News Flash

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Cochin Shipyard signs contract for construction of Autonomous Electric Vessels for ASKO Maritime AS, Norway

Categories: News Flash

Date: Jul 17, 2020

Cochin Shipyard Limited (CSL), Kochi signed contracts for construction and supply of Two (2) nos Aut...

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DP World & Virgin Hyperloop brings Hyperloop systems closer to reality

Categories: News Flash

Date: Jul 17, 2020

DP World has lauded a decision by the US House of Representatives to pass legislation requesting a r...

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PSA Mumbai achieves Record Rail Volumes in June 2020

Categories: News Flash

Date: Jul 17, 2020

In the month of June, Bharat Mumbai Container Terminals (PSA Mumbai) in India, achieved a new milest...

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Crew kidnappings surge in seas off West Africa, IMB reports

Categories: News Flash

Date: Jul 16, 2020

Violent attacks against ships and their crews have risen in 2020, with 77 seafarers taken hostage or...

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India’s soybean output set to jump as farmers expand area on ample rains

Categories: News Flash

Date: Jul 16, 2020

Increased production of India’s main summer-sown oilseed could help the world’s biggest vegetabl...

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Maersk urges action to protect seafarers

Categories: News Flash

Date: Jul 16, 2020

The world’s largest container ship operator, Maersk Line has added its voice to the call for more ...

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Ministry of Shipping approves Rs. 107 Crore for modern firefighting facilities for Haldia Dock Complex of Kolkata Port

Categories: News Flash

Date: Jul 16, 2020

Union Minister of State (I/C) for Shipping Shri Mansukh Mandaviya has approved Rs. 107 Crore for aug...

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Mansukh Mandaviya reviews the development of India’s 1st Trans-shipment hub - Vallarpadam Terminal of Cochin Port

Categories: News Flash

Date: Jul 16, 2020

Minister of State for Shipping (I/C) Shri Mansukh Mandaviya has reviewed the development activities ...

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Afghan Exports to India through Wagah border allowed by Pakistan

Categories: News Flash

Date: Jul 15, 2020

Pakistan will allow Afghanistan to send goods to India using the Wagah border from July 15. The deci...

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Trade with Bangladesh opens doors for India's non-basmati rice exports

Categories: News Flash

Date: Jul 15, 2020

The resumption of trade with Bangladesh through the West Bengal border has raised hopes among India...

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Seaborne trade to contract by 1bn tonnes in 2020: Clarksons

Categories: News Flash

Date: Jul 15, 2020

Seaborne trade is set to drop by 1bn in 2020 due to the impact of the Covid-19 pandemic according to...

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For strong, resilient and ‘Aatma Nirabhar Bharat’ Trade Bodies have an important role to play: Piyush Goyal

Categories: News Flash

Date: Jul 15, 2020

Covid-19 has changed the world but Indian people, businesses and industries did not succumb to the c...

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Adani Logistics moves 1st Container vessel from India to Bangladesh through Inland Waterways

Categories: News Flash

Date: Jul 15, 2020

A first ever containerized cargo export from India to Bangladesh using Inland Waterways has reached ...

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First Reefer Container dispatched from Calicut to Dubai via Cochin Port

Categories: News Flash

Date: Jul 14, 2020

The first Consignment of Vegetable Cargoes by Reefer Container had dispatched from Calicut to Dubai ...

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Mundra Port emerges as Largest Container Port by Volumes in India during Q1 FY 21

Categories: News Flash

Date: Jul 14, 2020

Mundra Port, India’s biggest commercial port by volumes and the flagship port of the Adani Group, ...

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For the first time Indian Railways loads Special Parcel Train to Bangladesh

Categories: News Flash

Date: Jul 14, 2020

For the first time the Indian Railways, loaded special Parcel train beyond the country borders to Be...

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Majority of unused land with Major Ports to be used for industrialisation : Mansukh Mandaviya

Categories: News Flash

Date: Jul 14, 2020

To propel port-led development, the Government will ensure industries are set up on a chunk of the 1...

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VLCCs: Market Firms Up During the Week

Categories: News Flash

Date: Jul 13, 2020

VLCC Rates firmed this week across the board in this sector. In the Middle East Gulf, 280,000mt to ...

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Alang shipbreaking yard introduces ‘vessel isolation’ for crew

Categories: News Flash

Date: Jul 13, 2020

After a crew member tested positive for Covid-19 at Alang about 10 days ago, Gujarat government has ...

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Indian Thermal coal imports at major ports decline 35 per cent to 17.71 MT in April-June: IPA

Categories: News Flash

Date: Jul 13, 2020

Thermal coal imports at India’s 12 major ports dropped 34.70 per cent to 17.71 million tonnes (MT)...

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Western Railways introduces plethora of incentives to increase its freight loading

Categories: News Flash

Date: Jul 13, 2020

Western Railway has introduced various incentive schemes of Ministry of Railways, to boost the econo...

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Shipping Ministry issues draft “Aids to Navigation Bill 2020” for public consultation

Categories: News Flash

Date: Jul 13, 2020

In accordance with Prime Minister Shri Narendra Modi’s vision for augmenting people’s participat...

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Shipping Minister urges industry players to develop self-sufficiency in critical products manufacturing

Categories: News Flash

Date: Jul 13, 2020

Union Shipping Minister Mansukh Mandaviya recently exhorted domestic companies to step up manufactur...

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India’s Reliance to load Venezuelan oil cargo under fuel swap deal: Sources

Categories: News Flash

Date: Jul 11, 2020

India’s Reliance will load its first cargo of Venezuelan crude in three months this week in exchan...

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IEA: Casting a shadow on Strong Oil Demand Growth

Categories: News Flash

Date: Jul 11, 2020

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of dat...

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Port of Rotterdam to start trial with PIN-free container handling

Categories: News Flash

Date: Jul 11, 2020

This week, various parties in Rotterdam will be launching a new pilot project, in which containers a...

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Governments pledge action for seafarers at crucial crew change summit

Categories: News Flash

Date: Jul 11, 2020

IMO Secretary-General Kitack Lim has welcomed the commitment of 13 countries to facilitate crew chan...

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Drop in petroleum demand led to rise in crude oil inventories and low refinery utilization

Categories: News Flash

Date: Jul 10, 2020

The U.S. Energy Information Administration’s (EIA) latest Petroleum Supply Monthly shows the signi...

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Global oil markets are getting what they need from OPEC+

Categories: News Flash

Date: Jul 10, 2020

Headlines are currently screaming at readers: “Oil markets starved of essential Russian and Saudi ...

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Cargo volume at Major Ports dips 20% in April-June Quarter

Categories: News Flash

Date: Jul 10, 2020

Cargo handled by the country’s major ports declined by 19.68 per cent to 141.92 million tonnes (MT...

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Port of Antwerp sees first sign of recovery amid Covid Pandemic

Categories: News Flash

Date: Jul 10, 2020

Though the Port of Antwerp has reported a 4.9% drop in the total throughput of goods for the first h...

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At 42.7 mn, June e-way bills close to pre-Covid days

Categories: News Flash

Date: Jul 09, 2020

More than 42.7 million e-way bills were generated in June with a total value of 12.4 lakh crore, hig...