JSW Infrastructure to invest Rs 152 Cr to increase container capacity at NMPT
MUMBAI : JSW Infrastructure will invest Rs 152 crore for the expansion of its container capacity at New Mangalore Port Trust, according to sources. In June 2022, the
Cisco to set up India manufacturing unit; eyes $1bn from production, exports
NEW DELHI : Cisco, the US-based tech conglomerate, on Wednesday said it will set up a manufacturing plant in India, work on which is expected to be completed
Netherlands emerges as India’s 3rd largest export destination
NEW DELHI : The Netherlands has emerged as India’s third largest exports destination after the US and UAE during 2022-23, showed commerce ministry’s data on Sunday. This can be attributed to
The new foreign trade policy is a watershed moment for MSMEs
NEW DELHI : The newly launched Foreign Trade Policy (FTP) by the Directorate General of Foreign Trade (DGFT) is the most significant one yet. While multiple factors such
NCB & Indian Navy catches narcotics carrying ‘mothership’ in Indian Ocean, seizes 2,500 kg
NEW DELHI : In one of the “largest seizures of narcotics” till date, the Narcotics Control Bureau (NCB) Friday impounded around 2,500 kg of high-purity methamphetamine worth about
DP World celebrates successful solar energy trial at London Gateway port
LONDON : DP World has moved closer towards its sustainability goals after a successful solar energy trial at its London Gateway hub port. The sunlight-converting photovoltaic panels have been
PSA Sines welcomes largest Container Vessel in Portuguese history on its maiden voyage
SINES : The Liberian container vessel MSC TESSA set a milestone record by calling at the Port of Sines in Portugal on 14 April 2023, during its maiden
Baltic index logs worst day in three weeks on lower vessel rates
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell the most in three weeks on last Thursday, pressured
Panama Canal maintenance work aims to extend its life by a century
PANAMA : From their vantage point in cranes overlooking the Panama Canal, operators scrutinize the century-old walls of one of its locks as the high-pitched siren of a
Sudhansh Pant, IAS, Secretary, Ministry of Ports, Shipping & Waterways visits DPA Kandla
GANDHIDHAM : Shri Sudhansh Pant, IAS, Secretary, Ministry of Ports, Shipping & Waterways, Government of India visited Deendayal Port, Kandla on Friday, 11th May, 2023. Stakeholders Meet was