The funds will be used for 10 separate projects across five ports, including cargo route optimization, emission reductions, and trucking appointment systems.
Vizhinjam is expected to facilitate transshipment traffic into India as well as on the major routes connecting it to the U.S., Europe Africa and East Asia.
Storms near the African coastline are playing havoc with the key route that vessels have been using to avoid attacks by Houthi militants in the Red Sea.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.