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CONTAINER TRANSSHIPMENT PORT
Groundbreaking for Galathea Bay project in 2028: Union Minister Sarbananda SonowalIndia is moving forward with the Galathea Bay mega-project, with construction slated to begin in 2028. Union Minister Sarbananda Sonowal co...
Jairam Ramesh writes to Sarbanand Sonowal, seeks clarifications on Great Nicobar project's transhipment portCongress leader Jairam Ramesh has questioned Union Minister Sarbanand Sonowal about the Great Nicobar Island project's transhipment port, s...
Great Nicobar project: Ramesh flags non-transparency in latest letter to Environment MinisterCongress leader Jairam Ramesh has raised concerns about the Great Nicobar Island project. He has written to the Environment Minister, highl...
Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
What makes the Rs 90,000-crore Great Nicobar Island project critical for India both militarily and economicallyIndia is undertaking a massive Rs 90,000 crore project in Great Nicobar. This initiative will develop a major transshipment port and intern...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
Ex-military officers defend Great Nicobar push, reject Rahul Gandhi’s concernsRetired military officials are backing the Great Nicobar Project. They counter allegations of land grabbing and corruption, highlighting it...
Basmati rice exporters urge govt action on shipping charges amid West Asia crisisBasmati rice exporters face crippling shipping charges. War-risk surcharges are soaring, sometimes reaching 70 percent of cargo value. Ship...
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
India’s next big power move is set to unfold in the Bay of BengalIndia's ambitious Great Nicobar infrastructure project has received a green light. This mega project, centered around a new transshipment p...
An Adani project will put India on global maritime mapIndia's ambition to be a manufacturing powerhouse got a boost with Adani Group's Vizhinjam Port in Kerala getting approval to operate as In...
Indian trade logistics gains amid Lanka crisisSri Lanka's financial crisis has already begun to benefit India's ports, with Mundra for the first time this year becoming the most expensi...
Govt frees ships from transshipment permits for Indian entitiesThe move is aimed at arresting diversion of Indian container cargo to transshipment hubs at foreign ports that has swelled to 33 percent.
Government eases restrictions on coastal shipping for containersThe shipping ministry has relaxed cabotage restrictions for ports that transship at least half of the containers handled by them.
Govt seeking middle ground to free coastline for foreign ships; may ease cabotage normsCabotage refers to the transport of goods or passengers between two points in one country by a ship or aircraft registered in another count...
Adani Ports, Visakha Container Terminal seek Cabotage reliefThese companies say that they are losing out on massive cargo volumes and port revenues because of the stringent coastal shipping rule.
- Larsen & Toubro awaits customs approval for Rs 4,700 crore Kattupalli port project
Larsen & Toubro is ready to commission its Rs 4,700 crore shipyard-cum-port complex at Kattupalli near Chennai, but is facing a roadblock.
- Centre likely to relax Cabotage rule to promote coastal trade
To promote trans-shipment at ports, the Centre is likely to relax the Cabotage rule so that foreign vessles may be permitted to carry cargo...