India Seatrade

05/07/2024

We proudly welcome Reliance Industries Limited as our Supporting Partner for the Coastal Multimodal Logistics Summit on August 9, 2024, at Vivanta Ernakulam Marine Drive, Kochi.

🔗Register now: https://indiaseatrade.com/delegate-registration-form/

05/07/2024

We proudly welcome CHAKIAT SHIPPING & LOGISTICS SERVICES as our Silver Partner for the Coastal Multimodal Logistics Summit on August 9, 2024, at Vivanta Ernakulam Marine Drive, Kochi.

🔗 Register now: https://indiaseatrade.com/delegate-registration-form/

05/07/2024

https://indiaseatradenews.com/india-developing-chabahar-port-holds-great-value-to-landlocked-central-asian-states-pm-modi/

The progress made by India in developing Iran’s Chabahar Port not only holds “great value” to landlocked Central Asian states but also “de-risks” commerce between India and Eurasia, Prime Minister Narendra Modi said on Thursday. External Affairs Minister S Jaishankar, who is in Astana to a...

05/07/2024

https://indiaseatradenews.com/government-to-soon-come-out-with-a-new-shipbuilding-repair-policy/

The shipping ministry will soon come up with a new shipbuilding and repair policy under the 100-day action plan, a top government official said on Thursday. Maritime India Vision 2030 (MIV 2030) aims to move India’s shipbuilding and ship repair ranking into the top 10 globally while Amrit Kaal Vis...

05/07/2024

https://indiaseatradenews.com/cargo-traffic-at-12-major-indian-ports-rises-6-8-pc-to-69-8-mt-in-jun/

Cargo traffic across 12 major Indian ports rose 6.8 per cent to 69.08 million tonnes (MT) in June from 64.69 MT in the year-ago month, with ten ports showing positive growth while the remaining two witnessed a decline. Jawaharlal Nehru Port in Maharashtra recorded the highest growth in cargo handlin...

05/07/2024

https://indiaseatradenews.com/vizhinjam-seaport-set-to-welcome-first-containership-on-july-12/

The Vizhinjam International Seaport in Thiruvananthapuram is gearing up to welcome the first mother ship on July 12. The ship with transshipment cargo will be arriving as a trial one to test the operational preparedness of the port. The full fledged commercial operations of the port is expected to b...

05/07/2024

https://indiaseatradenews.com/voc-port-to-mechanize-dry-bulk-cargo-terminal/

V O Chidambaranar Port at Tuticorin has entered into a concession agreement with JSW Tuticorin Multipurpose Terminal Private Limited for mechanization of the port’s North Cargo Berth-III (NCB-III) for handling dry bulk cargo on DBFOT (Design, Build, Finance, Operate and Transfer) basis for 30 year...

05/07/2024

https://indiaseatradenews.com/dredging-corp-hits-the-roof-on-bagging-rs-156-cr-order-from-cochin-port-authority/

Dredging Corporation was locked in upper circuit of 5% at Rs 1,337.45 after it received the annual maintenance dredging contract from the Cochin Port Authority worth Rs 156.50 crore with a provision to extend for another one year. The contract entails dredging of the Cochin Port’s outer channel, a...

05/07/2024

https://indiaseatradenews.com/south-east-asia-transhipment-call-omissions-a-blow-to-indias-exporters/

Indian shippers are being hit by a wave of late vessel arrivals and port call omissions, as Red Sea-linked schedule disruptions continue to wreak havoc on container supply chains. The majority of schedule disruptions are tied to connections serving Asia and Middle East trades, due to congestion plag...

05/07/2024

https://indiaseatradenews.com/who-is-premier-science-and-technology-one-of-the-two-bidders-for-container-terminal-at-voc-port/

Premier Science and Technology FZE, a little-known entity founded by Indian born mechanical engineer Sivasundaram Masanamuthu and based in Sharjah Research Technology and Innovation Park, United Arab Emirates, with no experience in the port sector, has emerged as one of the two bidders to submit qua...

05/07/2024

https://indiaseatradenews.com/cochin-shipyards-director-finance-jose-v-j-gets-tenure-extension-from-govt/

Cochin Shipyard informed that the Ministry of Ports, Shipping and Waterways, Government of India has extended the tenure of Jose V J as its Director (Finance) till the date of his superannuation i.e. 28 February 2027 or until further orders. Jose V J assumed charge as Director (Finance) and chief fi...

05/07/2024

https://indiaseatradenews.com/giant-oil-tankers-find-new-business-after-houthi-ship-attacks/

Some of the world’s biggest oil-hauling supertankers are instead loading up vast volumes of diesel in the latest sign of how attacks by Yemen’s Houthis are upending global shipping. At least one so-called very large crude carrier, or VLCC, capable of hauling two million barrels of oil is already...

05/07/2024

https://indiaseatradenews.com/indias-warehousing-and-logistics-sector-attracts-2-5-billion-in-q2-2024-led-by-foreign-investors/

As India aspires to energise its land bank to scale up the efforts for boosting the manufacturing and services economy, warehousing and logistics have become a newfound love, attracting foreign investors the most. According to a recent report by Colliers India, a real estate research and brokerage f...

05/07/2024

https://indiaseatradenews.com/pil-launches-first-direct-service-connecting-south-china-and-calcutta/

Pacific International Lines (PIL) announced the launch of China Calcutta Service (CCS), the first direct link between South China and Calcutta (or Kolkata) in the market. This weekly service commenced on 2 July 2024 from Xiamen. “PIL is pleased to be a pioneer in offering a direct China to Calcutt...

05/07/2024

https://indiaseatradenews.com/madhya-pradesh-govt-looking-to-build-delhi-like-air-cargo-hub-cm-mohan-yadav/

The state government of Madhya Pradesh is keen on creating a “Delhi-like” air cargo hub considering the geographical location and infrastructure present in the state, Chief Minister Mohan Yadav said on July 4. “Madhya Pradesh has a dense network of railways, metro, and expressways has been lai...

05/07/2024

https://indiaseatradenews.com/air-freight-set-to-grow-in-india-but-must-remove-hurdles/

The Red Sea crisis has seen air freight from India has more than doubled in the last few months, putting the country on track to meeting its target of 10 million tonnes (MT) by 2030-31. The country saw its peak air freight at over 3.5 MT in 2017-18 and post Covid saw number climb back […]

05/07/2024

https://indiaseatradenews.com/bengaluru-airport-leads-in-indias-perishable-exports-for-fourth-straight-year/

05/07/2024

https://indiaseatradenews.com/dnata-to-provide-ground-services-for-air-india-at-zurich-airport/

Dnata ramps up activities at ZRH: Dubai-based airport services provider Dnata inked a multi-year contract with Air India to provide passenger, ramp, and baggage services for Air India’s four weekly flights between Zurich and Delhi at Zurich Airport (ZRH), according to a press release. Dnata will s...

05/07/2024

https://indiaseatradenews.com/dmrc-rvnl-sign-mou-work-as-service-provider-for-projects-in-india-abroad/

The Delhi Metro Rail Corporation and the Rail Vikas Nigam Limited signed an MoU on Thursday to jointly work as a service provider for design, construction and consultancy projects in India and abroad, a statement said. The MoU was signed by DMRC’s Director for Business Development PK Garg and RVNL...

05/07/2024

https://indiaseatradenews.com/govt-starts-process-of-acquiring-land-worth-over-rs-4000-crore-for-second-phase-of-noida-international-airport/

The district administration has started taking possession of land for the second phase of the Noida International Airport. This will include the proposed maintenance & repair and overhaul (MRO) hub and aviation hub. For the said phase, the administration will be acquiring 1,365 acres of land. Out of...

05/07/2024

https://indiaseatradenews.com/textile-industry-seeks-govt-intervention-against-chinese-fabric-imports/

The Indian textile industry, particularly in Gujarat, is grappling with increased fabric imports from China, prompting industry representatives to seek government intervention. The issue was recently brought to the attention of Union Textile Minister Giriraj Singh during a meeting with sector leader...

05/07/2024

https://indiaseatradenews.com/indian-tea-exporters-witness-higher-demands-in-overseas-markets-after-govt-measures-to-check-pesticides/

The government’s drive to check pesticides in Indian tea to improve its quality is helping exporters who are witnessing higher demands for the brew in the overseas markets, especially Iran and Iraq. “Export is good so far. There is good demand from Iran and Iraq. These are the two key markets,.....

05/07/2024

https://indiaseatradenews.com/weak-chinese-demand-dents-indias-diamond-exports/

India’s cut and polished diamond exports have been faltering due to weak demand from the key market, China. A leading trade body in India has expressed concern over the situation and recommended that the government provide support to the industry to stabilize exports. India is the world’s larges...

05/07/2024

https://indiaseatradenews.com/google-to-export-india-made-pixel-smartphones-to-europe-us-report/

Google is aiming to make India a key export hub for its Pixel range of smartphones for markets in Europe and the United States, it was reported. Owing to this, Google will soon start commercial production through Foxconn and Dixon subsidiary Padget Electronics, Moneycontrol reported citing people in...

05/07/2024

https://indiaseatradenews.com/china-and-kazakhstan-agree-to-invest-in-aktau-port-container-hub/

The Port of Aktau will gain a new container hub. China and Kazakhstan agreed to build the port expansion at an investment roundtable on 2 July. At the roundtable, the two countries worked out a 3,7 billion dollar investment in joint projects. As part of the agreement, Kazakh Railways (KTZ) and Chine...

05/07/2024

https://indiaseatradenews.com/port-of-ny-nj-sees-container-surge-in-may/

For the third month in a row, total volume at the Port of New York and New Jersey exceeded 700,000 TEUs, but that’s not the only notable achievement. In May, the port also climbed to the top spot in the United States for both total TEUs and total loaded TEUs. May’s total volume reached 790,758 [...

05/07/2024

https://indiaseatradenews.com/with-almost-all-box-ships-arriving-late-singapore-acts-to-reduce-time-in-port/

Singapore’s transport minister said in parliament yesterday that the Maritime and Port Authority of Singapore (MPA) and port operator PSA were in discussions with liner operators to optimise vessel arrival times and operations to improve turnaround. Chee Hong Tat said nearly all containerships bou...

05/07/2024

https://indiaseatradenews.com/dutch-seaports-see-7-6-decline-in-cargo-shipments-in-2023/

The total volume of cargo shipments through the Netherlands’ seaports fell by 7.6 per cent to 574 million tonnes in 2023, according to new figures from Statistics Netherlands (CBS). This decline affected both incoming and outgoing shipments, with a notable reduction in goods from Russia and a sign...

05/07/2024

https://indiaseatradenews.com/port-of-long-beach-recognised-as-best-west-coast-seaport/

The Port of Long Beach has been named the Best West Coast Seaport in North America for the sixth consecutive year by readers of Asia Cargo News. The honour was announced during the Asian Freight, Logistics and Supply Chain Awards held on 25 June in Shanghai. Asia Cargo News honours logistics industr...

05/07/2024

https://indiaseatradenews.com/mawani-scores-231-7-points-in-liner-shipping-connectivity-index/

The Saudi Ports Authority (Mawani) has recorded 231.7 points in the Liner Shipping Connectivity Index, according to the report of the United Nations Conference on Trade and Development (UNCTAD). Throughout 2024, Mawani’s efforts aimed at developing port infrastructure have continued, enhancing the...