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Vizhinjam International Seaport Crosses 2 Million TEUs In 18 Months, Fastest For Any Indian Port
The achievement reinforces Vizhinjam's emergence as a globally competitive deep-water transshipment hub and reflects rising confidence among leading global shipping lines in the port's infrastructure, efficiency and strategic location.
3P Land Holdings Ltd leads losers in 'B' group
Atlantaa Ltd, Escorp Asset Management Ltd, Mahalaxmi Rubtech Ltd and Transworld Shipping Lines Ltd are among the other losers in the BSE's 'B' group today, 20 May 2026.
Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logistics
Japan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL aims to strengthen inland logistics services. This expansion will support its leadership in shipping automobiles from India. The company sees India as a priority region for growth.
DG Shipping orders ports to pass export concessions upfront, flags war-risk charges
India's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass on waivers directly, not through reimbursements. Shipping lines must also transparently reflect war-risk insurance premium revisions in freight charges. This move aims to protect exporter interests and maintain operational continuity during the ongoing crisis.
Shipping lines cite higher costs beyond their control for surcharges
Shipping lines state freight rates are already at a multi-year low. Port operators express concern over proposals for extended free storage of stranded containers. The government is holding consultations to address maritime trade issues. Shipping lines face allegations of predatory pricing amidst disruptions in West Asia.
Government Warns Shipping Lines Against 'Predatory Pricing' After Exporter Complaints
Exporters have complained about sharp increases in surcharges and logistics fees, often introduced without adequate disclosure, which significantly raises the overall cost of shipments.
India waives port procedures for cargo forced to turn back due to Strait of Hormuz crisis
India has eased import rules for export shipments returning home. This relief is for 15 days. Vessels can unload cargo at Indian ports without usual procedures. This measure helps traders and shipping lines facing disruptions. Customs will verify details and cancel export incentives for these returned goods. The move aims to support businesses affected by maritime route issues.
Vikram Solar Ltd leads losers in 'B' group
NDL Ventures Ltd, Transworld Shipping Lines Ltd, Creative Eye Ltd and Shyam Telecom Ltd are among the other losers in the BSE's 'B' group today, 20 February 2026.