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DP World's marine services business acquires container vessel to boost coastal shipping capabilities
DP World's Shipping Solutions acquired the container vessel DP World Indus. This acquisition strengthens its coastal shipping capabilities within the domestic Indian market. The vessel supports cargo movement, reducing road network pressure and promoting sustainable supply chains. DP World's network now spans fourteen ports with a dedicated fleet of ten vessels. This investment aligns with DP World's strategy to enhance India's logistics and maritime infrastructure.
CDSCO asks states, port offices to step up screening to curb imports of illegal drugs
India's drug regulator is intensifying border screenings to block unapproved medicines from entering the country. Authorities are cracking down on illegal import channels and boosting surveillance in vulnerable areas like coastal regions and logistics hubs. State drug controllers are urged to gather intelligence and work with law enforcement to seize and prosecute those involved in the unauthorized trade of medicines, safeguarding public health.
Somanna flags off Madgaon-Karwar express boosting connecting between Karnataka & Goa
A new train service, the Madgaon–Karwar Express, has been launched. Union Minister V Somanna flagged off the service from Madgaon Railway Station. This initiative enhances rail connectivity between Goa and Karnataka's coastal regions. The service aims to offer convenient travel for commuters, students, tourists, and business travelers. It is expected to boost tourism, trade, and socio-economic development in the area.
TCI plans to buy ships to expand high-margin coastal seaway business
The Gurugram-based logistics and supply chain management company has planned a capex of ₹550-600 crore in FY27. Of this, ₹200-250 crore will go towards making final payments for acquiring two new ships from China.
JSW Steel begins work on ₹65,000 crore Paradeep Steel Plant in Odisha
The coastal steel plant at Paradeep will be developed in phases and is expected to boost Odisha’s role as a major steel manufacturing hub.