Source: TNN This achievement surpasses the previous record of 10 MMTs handled in 47 days during the previous financial year 2023-24. VPA chairperson M Angamuthu congratulated traffic manager GRV Prasada Rao and his team for this remarkable accomplishment. He commended their dedication and efficiency, which have been instrumental in achieving this milestone. Chairperson highlighted the significant progress and the port’s commitment for setting new benchmarks in cargo handling. He further encouraged the team to sustain their excellent performance, aiming to reach a target of 90 MMTs of cargo vol ..read more

Source: Mint TCI is exploring options from shipbuilding operations in China, Japan, and Korea, expecting to finalize a deal in the second half of the fiscal year. “We placed orders for two ships in the last financial year but unfortunately shipyard in Japan cancelled it at the last minute. We are looking at placing new orders somewhere else, possibly in the second half of the current fiscal,” said Vineet Agarwal, managing director, TCI, in an interview with Mint. To strengthen its seaway operations immediately, TCI is also exploring the purchase of a large second-hand cargo vessel, as new ship ..read more

DP World, a leading global provider of smart end-to-end supply chain solutions, has achieved a historic milestone with its Chennai Container Terminal Pvt. Ltd. Port (CCTPL), successfully berthing and handling its deepest-ever container vessel.  The vessel, named APL Boston, boasts a draft of 14.9 meters and a capacity of 9,326 TEUs. This achievement underscores DP World’s commitment to pushing the boundaries of maritime excellence and facilitating seamless trade flow. The vessel serves critical locations in the port rotation, including, Colombo, London Gateway, Sydney, Melbourne and Singa ..read more

Source: ANI Talking to reporters, CM Saha emphasized the current administration’s commitment to maintaining peace and tranquillity in Tripura, a strategy that has successfully attracted numerous investors to the state. He highlighted that with the recent elections concluded, a new government will soon take charge, continuing the progress under the leadership of Prime Minister Narendra Modi. “With PM Modi’s unwavering support for the Act East Policy and the implementation of the HIRA Model, the Maitri Setu will naturally become operational shortly,” said Saha. “The trial runs for the Agartala-A ..read more

Rashtriya Ispat Nigam Limited (RINL), a pivotal player in the steel industry, faced an unprecedented challenge when operations at Adani Gangavaram Port Limited (AGPL) had to be halted, after the port workers agitated, raising various demands. The supply disruption significantly affected RINL’s ability to procure essential raw materials, such as coking coal and limestone, which are crucial for its production processes. In light of these challenges, Atul Bhatt, CMD, RINL, extended his gratitude to all stakeholders who played a crucial role in resolving the crisis of transportation of essential r ..read more

Source: The Hindu He was inaugurating a seminar on ‘Port Development and Employment’ organised in connection with the 58th State conference of the Kerala Gazetted Officers’ Association (KGOA). The seminar observed that the Vizhinjam international port will bring in huge economic development in Kerala and the State should make extensive preparations for the opening of the port. The panel also pointed out that Kerala was the only place in India with natural facilities for port development and these possibilities should be utilised to the maximum. Port development had a very important role to pla ..read more

SLUG: Bloomberg Reliance Industries Ltd., India’s largest private refiner, purchased about 2 million barrels of Canada’s Access Western Blend crude from the recently expanded Trans Mountain pipeline, its first such cargo. And although that grade suits processors with sophisticated refineries such as Reliance, there were plenty of unusual logistical complexities that came with the deal. To get the shipment delivered, Reliance is first having to load it onto four smaller tankers from Burnaby port because of local depth restrictions, according to people with knowledge of the matter. The quartet o ..read more

Source: Business Standard The country has improved performance in both domestic and international logistics opportunities However, Bangladesh has scored the lowest yet again among four emerging South Asian economies in the 14th annual edition of the index unveiled by Agility – a Kuwait-based global logistics company – on Tuesday. At number two in the overall ranking, India has made significant progress in the last decade in modernising its logistics and supply chain industry, read the report. Among other South Asian countries – Pakistan stood at 26th position and Sri Lanka at 30th in the index ..read more

Source: ET Infra State-owned GAIL (India) Ltd, India’s biggest gas utility, has hired a new liquefied natural gas (LNG) carrier for 14 years, beginning early 2025, from the New York Stock Exchange-listed Cool Company Ltd, for an undisclosed daily rate. Cool Company will deliver the LNG tanker, one of the two ordered by the Company at an undisclosed yard, to GAIL in the Gulf of Mexico, Cool Company said in a statement. Eastern Pacific Shipping Pte Ltd and its affiliates are the largest shareholders of Cool Company. The time charter contract is intended to secure the long-term supply of LNG into ..read more

Equipping Young Talent for a Sustainable Maritime Future in India In a significant stride towards aligning with the Government of India’s visionary Skill India mission and strengthening the country’s maritime prowess, APM Terminals Pipavav (GPPL), a leading gateway port in India, has taken a pivotal step by launching the intensive “Future Leaders – Foundation Program” in partnership with Maersk Training and Gujarat Maritime University (GMU). This ground-breaking five day program revolutionizes maritime learning through immersive virtual reality (VR) experiences build upon the Memorandum of Und ..read more