India Seatrade

31/10/2024

Join Us in Welcoming
Mr. Gyan Abhishek
Head Intermodal Operations - South India
Maersk Line India Pvt. Ltd.

A Warm Welcome to You, Sir!

Join us as he presents his insights during the Panel Discussion - 1: INFRASTRUCTURE DEVELOPMENT AND MULTIMODAL CONNECTIVITY

Register here: https://lnkd.in/gpSemDuu

We look forward to seeing you at the 7th Edition of the Multimodal Logistics Summit https://lnkd.in/gXkKpKCS

31/10/2024

Wishing everyone a joyful and prosperous Festival of Lights. May this Diwali bring new opportunities and growth for all!

29/10/2024

https://indiaseatradenews.com/indias-jsw-infra-reports-highest-ever-quarterly-profit-on-strong-cargo-growth/

Indian JSW Infrastructure on Monday reported its highest-ever quarterly profit since going public in October 2023, boosted by higher cargo volumes. The company, India’s second-biggest private port operator, reported consolidated net profit of 3.72 billion rupees ($44.3 million) in second quarter e...

29/10/2024

https://indiaseatradenews.com/icg-launches-two-indigenous-fast-patrol-vessels-to-enhance-maritime-security/

On October 28, 2024, the Indian Coast Guard (ICG) marked a significant milestone by simultaneously launching two Fast Patrol Vessels (FPVs), named ‘Adamya’ and ‘Akshar,’ at Goa Shipyard Ltd. (GSL). These vessels, boasting over 60% indigenous content, are part of a broader contract with GSL f...

29/10/2024

https://indiaseatradenews.com/import-export-resumes-at-benapole-land-port-after-two-day-suspension/

Import and export activities between Bangladesh and India resumed this morning at Benapole land port, following a two-day suspension due to the inauguration of a new passenger terminal at India’s Petrapole Port by Indian Home Minister Amit Shah. Since the resumption, cargo trucks from India have b...

29/10/2024

https://indiaseatradenews.com/pm-modi-inaugurates-projects-worth-rs-4900-cr-in-gujarats-amreli/

Prime Minister Narendra Modi stated on Monday that the world is now paying closer attention to India, recognizing its potential and opportunities. He made these remarks while addressing a gathering after inaugurating and laying the foundation stones for development projects worth over Rs 4,900 crore...

29/10/2024

https://indiaseatradenews.com/knowledge-marine-wins-17-5m-river-ganga-dredging-contract/

Knowledge Marine & Engineering Works Limited (KMEW) has won a $17.5 million contract from the Inland Waterways Authority of India (IWAI) for fairway maintenance of two stretches along National Waterway-1. The contract, announced this morning, covers the Sultanganj-Mahendrapur (74 km) and Mahendrapur...

29/10/2024

https://indiaseatradenews.com/restore-port-container-terminal-sought/

Sarvepalli legislator Somireddy Chandramohan Reddy has urged the restoration of the container terminal at Krishnapatnam Port. During a meeting with Port CEO Jagdish Patel and all-party leaders on Monday, Somireddy expressed concerns over the terminal’s closure, which he argued affects local export...

29/10/2024

https://indiaseatradenews.com/india-and-spain-sign-mous-on-infra-rail-transport-culture-and-tourism/

India and Spain signed several memorandums of understanding (MOUs) during the bilateral meeting between Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez in Gujarat’s Vadodara city on Monday. During the bilateral talks held at the iconic Laxmi Vilas Palace here, both leaders a...

29/10/2024

https://indiaseatradenews.com/mayuri-and-porter-to-boost-adoption-of-evs-in-logistics-sector/

Mayuri has teamed up with Porter, an on-demand logistics platform to deliver L3 and L5 e-Carts. The pilot project will be facilitated in Delhi and Bangalore with the initial projection of delivering 500 vehicles per month in respective cities. The strategic partnership highlights both companies’ v...

29/10/2024

https://indiaseatradenews.com/swiss-companies-set-sights-on-india-as-100bln-trade-pact-promises-more-opportunities/

Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among business...

29/10/2024

https://indiaseatradenews.com/russia-has-reduced-seafood-imports-from-india-by-a-third-in-a-year/

Russia’s imports of seafood from India, in particular some types of shrimp, decreased by a third in August compared to last year, RIA Novosti calculated according to the Indian statistical service. Thus, according to the results of the last month of summer, Russia’s imports of Indian seafood, am...

29/10/2024

https://indiaseatradenews.com/indias-gas-production-declines-lng-imports-surge/

In September, India’s natural gas production saw a 1.6% decline, reaching 2.8 billion cubic meters (bcm) compared to the same period last year. This dip reflects the country’s ongoing challenges in maintaining stable domestic production levels amid growing energy demands. Conversely, liquefied n...

29/10/2024

https://indiaseatradenews.com/one-connects-asia-and-jaxport-through-new-container-service/

Beginning February 2025, shipping line Ocean Network Express (ONE) will add the Jacksonville Port Authority (JAXPORT) to its East Coast 2 (EC2) container service, directly connecting the port of Jacksonville with five ports in Asia. The weekly service will utilize a fleet of 13,500 TEU (container) v...

29/10/2024

https://indiaseatradenews.com/pcs-telecom-parts-largely-push-rise-in-chinese-imports/

The increase in imports from China may largely be attributable to influx of computers, telecom equipment and their components, with chemicals used for medicines seen to have declined. During April-Aug, Chinese imports into India rose almost 11% to $46.6 billion, from $42 billion in the corresponding...

29/10/2024

https://indiaseatradenews.com/energy-transition-india-remains-highly-dependent-on-imports-of-critical-minerals-says-report/

India remains highly dependent on imports for minerals critical to accelerating its energy transition, with a full reliance on shipping in lithium, cobalt and nickel, according to a report released Monday. The report, published by the Institute for Energy Economics and Financial Analysis (IEEFA), sa...

29/10/2024

https://indiaseatradenews.com/indias-aluminium-dilemma-chinese-import-surge-threatens-local-metal-producers/

Can the world’s second-largest producer of aluminium feel the heat? That, indeed, seems to be the case with India’s aluminium producers who are clamouring for protection. The country’s top aluminium producers called on the central government on Monday morning to safeguard the industry from sur...

29/10/2024

https://indiaseatradenews.com/proposed-anti-dumping-duty-by-us-may-derail-ceramic-tiles-exports-in-fy25-while-domestic-demand-remains-resilient-says-icra/

Even as the resilient real estate demand is helping the revenue growth of the Indian ceramic tiles industry, a report by ICRA stated that the export market has started showing signs of a slowdown. It said that the demand slowdown from the USA is visible in the current fiscal, post the commencement o...