Logistics sector’s expectations from Finance Minister in the Budget 2023-24
NEW DELHI : During the pandemic, logistics firms played an integral part of the value chain, both within and across international borders—whether delivering essential goods or supporting SME or MSMEs as they adapt their
J M Baxi Heavy moved 5,320-Tonne Jacket for Offshore Installation
MUMBAI : India-based breakbulk specialist J M Baxi Heavy was recently called into action to move a hulking, 5,320-tonne steel jacket destined for an offshore oil and gas installation off the coast of Mumbai.
Indian Register of Shipping Review of 2022 and Outlook for 2023 – going from strength to strength
MUMBAI : 2022 has been another significant and positive year for Indian Register of Shipping (IRS) as the organisation goes from strength to strength. IRS has once again achieved strong and sustained business growth
Adani Group completes purchase of Israel’s Haifa Port
AHMEDABAD : A consortium led by India’s Adani Group has completed the purchase of Haifa Port in northern Israel for 4 billion shekels ($1.15 billion), Israel’s Finance Ministry said. The sale of one Israel’s
India-made Covid medicines have big demand in China
NEW DELHI : It has been reported that India-made versions of anti-viral drugs Molnupiravir and the combination of Nirmatrelvir and Ritonavir, known as–the drug found to be most effective against Covid 19, from the
India to discontinue import of crude soybean oil from April 2023 : DGFT
NEW DELHI : Indian Government has decided to discontinue import of crude soybean oil under tariff rate quota (TRQ) from April 1 this year, an official said on Wednesday. TRQ is a quota for a volume
MSC announces new Service to connect India with West Mediterranean
GENEVA : MSC has announced the addition of a new India – West Med shipping service from mid-December, which is expected to open a new trade corridor between Indian Subcontinent and Western Mediterranean. The
A.P. Moller – Maersk announces new executive leadership team
Changes to the organisation and the executive leadership of A.P. Moller – Maersk COPENHAGEN : A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new executive leadership team. The changes are