India-Middle East-Europe economic corridor to boost maritime security, Says Piyush Goyal
The Middle East, Europe, and India are expected to be better-connected thanks to the groundbreaking India-Middle East-Europe Economic Corridor (IMEEC)
port infrastructure
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Capacity constraints and soaring freight rates challenge global shippers
The shortage of available shipping capacity has caused a sharp increase in freight rates, with costs reaching unprecedented levels in key trade lanes.
Singapore named world’s top maritime centre for 11th consecutive year
The accolade, awarded by the Baltic Exchange and Xinhua News Agency, is based on the International Shipping Centre Development Index (ISCD), which assesses the performance of key maritime cities across various criteria.
Ports Ministry receives $33 Billion proposals from Andhra Pradesh to boost port infrastructure
The Andhra Pradesh government has emphasized that the proposed infrastructure improvements will enhance the state’s competitiveness in global trade, attract foreign investment, and generate thousands of jobs.