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latest News And Updates

03Dec

2021

India emerging as a world leader in maritime sector: Sonowal

Union Minister for Ports, shipping & Waterways and AYUSH Sarbanada Sonowal said India is emerging as a world leader in the maritime sector.

Source : India Seatrade News - Read More

02Dec

2021

DP World to invest $1Bln in Bangladesh

DP World, a Dubai- based multinational logistics company, will invest $1 billion in Bangladesh's supply chain infrastruture, including ports, rail network.

Source : India Seatrade News - Read More

01Dec

2021

Container market turmoil looks set to spill into H1 2022

After navigating choppy waters for more than a year now, market sources fear that despite some signs of a rebalancing in demand and supply.

Source : India Seatrade News - Read More

30Nov

2021

PM Modi moots ‘3T strategy’ to boost India’s economic diplomacy

The prime minister gave his suggestions to a panel of officials at a meeting where he and his council of ministers were given a presentation on ‘Vision for the Indian Economy’ last week. The panel comprised secretary-level officers from ministries such as

Source : India Seatrade News - Read More.

29Nov

2021

Relatively smooth transition to 0.50 pc sulphur limit: IMO

Since January 1, 2020, the global upper limit on the sulphur content of ships’ fuel oil has been reduced to 0.5 per cent from 3.5 per cent (under the so-called “IMO 2020” regulation). This is significantly reducing the amount of sulphur oxide

Source : Exim News Service - Read More

28Nov

2021

Terminal Handling Charges to Be Paid Directly to Port Trusts

The Centre has allowed direct port delivery (DPD) clients and authorised economic operators (AEO) to pay terminal handling charges (THC) directly to the port terminals in a move that drastically alters the way the levy is collected.

Source : India Seatrade News - Read More.