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India Coal is Back in Business

Mar 01, 2023

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports.'King coal is coming back and coming with a big bang,' Anil Kumar Jha, the chairman of Jindal Power Ltd., told the Coaltrans India conference, held this week for the first time since February 2020.The sentiment was echoed by virtually every speaker at the event…

India to Become Main Driver of Incremental Oil Use by 2030

Jan 23, 2024

India's petroleum consumption climbed to a new record last year and the country is on course to overtake China as the primary driver of incremental oil consumption before 2030.Urbanisation, industrialisation and the growth of the middle class…

ONE Launches West India North America (WIN) Service

Nov 28, 2023

Ocean Network Express (ONE) has announced a new West India North America (WIN) service which connects India’s west coast and the US east coast.  India has been playing an increasingly important role in world trade, with an export volume of approximately…

DP World to Develop Mega-Container Terminal in India

Aug 27, 2023

DP World has signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast.The concession to develop the…

India Gearing Up to Start Full Operations at Iran's Chabahar Port

Mar 05, 2021

India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade.India has been developing a part of the port on Iran’s south…

India Lines Up Port for Rice, Exports to Surge Amid Global Shortage

Feb 04, 2021

India’s southern state of Andhra Pradesh will use a deepwater port to export rice for the first time in decades amid a global shortage of the grain, according to a government order seen by Reuters, which could raise shipments this year by a fifth…

Mahajan Named Managing Director of CMA CGM India

Aug 20, 2020

French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles…

India: Recycling of Ships Bill Becomes an Act

Dec 23, 2019

The Recycling of Ships Bill 2019 for safe and environmentally sound recycling of ships in India has become an Act after receiving the assent of President of India.The government of India decided to bring this Act to provide for the regulation…

Maersk India Trade Report Q3 2019

Dec 20, 2019

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening…

India Accedes to Ship Recycling Convention

Nov 28, 2019

India, one of the world's five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling.India's accession brings this important convention a significant step closer to entering into force…

Hamburg, India Sea Trade Up by 17%

Oct 28, 2019

In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg’s ranking of its trading partners for container transport…

Rotterdam Port Strengthens Presence in India

Oct 17, 2019

The Port of Rotterdam Authority is intensifying its joint activities with parties in India. 'As one of the fastest growing economies in the world, India is investing heavily in the development of seaports, industrial areas and hinterland connections…

India to Use Bangladeshi Ports

Oct 07, 2019

India can now use two crucial Bangladesh ports - Chattogram and Mongla - for shipment of its cargo, which will cut time and cost significantly, India's shipping minister Mansukh Lal Mandavia said.He has said that Indian Prime Minister Narendra…

India's Containerized Trade Growth Slows

Sep 24, 2019

India's container trade growth slowed to 1 percent (9% in the same period last year) in Q2 2019 on account of various factors like growing trade tensions and slump in manufacturing sector, Maersk said.'The slow down is due to a cocktail of international factors such as slowing trade growth…

Maersk India Trade Report Q2 2019

Sep 23, 2019

India’s containerized trade growth slowed to 1% (9% in the same period last year) in Q2 2019, due to a cocktail of international factors such as slowing trade growth, and growing trade tensions – coupled with domestic factors like rural consumer distress…

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