Port Current Affairs, GK & News
A direct port entry facility was launched at the V O Chidambarnar port in Tuticorin by Union minister of state for shipping and minister of state for Chemicals and Fertilizers Mansukh Mandaviya. Highlights The modern Direct Port Entry would allow direct movement of containers from mills to the container terminal round the clock, without in-between ..
Category: Economy & Banking Current Affairs
The Minister of State for Shipping, Mansukh Mandaviya recently launched the first direct Cargo Ferry service to Maldives. The service will help boost the business and trade relations between the countries. The launch of the service will also help to boost Neighbourhood First Policy. Highlights The service will connect Tuticorin and Cochin ports of Indi ..
Category: International Current Affairs
The Department of Revenue under the Ministry of Finance is conducting India’s first national Time Release Study (TRS) between 1st – 7th August to enable faster movement of cargo across borders to benefit traders. The exercise will be institutionalized on an annual basis, during the same period every year hereafter. The TRS is an internationally ..
Under the flagship Sagarmala Programme, the Union Ministry of Shipping has recently signed a Memorandum of Agreement (MoA) with IIT Kharagpur for setting up the Centre for Inland and Coastal Maritime Technology (CICMT) at IIT Kharagpur. The first-of-its-kind Centre will focus on ship design for coastal/inland waterways, shipbuilding technology and structural design, transport systems & ..
The United States Navy has signed an agreement with Oman to use the southern Omani ports which will allow American ships and warplanes to take advantage of his ports and airports. This deal is aimed at bolstering Omani-American military relations. The deal will benefit the facilities offered at some of the Sultanate’s ports and airports ..