Finance

Cochin Port

Cochin Shipyard to invest Rs 50 cr in Maritime sector, announces Union Minister Sarbananda Sonowal

portnews - May 3, 2022

The ministry of waterways announced on Sunday that Cochin Shipyard Limited (CSL) has committed to an initial amount of Rs 50 crore in start-ups...

Finance

MARAD Increases Funding 50 Percent for Marine Highway Program

portnews - May 2, 2022

In the continuing effort to increase investment into the U.S.’s maritime infrastructure, MARAD announced a better than 50 percent increase in funding for the...

Finance

Largest Philippine Bank to Sell Bonds Against Ocean Pollution

portnews - May 1, 2022

BDO Unibank Inc., the Philippines’ largest bank by assets, will sell bonds to help fight marine pollution and preserve clean water resources. The World Bank...

Finance

ECB’s Holzmann expects first rate hike by autumn, maybe second in Dec

portnews - May 1, 2022

European Central Bank policymaker and hawk Robert Holzmann expects an initial interest rate increase this summer or autumn and for rates to rise gradually...

ShipIn Systems secures funding for AI-powered fleet management tool

portnews - May 1, 2022

ShipIn Systems has secured an investment from Munich Re Ventures, a provider of reinsurance, primary insurance, and insurance-related risk solutions to help the company...

Finance

Desperate Sri Lanka makes dollar plea to shipping lines

portnews - May 1, 2022

Sri Lanka’s worst financial crisis since independence in 1948 is seeing the authorities do everything possible to get US dollars into the island. From so...

Finance

Seychelles Set to Award $107M Contract for Port Victoria’s Expansion

portnews - May 1, 2022

The island nation of Seychelles is finally set to embark on a project to expand the port of Victoria in order to transform the...

Finance

Understanding the Return on Investment of Future Port Sustainability

portnews - April 30, 2022

With the transportation industry’s historically thin margins, especially coming out of the supply chain crunch caused by COVID-19, port operators must focus on profitability....

Finance

Dollar pulls back, still set for best month since 2015

portnews - April 30, 2022

The dollar edged down from its recent 20-year high on Friday but was still on track for its best month since 2015, having been...

China

China’s transport investment posts robust growth in Q1

portnews - April 29, 2022

China's transport sector notched an increase in fixed-asset investment in the first quarter of the year (Q1), the Ministry of Transport said Tuesday. In the...

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