Baltic index extends rally as capesize benchmark breaches 10,000 points
The Baltic Exchange’s main dry bulk sea freight index extended its rally as robust demand and port congestion propelled the capesize index above 10,000 points for the first
BIMCO Supports IMO Development Of Global Remote Inspection Guidelines
During the COVID-19 pandemic, the shipping industry has faced challenges when it comes to conducting surveys and inspections physically on board ships. As a result of social distancing
New Heavy-Lift Vessel Katori enters Nanao Port for first time
TOKYO : The next-generation energy-saving heavy-lift carrier Katori entered the Port of Nanao in Ishikawa prefecture for the first time, transporting wind turbine equipment loaded at the Port
Where have all the truck drivers gone?
The shortage of heavy goods vehicle drivers is a global problem that has been ignored and allowed to fester for years Anyone watching news coverage from the UK
Cargo volumes at dozen major ports rise 16 per cent during April-September to 347 mt
MUMBAI : Cargo handled at India’s dozen state-owned major ports rose 16.12 per cent during the April-September period to 347.020 million tonnes (mt) from 298.848 mt a year
While China’s export economy collapses, India’s quarterly exports touch $100 billion for the fir
NEW DELHI : India is scoring big on all major economic parameters. The naysayers believe that India’s economy is in a bad shape, but data has been proving
Union Cabinet approves Rs 4,445 crore PM MITRA Yojana to setup mega textile parks
NEW DELHI : Union Ministers Piyush Goyal and Anurag Thakur announced that a proposal for setting up of Rs 4,445 crore mega investment textile parks has been approved
Announcement on apparel parks welcome, say exporters
COIMBATORE : The Tirupur Exporters Association (TEA) said it welcomes the announcement of the Centre for setting up seven mega integrated textile region and apparel (mitra) parks. While
VPT celebrates its 88th Foundation Day
VISAKHAPATNAM : From a single berth in 1933 to 21 inner harbour berths and seven outer harbour berths today, the Visakhapatnam Port Trust has come a long way
DP World unveils solar power plant at ICTT Vallarpadam
COCHIN : DP World has unveiled a solar power plant with 1122 MW per annum capacity at its International Container Transshipment Terminal (ICTT) at Vallarpadam. The plant is