India’s Bold Plan: Six Mega Ports Along the Coast by 2047 The Ministry of Ports, Shipping, and Waterways recently unveiled ambitious blueprints for constructing six massive coastal ports by 2047, aligning with the Maritime India Vision. This policy highlights India’s expanding economic and strategic interests in the Indian Ocean Region [...]
Ensuring Maritime Safety: Global Shipping Giants Contemplate Resuming Operations in Red Sea and Gulf of Aden In recent developments, major international shipping companies, including industry giants like Maersk and MSC Mediterranean Shipping Co, are evaluating the possibility of resuming operations in the Red Sea and the Gulf of Aden. This [...]
APM Terminals and DP World Forge Alliance for Zero-Emission Ports at COP28 APM Terminals and DP World have joined forces to establish the Zero Emission Port Alliance (ZEPA), a collaborative initiative aimed at expediting the transition to zero emissions for container handling equipment (CHE) in ports. The alliance, unveiled during [...]
Ship Movement at Navi Mumbai Port disrupted In a dramatic turn of events, villagers in Navi Mumbai have taken to the streets, protesting against what they perceive as the unjust exploitation of their land. The agitation has escalated to the point where the villagers are now actively blocking ship movements [...]
Thailand’s Bold Vision: A Game-Changing $28 Billion Sea Route Connecting Asia-Pacific to India and the Middle East In a groundbreaking move, Thailand is unveiling an ambitious multibillion-dollar project aimed at revolutionizing the shipping industry. This visionary initiative seeks to establish a robust sea route, with an estimated cost of $28 [...]
Reshaping Cape Town Port for Global Competitiveness Stakeholders from Tru-Cape, Ceres Fruit Growers, Two-a-Day Group, Dutoit Agri, and Link Supply Management recently met with Western Cape Premier Alan Winde to discuss the future of Cape Town’s port. The meeting, attended by Mireille Wenger, Western Cape provincial minister of finance and [...]
Anchored Ambitions: Vizhinjam Port and India’s Quest for Maritime Supremacy India’s vision of becoming a key player in the Indian Ocean transshipment industry took a significant step forward on October 15, as the Vizhinjam International Seaport, located near Thiruvananthapuram in the southern state of Kerala, welcomed its inaugural ship, the [...]
Rhodes Port Standoff: A Tale of Courage and Compassion In the bustling port of Rhodes, a Greek island known for its ancient history and picturesque beaches, a dramatic protest unfolded on a quiet Sunday afternoon. Around 400 migrants and refugees gathered at the Acadia port, their faces etched with desperation [...]
Investor confidence took a hit due to persistent high prices and rising interest rates. In the third quarter of 2023, the S&P Index dropped by 3.6%, reflecting widespread concerns in the global market. Similarly, the Drewry Port Equity Index, which measures the performance of the ports and terminals sector, also [...]
In exciting news, Kerala’s Minister for Ports, Ahamed Devarkovil, recently announced that the first ship carrying cranes from China is set to arrive at Vizhinjam Port on October 4. This development has generated significant buzz in the shipping industry. To mark this milestone, a special event at the Adani-operated Vizhinjam [...]
