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LatestLY - Business - News Image
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BusinessApr 06, 2026 06:24 PM

World News | Two Vessels Carrying over 60,000 MT of LPG to Reach India This Week: Union Shipping Min...

New Delhi [India], April 6 (ANI): The Union Ports, Shipping and Waterways Ministry on Monday stated that two Indian-flagged vessels carrying over 60,000 metric tonnes of LPG have transited through the Strait of Hormuz in recent days and are expected to reach India this week amid the ongoing conflict in West Asia. Speaking during an inter-ministerial briefing here, Additional Secretary in the Ministry of Ports, Shipping and Waterways, Mukesh Mangal, said the vessels - Green Sadhvi and Green Asha ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 06, 2026 06:02 PM

Two vessels carrying over 60,000 MT of LPG to reach India this week: Union Shipping Ministry

New Delhi [India], April 6 (ANI): The Union Ports, Shipping and Waterways Ministry on Monday stated that two Indian-flagged vessels carrying over 60,000 metric tonnes of LPG have transited through the Strait of Hormuz in recent days and are expected to reach India this week amid the ongoing conflict in West Asia. Speaking during an inter-ministerial briefing here, Additional Secretary in the Ministry of Ports, Shipping and Waterways, Mukesh Mangal, said the vessels - Green Sadhvi and Green Asha ...Read More >

The Hans India - Business - News Image
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BusinessApr 03, 2026 07:26 AM

Visakhapatnam Port eyes 'clean cargo'

Visakhapatnam: Following an incremental rise of petroleum products in cargo composition summing up to a 25 percent jump, the 92-year-old Visakhapatnam Port has laid out an action plan for a Rs.3,000 crore-project with a special emphasis on 'clean cargo'. Shifting from its reliance on traditional bulk cargo, Visakhapatnam Port focuses on diversifying its compositions towards much cleaner and more varied cargo. Although petroleum products are generally handled in the harbour through direct pipel ...Read More >

The Times of India - Business - News Image
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BusinessApr 02, 2026 01:22 AM

Mumbai Port hits record 75.15 MMT cargo in FY26; eyes 80 MMT next

Mumbai: The Mumbai Port Authority (MbPA) clocked its highest-ever cargo throughput of 75.15 million metric tonnes (MMT) in 2025-26, registering a 9.5% growth over the previous year, underscoring strong operational performance despite global trade uncertainties.Mumbai Port also maintained its lead in cruise tourism, handling 95 cruise calls and over 2.5 lakh passengers. In shipbuilding and repair, it handled 87 vessels for repair and 23 under construction, while advancing plans for a greenfield s ...Read More >

Ommcom News - Business - News Image
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BusinessApr 01, 2026 07:53 PM

ECoR Retains Top Spot As India's Leading Freight Railway Zone | Odisha

Bhubaneswar: East Coast Railway (ECoR) has once again reaffirmed its position as the premier freight handling zone of Indian Railways, achieving an all time high freight loading of 286.3 Million Tonnes (MT) during the financial year 2025-26. This marks a significant increase of 27 MT over the previous year's loading of 259.25 MT, underscoring the zone's consistent growth and operational excellence. In tandem with the rise in freight loading, the zone also recorded a substantial increase in frei ...Read More >

NewsDrum - Business - News Image
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BusinessApr 01, 2026 07:17 PM

Record 1,670 million tonnes cargo transported in 2025-26: Railway Ministry

New Delhi, Apr 1 (PTI) Railway Ministry on Wednesday said that it has set a new record in cargo transport by carrying 1,670 million tonnes of freight and registering a growth of 3.25 per cent over the previous year. "This achievement reflects sustained improvements in operational efficiency, capacity augmentation, and growing reliance on rail-based transportation by key sectors of the economy," the ministry said in a press note. It stated that the performance was complemented by a 4.56 per cen ...Read More >

Abtak.com - Business - News Image
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BusinessOct 30, 2025 07:02 PM

Right time to invest in India's maritime sector, says Modi

MUMBAI: While prime minister Narendra Modi stressed that it was the right time for investors to put money in India's maritime sector, the chief economic advisor (CEA) to the government of India V Anantha Nageswaran on Wednesday said that the country's GDP growth in FY 2025-26 would surpass the estimation of 6.3% and would be around 7%. Both were speaking at functions during India Maritime Week, being held from October 27 to 31 in Mumbai. The maritime week also saw a few key memorandums of unders ...Read More >

ThePrint - Business - News Image
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BusinessSep 30, 2025 12:52 AM

Paradip Port signs pact with AM/NS Ports for mechanisation of berth

Bhubaneswar, Sep 29 (PTI) Paradip Port Authority (PPA) and AM/NS ports signed a concession agreement on Monday for the mechanisation of a berth (CQ-III) to handle dry bulk cargo, officials said. The project, awarded for a concession period of 30 years, will enable the shipment of iron ore pellets produced by AM/NS India through a mechanised conveying system and a ship loader equipped with advanced cargo handling facilities, the Ministry of Ports, Shipping and Waterways said in a statement. ...Read More >

Unknown Source - Business - News Image
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BusinessJul 18, 2025 10:21 PM

DP World, DPA, Nevomo ink pact to explore autonomous magnetic rail freight movement in India

DP World, Deendayal Port Authority and Nevomo are collaborating. They will explore autonomous magnetic rail freight movement in India. A pact was signed to explore a pilot project. Nevomo's MagRail technology will be used. It will enable self-propelled movement of cargo within the port. The MoU establishes a 750-metre pilot project at Deendayal Port. DP World, Deendayal Port Authority (DPA) and Nevomo have signed an agreement to explore autonomous magnetic rail freight movement in the country, ...Read More >

LatestLY - Business - News Image
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BusinessJul 15, 2025 06:22 PM

Business News | DP World, Deendayal Port Authority, and Nevomo Sign MoU to Explore Autonomous Magnet...

New Delhi [India], July 15 (ANI): A Memorandum of Understanding (MoU) was signed between DP World, Deendayal Port Authority (DPA), and Nevomo to explore potential opportunities in autonomous magnetic rail freight movement in India. This collaboration aims to revolutionise cargo transportation within port ecosystems by implementing Nevomo's proprietary MagRail technology. Also Read | Will Samosa and Jalebi Display Cigarette-Style Health Warnings? PIB Fact Check Debunks Fake News, Says Health Mi ...Read More >

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