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The meeting was also attended by the officers of the ministry of shipping and chairpersons of all major ports

Ports raise issues to minister on operation cost, stuck-up cargo and lack of drivers

6 April 2020 1:38 PM IST

In a video conference with Mansukh Mandaviya, minister of shipping, on April 3, stakeholders of seaports including port users, courier and cargo...

Container segment of Indian coastal shipping to bear the brunt of Covid-19: ICRA

1 April 2020 8:21 PM IST

April 1, 2020: According to the credit rating agency, ICRA, the coastal shipping segment of the country, which had witnessed healthy growth in the...

Revenue decreased to $38.9 billion in 2019 from $39.3 billion. Free cash flow was $ 6.8bn, compared to $ 5.1bn last year and CAPEX declined by $ 1.2bn to $ 2bn in 2019.

A.P. Moller - Maersk registers 14% EBITDA increase to $5.7 billion in 2019

20 Feb 2020 4:39 PM IST

February 20, 2020: Despite weaker market conditions and global container growth of only 1.4 percent, A.P. Moller – Maersk's Annual Report 2019 shows...

The shutdown of industries in China is negative for the Indian Exim cargo movement as India has significant trade linkages with China by way of import and export of raw materials and finished goods.

Read how novel coronavirus will affect Indian shipping and ports negatively

20 Feb 2020 3:34 PM IST

February 20, 2020: The credit rating agency, ICRA (formerly Investment Information and Credit Rating Agency of India) said on Wednesday in a release...

The ports will have a corporate style management structure and will be free to fix port charges.

All 12 state-owned major seaports to become autonomous under new port bill

13 Feb 2020 1:39 PM IST

February 13, 2020: Mansukh Mandaviya, minster for shipping, informed on Wednesday that the cabinet chaired by Prime Minister Narendra Modi approved...