Ind-Ra assigns JSW Shipping & Logistics A-plus with stable outlook
MUMBAI : India Ratings and Research (Ind-Ra) has assigned JSW Shipping and Logistics Pvt Ltd (JSLPL) a long-term issuer rating of A-plus with stable outlook. JSLPL’s two-member board
Cochin shipyard-built vessel ready to set sail
KOCHI : CSL and JSW Shipping & Logistics today signed the Protocol of Delivery & Acceptance of ‘JSW Mihirgad’, an 8000 T Cargo Vessel.This vessel is first in
300% increase in freight costs plague SMEs
NEW DELHI : The shipping and logistics crisis plaguing the industry since the onset of Covid freight costs have skyrocketed 300% , worsening the situation for Indian SMEs
Nigeria Deploys Drones, Choppers to Combat Rampant Piracy at Sea
BLOOMBERG : Nigeria unveiled $195 million worth of boats, vehicles and aircraft to spearhead the government’s fight against piracy in the Gulf of Guinea. The equipment will enable
Shipping Corp privatisation in troubled waters over qualification of Safesea Group
Dispute/litigation between SCI and Safesea said to have been “overlooked” while qualifying Safesea MUMBAI : The qualification of Safesea Group to participate in the privatisation of Shipping Corporation
As exports rise, container prices increase at major Indian ports
MUMBAI : The average price of a 20-ft dry container in Mundra at the end of May stood at around $1,550 compared to $1,163 in June 2020, while
Hyundai Glovis sets up customised shipping standards for EVs
Hyundai Glovis has established and applied a new set of rules specific to the ocean transport of electric vehicles (EV) in readiness for the increase in volumes over
APM Terminals Pipavav resumes container operations
PIPAVAV : APM Terminals Pipavav (Gujarat Pipavav Port Ltd) resumed container operations on Tuesday, 1st June 2021 with the Port berthing Transworld Group’s vessel m.v. SSL Brahmaputra. The Port had
Airlines hit after India stops Covid vaccine exports
KENYA :The decision by India to halt the export of AstraZeneca vaccine has had an adverse impact on local freighters who had signed a contract with UNICEF for
Adani Ports and SEZ looks to acquire Karaikal Port
PUDUCHERRY : Adani Ports and Special Economic Zone Ltd (APSEZ) is trying to purchase Karaikal port in Puducherry at a valuation of ₹1,500-2,000 crore however a number of