May 2015: News
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- 29 May 2015
- Shreyas Shipping announces best ever performance in 2014-15
- KPT gets expansion permission from Gujarat Govt. under the CRZ and environmental regulations
- JN Port Updates on Inter Terminal Transfer of Tractor-Trailers
- AILBIEA organises seminar today, also hosts anniversary celebrations
- Cochin Port Trust felicitates awards to Importers and Exporters
- Govt relaxes norms for diesel import through old ships
- Govt plans to set up to improve Rail Road connectivity of Ports
- World Maritime University New Building Inaugurated
- 28 May 2015
- ITT - Intermodal Tank Transport (ISO Tank Operators) appoints CEL Logistics as new agents in India
- Maersk Line to reduce CO2 emission per container by 60 pc
- India's coffee exports sees weak demand this year
- Gangavaram Port to double capacity soon
- Sugar industry needs more than export subsidy for turnaround
- Gadkari proposes for Inland waterways development
- RIL-BP in race for Mumbai LNG terminal
- Exports of key agri products record negative growth in FY15
- Onion exports rises in two months
- 27 May 2015
- India will be important part of Europe's future, says EU representative
- Container train operators want haulage hike capped at 5% a year
- Port of Antwerp launches breakbulk application for more efficient freight handling
- Textile exports fall short of target in Fy15
- Iran's Chabahar Port to be operational by Dec 2016: Gadkari
- Govt mulling proposals for urgent measures to perk up exports
- Centre targets $47.5-billion textile exports in 2015-16
- Eastern Rly fixes freight traffic target at 72 mt
- 26 May 2015
- JN Port marching ahead towards bright future
- Bahri signed pact to build 5 VLCCs with Hyundai Samho Heavy Industries Co.
- KPCT Launches New Gulf Service
- JNPT files appeal in Supreme Court against NGT directive
- Cosco and China Shipping form Singapore-based JV to own Valemaxes
- DP World Antwerp contracts Kalmar to heighten three STS cranes
- Maersk Line gets Mike Fang as new Head in China
- First Maersk vessel arrives in King Abdullah Port
International Shipping Updates - 25 May 2015
- Allcargo Logistics impressive performance
- Maersk Line extends support to Nepal quake for transportation of relief material
- FFFAI to organize International North South Transport Corridor conference in Mumbai on June 12
- ICCSA organises Coastal shipping seminar
- Cotton exports slow down on big drop in demand from China
- Indian Register of Shipping celebrates four decades of excellence
- Chinese investment firm to set up textile park in Gujarat
- Arshiya Rail seeks lower freight for steel items
- Visakhapatnam Port to develop Multimodal Transporation hub and India's first packaging park
- India-US trade would rise to $500 billion: Richard Verma
- Mango shipments turn sour on high price, freight costs
- Maharashtra Govt to review SEZ policy
- IWAI exploring funding options to develop waterways
- Forex reserves hit new record high of $ 353.8 billion
- 22 May 2015
- SCI registers net profit of Rs. 200.93 crores for FY 2014-15
- Essar Ports seeks new investments on Port projects
- GIFT, Qianhai enters co-operation to develop Smart Cities
- APL launches new Panama-US East Coast service
- ZIM reports sharp improvement in Q1 profit
- IFCBA Chairman hails WCO for improving Customs Brokers’ operations on 25th anniversary
- Canada opens market for Indian grapes
- Effective fund utilisation remains a cause of concern for Shipping Ministry
- India's auto exports hit a record high in 2014-15
- 21 May 2015
- Maiden call of Simatech CCG Direct Service to Jebel Ali & Sohar from VCT, Vizag
- Port of Antwerp grants discount for ships with lower particulate emissions
- Two additional CMA CGM Asia services to call at Port of Rotterdam
- PM visits Hyundai Shipyard
- India's apparel exports shoot up 9.2% in April
- India's economic growth to surpass China next year: UN
- Coal handling at Major Ports up 36% in April
- Railway's April freight earnings up by over 17 per cent from last year
- TSA Lines move to Stabilize Rates, Meet Sustained Cargo Demand
- New Service Tax rate of 14% to come into effect from June 1
- 20 May 2015
- CMA CGM consolidated net profit of $406 million in first quarter of 2015
- Mundra Port successfully handled Metro rail coaches
- Cochin Port commissioned weighing machine at CFS
- South Korea, India to co-operate in maritime sector
- Shipping Ministry asks for Rs 448 crore to give land for Sewri-Nhava link
- Gammon Infra, MbPT in talks to roll out RORO Operations
- Kandla Port achieves new record on mv Venus History
- HAROPA participates at European BREAKBULK exhibition in Antwerp
- 19 May 2015
- MSC No. 1 in TEU rankings
- Maharashtra Maritime Board & JNPT to form joint venture to develop Wadhwan Port
- JNPT net up 14% at Rs. 312 cr in six months ended March 2015
- HAROPA - Port of Le Havre is PERS certified
- CCG service from Visakhapatnam Port to Jebel Ali & Sohar commences
- Wan Hai posts big jump in Q1 profit
- NYK orders two new LNG carriers for charter to Mitsubishi subsidiary
- Manufacturing sector sees moderate growth in May: SBI-index
- Exporters generate business worth $1.2-billion at Hannover fair
- Maersk Line, MSC and MOL sign vessel sharing agreement on Asia to East Coast of South America
- OOCL Honored with Gold Standing for Environmental Excellence
- Evergreen Line, Cosco, China Shipping launches China-Surabaya service
International Shipping Updates - 18 May 2015
- United Heavy Lift make their maiden call to India
- Dighi Port declared as part of "SMART CITIES" under DMIC Region
- FIEO interactive session with Commerce Secretary
- Countdown for FFFAI Biennial Convention Begins
- Rajsico commences ICD operation at Jaipur
- Drop in iron ore imports affects ports business
- Exports shrink for 5th month in a row; dip 14% in April on weak demand
- Dry bulk Shipping market unlikely to recover until 2017
- Essar Ports Q4 Net Profit Rises 15% to Rs 105 crore
- Cochin Port has big potential to develop offshore bunkering
- APM Terminals Q1 profit of USD 190 million
- Forex reserves cross All-Time High of $352 Billion
- NYK concludes Time-charter Contract for Two New LNG Carriers for Cameron LNG Project
- BPCL gets Environment Ministry nod for expansion project
- 15 May 2015
- Maersk Line Q1 profits up 57% at a record $714 million
- Essar Ports takes over Visakhapatnam Port iron ore handling complex
- Adani Enterprises Consolidated EBIDTA rose 26% to Rs 13,308 crore in Fy15
- Multi Purpose Vessel 'mv Indira Point' sets the perfect example for Make in India
- India signs BWM convention
- JICA drawing up plan for Chennai-Bengaluru corridor: Govt
- Colombo Port container traffic touches five million TEUs in 2014
- India, Tajikistan agree to enhance connectivity to boost trade
- Larsen & Toubro signs LNG Shipbuilding pact with Hyundai Heavy Industries
- India signs MoU with Korea for maritime transport and logistics fields
- 14 May 2015
- Shreyas Shipping and Logistics plans to buy container vessel M.V. OEL BHARAT
- Milaha discusses emerging Maritime trade trends, Port modernization at the 11th Trans Middle East 2015
- Hamburg Sud joins 2nd new Far East-Ocean3 alliance's USEC service
- Maersk completing order of 10 Container Megaships
- CMA CGM Group to run logistics hub serving Cuba's Port of Mariel
- Paraguayan Embassy thanks MOL for Transporting Wheelchairs for Children in Paraguay
- India needs to sign more FTAs to counter mega trade pacts EU, US are planning
- Kandla Port creates Single Day record in cargo handling
- Rail-Cum-Road Connectivity for Sagar Island Deep Sea Port
- GST will make India single largest market globally: S Prabhu
- Kochi Port to emerge as country's best Bunkering service point
- 13 May 2015
- CMA CGM Kerguelen to be christened in Le Havre
- Govt awards Port projects worth Rs 9,376 crore in FY'15
- Maersk Line appoints Robbert Van Trooijen new North Asia CEO
- DSME confirms talks with Maersk for 11 mega-boxships worth $1.7bn
- Narendra Modi's China visit to focus on economic, trade ties
- Railways targets refrigerated transport expansion
- 12 May 2015
- Continental Transport Organisation skillfully transports over-dimensional cargo from Murbad to Mumbai Port
- FIEO conducts interactive session with Commerce Secretary Shri Rajeev Kher on new Foreign Trade Policy
- NYK Group to Aid Victims of Nepal Earthquake
- Maharashtra govt, SIDBI set up Rs. 200-cr fund for MSMEs
- India, Japan to set up Logistics Data Bank to expedite bilateral trade
- HSIIDC offers land to CONCOR for logistics park at Barhi industrial estate
- Commerce Ministry seeks Rs 300 cr to boost export infra
- Evergreen taps into booming economy with new Vietnam, Singapore and Malaysia service
- OOCL to introduce new China East Coast Express 2 service
- Hapag-Lloyd starts new Med service, new rotations of 2 existing loops
- Maritime regulatory summit to discuss global alliances
International Shipping Updates - 11 May 2015
- SCI's vessel SEROJA LIMA makes maiden call at NSICT on ISE service
- Yang Ming receives first 14000 TEU Container vessel
- Kandla Port creates record in cargo handling in single day
- FFFAI to organize 22nd Biennial Convention from May 21-23 in Mumbai
- Adani Ports to set up Vizhinjam seaport, ICTT
- Govt takes steps to encourage investments in Port Sector
- FICCI hails India, Iran pact on development of Chabahar Port
- Centre allows imports through Kattupalli & Gujarat Pipavav Port for import of vehicles
- Container volumes at Major Ports up 3% in April
- Gujarat Pipavav Port to fund expansion via internal accruals
- Govt plans Multi-purpose berths at Major Ports to boost global trade
- India to achieve highest GDP growth over next 8 yrs: Harvard study
- IMF says Asia to lead growth in 2015 despite China slowdown
- India seeks Korean investments to boost manufacturing
- Pepper exporters want foreign trade policy anomaly set right
- Industry sees the cluster model cutting cost of shipbuilding
- Steel imports up 28% at $16.29 bn in FY15: Govt
- Forex reserves cross $350-billion mark
- Exporters asked to make use of incentives, simplified norms
- China April exports unexpectedly contract, imports slide
- 08 May 2015
- Vanguard Logistics Services increases Trade Services from India to Europe
- MANSA urges GTI to implement Container Weighing Process for Export Units
- Incentives given to Export sector is less than 1% of total Exports : FIEO
- CMA CGM's largest vessel, crosses the Suez Canal
- APM Terminals Inland Services, South Asia celebrates Global Safety Day 2015
- Parliament passes Central Warehousing Corporation bill
- India, Iran sign pact on developing Chabahar Port
- Govt gives shape to five Industrial Corridors
- Textile exports rise just 1.7% up to Feb, way short of 15% target
- Lok Sabha passes GST bill Lok Sabha passes GST bill
- Mango exports may fall 30% on untimely rain
- Port of Antwerp invests in the future
- CCEA approves changes in mega food park scheme
- Railway Union announces indefinite strike on 23 Nov
- Paradip Port achieves record in coal loading
- China to gain from FTA with India: Assocham
- 07 May 2015
- DP World UAE region wins Outstanding Achievement Award at SCATA 2015
- Saudi firm looks to invest 3.7 billion euros in Port of Antwerp
- Logistics Firms rally on GST Buzz
- Customs revenue stagnant at 1.6% of GDP in last 5 years
- Sagarmala project turns to be ambitious for Kochi Port
- Exporters need to focus on non-trade barriers to boost business: Commerce Ministry official
- Commerce Ministry asked to correct trend of falling EOU numbers
- US trade deficit jumps to 6-year high of $51.4 billion
- Cashew Exporters urged Commerce Ministry to review MEIS scheme rates
- Infrastructure issues haunt mango exports
- Export orders down 35 %
- Govt's investment push for infrastucture projects starts taking shape
- Government to cut export tax on low-grade iron ore to 10%
- 06 May 2015
- CMA CGM's NEMO service to call Kattupalli Port on May 16
- India to sign Port deal with Iran
- Bahri inks MOU to buy two Tankers
- JBS Academy organizes 3rd Convocation ceremony
- MANSA concludes 14th Champions trophy cricket tournament
- Railways to have regulatory body
- RBI's move to bring medium enterprises & exports under PSL : FIEO
- DGFT proposes regular interaction with Customs Dept
- Sops for textiles in new FTP raise US hackles at WTO
- Adani Group, GSPC mull over equity options to finance Mundra terminal
- Shipping Ministry to sign pact with IIFCL for projects at 12 Major Ports on PPP model
- Visakhapatnam Port seeks funds for railway network
- Kandla Port Trust to grant priority berthing to steel cargo ships
- Cabinet okays draft of deal on Coastal Shipping with India
- Make in India initiative will open up many opportunities in shipping sector
- India for deeper engagement of ADB for smart cities, railways
- 05 May 2015
- OSL Shipping Agencies celebrates 18 Successful years
- CMA CGM Group acquires strategic stake in LCL Logistix via its subsidiary CMA CGM LOG
- Tuscan Ventures successfully exits LCL Logistix to CMA CGM Group
- MOL's intra-Asia services outperform North South trades for timely arrivals
- PSA starts up new terminal in Dammam
- MSC to add new direct service to transatlantic network
- Ocean 3 plans new Far East-US East Coast loop via Panama
- Antwerp, the most important European Port for Turkey
International Shipping Updates - 04 May 2015
- JBS Academy organizes 3rd Convocation ceremony
- Adani Ports consolidated PAT up 33% to Rs.2,314 crore in FY 2015
- CMA CGM Group acquires strategic stake in LCL Logistix via its subsidiary CMA CGM LOG
- Tuscan Ventures successfully exits LCL Logistix to CMA CGM Group
- Gateway Distriparks consolidated net profit up 21.1 % to Rs 48.8 crore for Q4FY 2015
- Gopinath Pillai steps down as Gateway Distriparks Chairman
- Govt to table Inland Waterways Bill in Parliament on May 5 : Nitin Gadkari
- India, Japan sign action plan to double investments in 5-years
- Govt on course to meet 2020 export target
- Maharashtra Govt mulls legislation to block profiteering from SEZ land sale
- Kakinada SEZ to get second port in East Godavari: Chandrababu Naidu
- Forex reserves touch record high at $344.6 billion
- Govt formulated new central sector scheme to all Major Ports