Ports and Special Economic Zone Ltd (APSEZ)’s flagship Mundra Port created a milestone by welcoming the largest container ship ever to call at an Indian port after the MSC Anna vessel docked at the Mundra Port on Sunday, the conglomerate said in a press release.
Largest container ship to arrive in India docks at Adani’s Mundra Port
Kolkata’s Syama Prasad Mookerjee Port to halt cargo operations for 12 hours due to a cyclonic storm. Safety measures in place for dock workers’ well-being.
Red Sea crisis driving up cost of white goods
2 years ago
The Red Sea conflict is causing a shortage of shipping containers, leading to challenges like contract cancellations due to the force majeure clause. Shipping lines are adjusting to the situation post the financial year closure.
Delhivery has partnered with SUGAR Cosmetics to manage its B2B logistics operations in India. The company will use Delhivery’s extensive networks, technology-driven solutions, and express Part Truck Load (PTL) services to ensure faster delivery of B2B consignments. SUGAR Cosmetics, India’s third-largest colour cosmetics brand, will benefit from Delhivery’s express PTL service for quick stock replenishment.
Shipping Ministry working to reach 80 pc landlord model at major ports by 2030: TK Ramachandran
2 years ago
Speaking at CII Annual Business Summit 2024, Ports, Shipping and Waterways Secretary TK Ramachandran said Jawaharlal Nehru Port (JNPT) has become the first major port of the country to become 100 per cent landlord port, having all berths being operated on PPP model.
Working hard to address needs of crew of ship involved in Baltimore incident: Synergy Marine
2 years ago
Synergy Marine Group addressing crew needs of container ship Dali in Francis Scott Key Bridge incident. Crew in good health, assisting with investigation. Indian crew facing phone confiscation by probe agencies, replaced by FBI. Monitoring crew’s welfare, providing counselling 24/7. Crew awaiting permission to disembark and arrangements for return home.
Norway’s central bank has excluded three companies from its government pension fund due to ethical concerns. Adani Ports, part of Gautam Adani’s conglomerate, is excluded due to potential violations of individuals’ rights in war situations. Weichai Power, a Chinese company, is excluded due to its involvement in armed conflict sales.
The slated connection of the dedicated freight corridor to Jawaharlal Nehru Port in FY26, along with capacity additions by ports, is expected to drive growth in container volume over the medium term, it added.
Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, stated that India aims to replicate the Chabahar port model in other strategic locations in the region to acquire additional assets. In an interview with ET, he emphasized that India is actively investigating opportunities to bolster its maritime presence and trade connectivity.