Slashing of steel export rebate by China augurs well for India
China’s withdrawal of export rebates of 13 per cent on 146 steel products and scrapping import duty cut on crude steel, pig iron and scrap augurs well for Indian steel companies. The withdrawal of
Newbuild over-investment could shorten container shipping’s bull run
A huge surge in containership newbuild orders could act to shorten the current market boom for the sector, analyst Drewry warns. LONDON : Container shipping is enjoying a boom brought about by soaring demand
Jindal Drilling awarded jackup contract with ONGC
MUMBAI : Indian offshore drilling player Jindal Drilling & Industries has received a letter of award from Oil and Natural Gas Corporation (ONGC) for the charter hire of its 2014-built jackup Jindal Explorer. According to
Mundra becomes India’s leading container port, boosting Adani’s results
MUMBAI : Adani Ports and Special Economic Zone (APSEZ) consolidated its presence in the Indian container port market during the 2021 fiscal year, raising its market share to 41% as its flagship hub in
EXG executed a typical operation of overnight clearance of Cryogenic Oxygen Tanks for India’s fight against COVID-19
MUMBAI : The global Covid – 19 pandemic has overthrown people around the World to a new socisl and economic crisis. This highlights the need for urgent action to protect the population. Express Global
India’s ports work to keep supply chain running amidst major outbreak
MUMBAI : Indian ports are making every effort to keep the country’s supply chain intact in the face of rising COVID-19 cases, and both private and public sector terminal operators are contributing to the
Express Global Logistics fights against Covid-19 in India
MUMBAI : The global Covid-19 pandemic has overthrown people around the world to a new social and economic crisis. This highlights the need for urgent action to protect the population. Express Global Logistics (EXG),
Second COVID wave wreaks havoc, 2 lakh MSMEs on the verge of collapse in Maha
MUMBAI : It’s been a year of shutdowns, pay cuts, layoffs and mounting debt for over 47 lakh MSMEs in Maharashtra, thanks to the COVID-19 pandemic and stringent lockdowns. Even as the road to