since the Covid-19 pandemic. Clarksons stated that 89 container vessels,
August 9, 2024
India’s crude oil imports from Russia surge 1000%
NEW DELHI : India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This marks a staggering 1000% increase compared to
August 8, 2024
MoPSW takes initiatives of domestic and foreign investments for developments of waterways in India
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal informed in a written reply in Rajya Sabha that, to promote Inland Water Transport (IWT) in the country, 111 Waterways (including 5
August 8, 2024
India trying to reduce tariff and non-tariff barriers globally to spur trade between nations
NEW DELHI : Indian authorities made a case for reduction in tariff and non-tariff barriers across the world to reinforce growth and spur trade among nations. “When you have economic growth in a region,
August 8, 2024
DPA Kandla proudly announces achieving the fastest 50 MMT
GANDHIDHAM : Deendayal Port Authority, Kandla proud to announce that they achieved the fastest 50 MMT! A milestone that reflects our commitment to excellence and efficiency in maritime operations. Amidst the highly volatile and
August 8, 2024
Indo-Bangla trade via Bengal land ports to normalise soon
KOLKATA : Despite ongoing political turmoil in Bangladesh, trade between India and the neighbouring country through land ports in West Bengal is expected to normalise soon while some movements of goods via one of
August 8, 2024
Ashapura Logistics makes market debut with at 28.5% premium on NSE SME
AHMEDABAD : Ashapura Logistics Limited‘s Initial Public Offering (IPO) made a strong debut on the NSE SME on August 6, with its shares listing at 28.5 percent premium. The shares began trading at Rs
August 8, 2024