Chennai Port Hits Record 1.66 Million TEUs and 50 Million Tonnes Cargo Milestones

Chennai Port has reached a significant milestone by handling a record-breaking 1.66 million TEUs by February 28, surpassing its previous record. This achievement was accomplished a month ahead of schedule, demonstrating the port’s efficiency. The collaborative efforts of stakeholders have contributed to this success, showcasing the port’s commitment to excellence.

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Cargo Care Solutions Celebrates 40 Years of Maritime Excellence and Innovation

Cargo Care Solutions, a prominent maritime supplier, is celebrating its 40th anniversary with pride. Originally known as Macor Marine Systems, the company has evolved into a global leader in cargo access equipment and container lashing systems. With a focus on innovation and service, Cargo Care Solutions continues to thrive under the leadership of CEO Peter Peltenburg.

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Germany Investigates Moselle River Accident Involving Autopilot Cargo Ship

German prosecutors are investigating an accident on the Moselle that paralyzed river traffic, involving an inland cargo ship on autopilot. The ship crashed into lock gates, causing significant damage. The captain was not present during the incident. Despite repairs, the lock was reopened in just 55 days. Authorities are looking into the cause of the accident.

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Roadway cargo traffic to begin at Vizhinjam port in January

Vizhinjam Port Achieves Milestone with 300,000 TEUs Handled in Six Months

Kerala Ports Minister V N Vasavan recently announced that the Vizhinjam transshipment port has handled three lakh TEUs of cargo in a successful six-month trial period. With a cost of Rs 8,867 crore, the port has welcomed 150 ships and managed 85,000 TEUs in January alone, solidifying its position as a key trade gateway for India.

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Container carriers see no respite from rate declines on Indian trades

Container Trade Growth Prospects and Challenges for India and Global Markets

In 2025, container growth dynamics are set to continue, but challenges loom with India’s international relations. Despite potential hindrances, trade growth is expected, especially in Europe and the USA. MSC plans to expand services in response to increased trade, utilizing Vizhinjam as an anchor. However, port congestion and infrastructure improvements remain critical issues.

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EPS Ventures and Nysnø Invest in Zinus to Boost Sustainable Maritime Technologies

Singapore-based EPS Ventures and Nysnø Climate Investments have jointly invested NOK 50 million in Zinus, a leading innovator in maritime charging and shore power solutions. The investment will accelerate growth and innovation in sustainable maritime technologies, according to Zinus CEO Endre Eidsvik. EPS Ventures and Nysnø will become shareholders in Zinus.

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Odisha hires a Singaporean company to set up ports in Inchuri and Bahuda

Odisha Plans New Seaports to Boost Marine Infrastructure

The Odisha state government is set to enhance its marine infrastructure with the construction of two new seaports, in collaboration with PSA Singapore. These new ports, along with shipyards, aim to attract industries to Gopalpur and Dhamra areas. Investments in steel plants and shipyards near the ports signify the state’s commitment to industrial growth.

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The Center is spending Rs 1,010 crore on the Barak River and Brahmaputra projects

India to Develop Assam’s Brahmaputra and Barak Rivers for Tourism

The Government of India is investing Rs 1,010 crore in developing Brahmaputra and Barak rivers in Assam, focusing on infrastructure for inland waterways, tourism, and transportation. Projects include slipway construction, terminals, and a religious tourism circuit, aiming to enhance connectivity and economic growth. Maintenance dredging and operational measures will ensure safe navigation for vessels.

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