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,…
New Oil Jetty No. 8 at Deendayal Port Authority
New Oil Jetty No. 8 to Propel Deendayal Port Authority’s Capacity for POL and LPG Handling Gandhidham, August 14, 2024— In a strategic move to bolster port infrastructure and community welfare, TK Ramachandran, Secretary of the Ministry of Ports, Shipping,…
Six-Fold Increase in Cargo Movement on Waterways in India
Sonowal Shares Latest updates on India’s inland waterways, including major expansions, new waterway developments, and key initiatives driving growth and efficiency in the sector. Union Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal revealed substantial progress in cargo movement…
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…
Sonowal Seeks Stakeholder Insights for Inclusive Budget
Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, holds a pre-budget meeting with stakeholders to gather insights for an inclusive budget – Maritime News Challenges Faced by Stakeholders, Proposed Resolutions and Expected Further Steps Infrastructure Development: Challenge: Limited…
APM Terminals Calls First Movers to Join Innovators Program
Launch of the Shipping Line Dashboard by APM Terminals To Enhance Visibility and Reliability for Customers The Hague : In a significant development for maritime news, APM Terminals is inviting industry first movers to join its Innovators Program, aiming to…
Adani Ports Signs 30-Year Concession for CT2 at Dar es Salaam Port
Key Takeaways New Market Entry: Marks Adani Ports’ entry into Tanzania. Capacity: CT2 has a capacity of 1 million TEUs, handling ~83% of Tanzania’s container volume. Strategic Location: Dar es Salaam Port is a gateway port with a well-connected network…
Maersk and Tamil Nadu Join Forces to Supercharge Trade and Infrastructure
Chennai : Get ready for smoother sailing! A.P. Moller – Maersk (Maersk), a global shipping giant, and the Government of Tamil Nadu have signed a game-changing deal to boost the state’s maritime trade. Key Highlights: Investment Boost: Maersk plans to…