Northport (Malaysia) Bhd, a member of MMC Group, announced the completion of its latest container yard, Block K. This state-of-the-art facility marks a significant milestone in Northport’s ongoing commitment to enhancing its capabilities and service offerings. The new Block K container yard with 2,016 TGS (Total Ground Slot) has added 662,256 TEUs (Twenty-foot Equivalent Units) […] The post Northport’s Capacity and Efficiency Set to Improve with New Container Yard first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

The Hambantota International Port (HIP) has marked a 40 percent increase in RORO vehicleshandled between the 2nd and 3rd quarters of 2024. From 125,526 units handled in the 2ndquarter the port went up to 175,583 RORO units handled as at the end of September. A contributing factor to this is the increase in shipping lines operating […] The post HIP sees 40% Increase in RORO Transshipment first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Vizhinjam Port in Kerala Vizhinjam Port has achieved a milestone by handling 10,330 containers from a single ship, marking one of the largest container movements recorded at any port in India.It is the first time over 10,000 containers have been moved from a single vessel. Handling such a large volume during a trial run highlights […] The post Vizhinjam Port Handles Record 10,330 containers from a Single Ship first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Indian Union Minister for Port, Shipping and Waterways (MoPSW), Sarbananda Sonowal, said that India remains committed to maintaining and enhancing trade and connectivity with both Myanmar and Bangladesh and in Myanmar, India is working closely with the authorities to ensure continued operation of the Sittwe port. “The situation in our neighbourhood, particularly in Myanmar and […] The post India working to ensure continued operation of Sittwe port first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Alphard Maritime Group plans to set out to establish a $500m shipping fund in the country’s new financial services centre, Gujarat International Finance Tec-City (GIFT City). This initiative, revealed during the ‘Global Ports and Shipping Summit’ in Mumbai, is set to provide a much-needed boost to India’s shipping tonnage. Captain Alok Kumar, Chairman and Promoter […] The post Alphard Maritime Intends to Set Up $500m Shipping Fund in GIFT City first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

The revenue of readymade garment (RMG) exporters from Tamil Nadu state to see revenue growth by 8-10 per cent to ₹43,000 crore ($5.11 billion) in this fiscal, according to CRISIL Ratings. The sector has seen signs of recovery in Tamil Nadu after two years of subdued demand and muted realisations and is expected to fare […] The post RMG Exporters from Tamil Nadu to See Revenue Growth: Crisil Ratings first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Colombo West International Terminal (CWIT) has welcomed the delivery of its first 2 semi-automated Rail Mounted Quay Cranes (RMQCs) and three additional fully automated Cantilever Rail-Mounted Gantry Cranes (CRMGs). This shipment marks the second in a series of deliveries as the terminal gears up for Phase 1 operations in February of 2025. This follows the […] The post CWIT Receives Delivery of Additional Crane Fleet first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Shipping giant A.P. Moller-Maersk A/S expects IMO, the industry’s global regulator, to approve a charge on vessels’ greenhouse gas emissions. At International Maritime Organization (IMO) talks in London, nations have been inching toward new regulations to reign in emissions from a sector that annually spews about a billion tons of carbon dioxide into the atmosphere. Maersk group representative […] The post first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Eastern Pacific Shipping (EPS) to extend its orderbook for ultra large ethane carriers (ULECs) with two newbuilds contracted in South Korea. The deal for 150,000 cu m vessels was announced at HD Hyundai Samho, each worth roughly about $207m. The ships are scheduled for delivery in July and September of 2027 and add to six […] The post Eastern Pacific to Add Two ULECs to Its Fleet first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more

Jawaharlal Nehru Port has posted a 16.49 per cent growth in container traffic at 596,790 TEUs (twenty-foot equivalent units) in September over the corresponding month of the previous fiscal year. The country’s premier container port handled a total of 512,316 TEUs in September 2023, Jawaharlal Nehru Port Authority (JNPA) said. The total traffic at the […] The post Jawaharlal Nehru Port Posts 16.49% growth in Container Traffic in September first appeared on Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal ..read more