Allcargo Group names Vaishnav Shetty as Deputy MD of Allcargo Global

Allcargo Group has appointed Vaishnav Shetty as Deputy Managing Director and a member of the Allcargo Global Ltd. Shetty, son of founder Shashi Kiran Shetty, will work with Managing Director Adarsh Hegde. This move signals the group’s focus on succession planning and building a future-ready organization.

A major shipbuilding yard is set to be established at Ponnani port in Malappuram, Kerala. This public-private partnership project will be the second largest in the state after Kochi. The facility will initially focus on building small vessels, with plans for larger ships in later phases. The project is expected to create around 1,000 jobs […]

Cochin Shipyard Limited proudly announces the delivery of its inaugural Multi-Purpose Vessel to Germany’s HS Schiffahrts, marking a pivotal moment in the company’s expansion into international waters. With an innovative design that accommodates a variety of global cargoes, these vessels reflect CSL’s commitment to excellence.

GMR Aero Cargo & Logistics has launched India’s first airside reefer truck at Rajiv Gandhi International Airport. This new truck ensures cold-chain integrity for temperature-sensitive cargo. It maintains precise temperatures between +2°C and +25°C. The facility eliminates temperature exposure during ramp transfers. This marks a significant advancement for perishable and pharmaceutical logistics in India.

A Dedicated Freight Corridor Corporation of India Limited (DFCCIL) statement said final leg of the WDFC was reviewed Sunday during a coordination meeting with the Jawaharlal Nehru Port Authority (JNPA).

Union Budget of India: India’s shipping and ports sector is emerging as a key driver for economic growth. Strategic investments in ports and shipbuilding are enhancing trade efficiency and logistics. The nation aims to boost its maritime capabilities, creating jobs and strengthening its position in global supply chains. Budget 2026-27 is expected to further accelerate […]

In a pivotal diplomatic mission, Iranian Foreign Minister Abbas Araghchi is set to meet with Indian ministers to explore the future of the strategically important Chabahar Port. With a key US sanctions waiver nearing its end this April, the discussions will center on enhancing trade relations and celebrating the 75-year-long partnership between India and Iran.

Samudra Pratap, meaning “Majesty of the Seas,” reflects the Indian Coast Guard’s resolve to ensure safe, secure, and clean seas while safeguarding the nation’s maritime interests. The ship represents a major advancement in indigenous ship design and construction.

The Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS), valid until March 2036 with a possible extension to 2047.

Syama Prasad Mookerjee Port, Kolkata, and Cochin Shipyard Ltd. have reinforced their collaboration to bolster India’s ship repair capabilities. A shared profit of Rs 5.94 crore was distributed from their joint venture, the Cochin–Kolkata Ship Repair Unit.