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July 17, 2024

Box volume spikes cause trade flow snarls at Nhava Sheva Terminals

Ports, Container Terminal, Export - Import, Shipping, Trending News
MUMBAI : Indian shippers using terminals in Nhava Sheva Port (JNPT) are facing serious congestion issues due to volume buildups and persistent erratic vessel schedules, according to industry updates. Container truckers are taking excessively
July 17, 2024

Kashi to Prayagraj during Mahakumbh : First Hydrogen Vessel to begin operations after trials

Trending News, Inland Waterways, Ship Building, Shipping, Shipyards, Water Transport
VARANASI : The country’s first indigenous, Hydrogen fuel cell Inland Waterway’s Vessel reached Varanasi on Sunday evening. Under experts of Cochin Shipyard, trials to ply it on the Ganga will take place, a senior
July 17, 2024

The next round of FTA review meeting of India-Korea to be held from today in Seoul

Trade, Business, COMMERCE, Economy, Finance, Global Trade, Trending News
SEOUL : The talks to upgrade the existing India-Korea free trade agreement (FTA) moving forward, senior officials of both countries will hold the next round of negotiations from Wednesday in Seoul, an official said.
July 17, 2024

Taiwan firms shift supply chains to India from China : Trade Body Chairman

Trending News, Business, COMMERCE, Economy, Export - Import, Global Trade, Supply Chain, Trade
TAIPEI : Taiwan firms are shifting supply chains to India from China, as Taipei and New Delhi strengthen economic ties, the head of the island’s key trade body told Reuters, as global trade tension
July 17, 2024

Ripley & Co to modernize Haldia Dock Complex Berth No. 5 with Rs 600cr Investment

Ports, DockS, Trending News
KOLKATA : A consortium of Kolkata-based Ripley & Co and Bothra Shipping Services of Andhra Pradesh announced it will invest Rs 600 crore in the automation and modernization of a port berth at Haldia
July 17, 2024

GRSE bags ₹840 Cr order from National Centre for Polar and Ocean Research

Ship Building, Maritime, Shipyards, Trade, Trending News
KOLKATA : State-run Garden Reach Shipbuilders saw shares recover from the lows of the day after the company bagged an order worth ₹840 crore from the National Centre for Polar and Ocean Research (NCPOR),
July 17, 2024

Session 1 of TMS Tanker conference taking shape

Tanker, International Shipping, Maritime, Shipping, Trade, Trending News
DUBAI : The 9th annual The Maritime Standard Tanker Conference will be held on Thursday November 7th at the prestigious Atlantis, the Palm, Dubai. The theme of this year’s conference is Sustainable tanker shipping:
July 17, 2024

Singapore’s Port congestion is showing signs of abating

Export - Import, Foreign Ports, International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : The congestion that’s been plaguing Singapore’s port is showing signs of easing, with container ship arrivals falling to the lowest in more than a year last month, official data show. Bloomberg reported
July 17, 2024

Houthi attacks target MSC boxships and tankers

International Shipping, Shipping Line, Trending News
SANAA : Houthi rebels have allegedly assaulted another of MSC vessels. On 14 July, the 1999-built 5,652 TEU MSC Unific VI was apparently hit with anti-ship ballistic missiles and drones in the Gulf of
July 17, 2024

Jupiter Wagons eyes 20-fold jump in exports to ₹2,000 crore by FY26-end

Trending News, Company, EXPORT, Trade
KOLKATA : Mobility solutions provider Jupiter Wagons is eyeing a 20-fold increase in its exports to ₹2,000 crore by the end of the next financial year. The company, a part of the Kolkata-based Jupiter
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