News Flash

Trade with Bangladesh opens doors for India’s non-basmati rice exports

The resumption of trade with Bangladesh through the West Bengal border has raised hopes among India’s non-basmati rice traders of...
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Seaborne trade to contract by 1bn tonnes in 2020: Clarksons

Seaborne trade is set to drop by 1bn in 2020 due to the impact of the Covid-19 pandemic according to...
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For strong, resilient and ‘Aatma Nirabhar Bharat’ Trade Bodies have an important role to play: Piyush Goyal

Covid-19 has changed the world but Indian people, businesses and industries did not succumb to the crisis, and stood out...
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Adani Logistics moves 1st Container vessel from India to Bangladesh through Inland Waterways

A first ever containerized cargo export from India to Bangladesh using Inland Waterways has reached its destination Pangaon International Container...
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First Reefer Container dispatched from Calicut to Dubai via Cochin Port

The first Consignment of Vegetable Cargoes by Reefer Container had dispatched from Calicut to Dubai via Cochin Port. Since lockdown,...
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Mundra Port emerges as Largest Container Port by Volumes in India during Q1 FY 21

Mundra Port, India’s biggest commercial port by volumes and the flagship port of the Adani Group, has emerged as the...
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For the first time Indian Railways loads Special Parcel Train to Bangladesh

For the first time the Indian Railways, loaded special Parcel train beyond the country borders to Benapole in Bangladesh with...
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Majority of unused land with Major Ports to be used for industrialisation : Mansukh Mandaviya

To propel port-led development, the Government will ensure industries are set up on a chunk of the 1.10 lakh hectares...
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VLCCs: Market Firms Up During the Week

VLCC Rates firmed this week across the board in this sector. In the Middle East Gulf, 280,000mt to USG via...
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Alang shipbreaking yard introduces ‘vessel isolation’ for crew

After a crew member tested positive for Covid-19 at Alang about 10 days ago, Gujarat government has changed the Standard...
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Indian Thermal coal imports at major ports decline 35 per cent to 17.71 MT in April-June: IPA

Thermal coal imports at India’s 12 major ports dropped 34.70 per cent to 17.71 million tonnes (MT) in the first...
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Western Railways introduces plethora of incentives to increase its freight loading

Western Railway has introduced various incentive schemes of Ministry of Railways, to boost the economic growth of the country by...
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Shipping Ministry issues draft “Aids to Navigation Bill 2020” for public consultation

In accordance with Prime Minister Shri Narendra Modi’s vision for augmenting people’s participation and transparency in the governance, Ministry of...
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Shipping Minister urges industry players to develop self-sufficiency in critical products manufacturing

Union Shipping Minister Mansukh Mandaviya recently exhorted domestic companies to step up manufacturing of critical products like cranes for cargo...
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India’s Reliance to load Venezuelan oil cargo under fuel swap deal: Sources

India’s Reliance will load its first cargo of Venezuelan crude in three months this week in exchange for diesel under...
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IEA: Casting a shadow on Strong Oil Demand Growth

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and...
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Port of Rotterdam to start trial with PIN-free container handling

This week, various parties in Rotterdam will be launching a new pilot project, in which containers are handled and released...
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Governments pledge action for seafarers at crucial crew change summit

IMO Secretary-General Kitack Lim has welcomed the commitment of 13 countries to facilitate crew changes and achieve key worker designation...
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Drop in petroleum demand led to rise in crude oil inventories and low refinery utilization

The U.S. Energy Information Administration’s (EIA) latest Petroleum Supply Monthly shows the significant changes in petroleum markets that occurred in...
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Global oil markets are getting what they need from OPEC+

Headlines are currently screaming at readers: “Oil markets starved of essential Russian and Saudi barrels.” And yet, only a few...
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