Maritime

Iran’s Ports and Maritime Organization (PMO) says cargo handling capacity at ports south and north of the country rose by nearly 40% in seven years to reach a total of 250 million metric tons in the year to late March. PMO figures covered in a Sunday report by the official IRNA news agency showed that Iran’s ports capacity would reach 280 million tons per year with the completion of a handful projects this year. The report said total port handling capacity in Iran was around 180 million tons in the summer of 2013 when the…

The Covid-19 pandemic and sluggish overseas markets have hit the resurgent seafood sector in Odisha with exports dipping by around 10 per cent in the last fiscal. The Covid-19 pandemic and sluggish overseas markets have hit the resurgent seafood sector in Odisha with exports dipping by around 10 per cent (pc) in the last fiscal. Production has also dropped significantly since the beginning of the coronavirus outbreak in March last year. According to the data shared by the Marine Products Export Development Authority (MPEDA), 60,718 tonne of marine products worth Rs 3,107.68 crore ($422.46 million)…

President of Sri Lanka Gotabaya Rajapaksa invited investors from around the world to make use of the strengths and opportunities provided by the Port City Colombo, the country’s first service-oriented Special Economic Zone (SEZ). President of Sri Lanka Gotabaya Rajapaksa on Monday invited investors from around the world to make use of the strengths and opportunities provided by the Port City Colombo, the country’s first service-oriented Special Economic Zone (SEZ). Speaking at the Sri Lanka Investment Forum (SLIF) 2021, President Rajapaksa said, “We encourage business leaders from all nations to make full use of the…