With the inauguration of its Phase 2 expansion, PSA Mumbai is poised to become India’s largest container terminal, doubling its annual handling capacity to 4.8 million TEUs.Designed to accommodate multiple mega container vessels alongside with 2…
The Government of Andhra Pradesh in India has signed a Memorandum of Understanding (MoU) with APM Terminals, part of the A.P. Moller – Maersk Group, to accelerate port and terminal development in the state.Andhra Pradesh is positioning itself as a logistics hub on India’s east coast…
About 55% of India's merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump's administration, the Indian government said on Monday.Last week, Trump imposed an additional 25% tariff on Indian goods as punishment for Delhi's purchases of Russian oil…
U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil.The additional tariffs mean India will face the highest levy along with Brazil…
At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said, and LSEG trade flows showed.The U.S. Treasury Department this week imposed sanctions on more than 115 Iran-linked individuals…
An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday.Two tankers…
IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability, but the trend may reverse if Europe's proposed lower price cap comes to fruition…
The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…
A group of Indian port workers' unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members.A strike by India's port workers could exacerbate the existing congestion issues at Asian and European ports…
China and India lifted imports of seaborne thermal coal to three-month highs in March as the world's two biggest buyers took advantage of lower international prices of the fuel to meet strong domestic power demand.China, the world's biggest coal producer and importer…
Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…