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Minister assigns top priority to critical projects of the Northeast by Jan, 2024

Sarbananda Sonowal chaired a meeting of the Ministry of Ports, Shipping & Waterways (MoPSW) and Ministry of Ayush (MoA) to review the ongoing projects of both the ministries in the Northeast region.Read more

Automation enhancing the efficiency for Jassper Shipping

Automating shipping processes is crucial in today's logistics landscape, with technology playing a pivotal role. By integrating and processing data from various sources, real-time demand forecasting and efficient inventory management can be achieved.Read more

India introduces new import authorisation system for Laptops and Tablets

The new "import management system" will be implemented from November 1. Companies are required to register the quantity and value of imports, but the government will not deny any import requests.Read more

Mazagon Dock Shipbuilders shows strong Q1FY24 results

Mazagon Dock Shipbuilders Limited announced through an exchange filing that it had entered into a letter of intent with a European client for the construction of 6 firm and 4 optional units of 7500 DWT Multi-Purpose Hybrid Power Vessels.Read more

MSME’s vital role under spotlight at inaugural of Shipping & Logistics Conference

Mercy Epao, the Joint Secretary (SME) of MSME emphasised the significance of MSMEs, with over 6.35 crore enterprises in India, primarily constituting micro enterprises, which account for over 95% of the sector.Read more

ABB India secures contact from Netherlands-based logistics company Samskip

ABB to implement an advanced power distribution system for two groundbreaking short-sea container ships.Read more

India to offer $2.2 bn incentives for manufacturing growth in six sectors

This initiative forms part of India's 1.97-trillion-rupee production-linked incentive scheme (PLI), which was inaugurated in 2020. Among the six sectors poised to join the PLI scheme are toys, bicycles, leather, and footwearRead more

NGEL, Chidambaranar Port signs MoU to develop green hydrogen hub

The MoU was signed by V V Sivakumar, GM (NGEL) and V Suresh Babu, CME (VOCPA) in the presence of Bimal Kumar Jha, Dy Chairman and Chairman (I/c) (VOCPA) and other senior officials.Read more

Maritronics India dives into defence equipment manufacturing

To strengthen its manufacturing capabilities, the company has signed an initial pact with Goa Shipyard Ltd (GSL) to jointly develop and market navigation, communication, and automation equipment for marine vessels for the domestic defence market.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

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