Maersk Opens Largest Logistics Park at Jeddah Islamic Port
Jeddah : In a major development for the Maritime industries logistics industry in the Middle East, A.P. Moller – Maersk (Maersk) has inaugurated its largest single-site Logistics & Services facility at Jeddah Islamic Port, Saudi Arabia. Spanning 225,000 square meters…
Visakhapatnam Port Authority Eyes 49% Stake in Mulapeta Port
A Strategic Move for Expansion of Operational Footprint In a significant development that could reshape the maritime landscape of Andhra Pradesh, the Visakhapatnam Port Authority (VPA) has proposed acquiring a 49% equity stake in the upcoming Mulapeta Port (formerly known…
Deadline Set for Potential Strike at Indian Government Ports
Union Leaders Warn of Disruption strike scheduled to commence on August 28, 2024 Indian government ports are bracing for significant disruptions as union leaders issue a stark warning of an impending indefinite dockworker strike scheduled to commence on August 28,…
Green Tug Transition Program (GTTP) Unveiled
India’s Maritime Sector Sets Sail for a Greener Future In a groundbreaking move towards environmental sustainability, the Union Minister of Port Shipping and Waterways, Sarbananda Sonowal, has officially launched the Standard Operating Procedures (SOP) for the Green Tug Transition Program…
The Impact of Hindenburg’s Report on Adani Ports
In recent months, the release of a report by Hindenburg Research, a U.S.-based short-selling firm, has drawn significant attention to Adani Group, one of India’s largest conglomerates. The report raised allegations of corporate malfeasance, triggering a wave of scrutiny and…
IAS Amit Kumar appointed as the Private Secretary to the MoPSW
The Government of India has announced the appointment of Amit Kumar, IAS (BH:2012), as the Private Secretary to the Minister for Ports, Shipping & Waterways, Sarbananda Sonowal. This decision, approved by the Competent Authority, places Kumar in a key administrative…
Sagar Setu App Faces Discrepancies in User Data
A Discrepancy in User Engagement Despite ambitious claims, recent data reveals a significant discrepancy. As per the information shared in a training programme named ‘Workshops On Sagar Setu App’ organised by Ministry of Ports, Shipping and Waterways. It was announced…
The Struggles of the Gujarat Maritime Board
Challenges in the Development and Regulation of Non-Major Ports The Gujarat Maritime Board (GMB) has long been recognized as a pioneering institution in the Indian maritime sector, credited with managing the state’s extensive coastline and overseeing the development of non-major…
Short and Long Term Threats of Maersk’s SH3 on Global Market
The launch of Maersk’s SH3 service between China and Bangladesh is set to have significant short-term and long-term effects on the global market. While it offers substantial benefits such as enhanced supply chain efficiency, increased capacity, and economic integration, it…
Threats of Maersk’s SH3 on Local Traders
While the introduction of Maersk’s SH3 service between China and Bangladesh offers significant opportunities for local traders, it is also said to pose several short-term and long-term threats. This has increased the need of Local businesses to strategically adapt to…