Engineering exports to Russia rise 140% to $1 billion
NEW DELHI : Due to the payment system in Rupees, the export of engineering goods from India to Russia is increasing. According to available data, in the April-November
Basmati prices have fallen as a restive Red Sea hurts exports
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market,
Paper industry to continue to prosper as the country grows economically: Piyush Goyal
NEW DELHI : Union Minister of Commerce & Industry Shri Piyush Goyal said that the paper industry will continue to prosper as the country grows economically. While addressing the
CMA CGM close to top spot in intra- Mediterranean market
MARSEILLE : CMA CGM is about to surpass Mediterranean Shipping Company (MSC) as the largest intra-Mediterranean operator, according to Alphaliner. The French carrier has increased the number of
Mines ministry identifies offshore blocks in economic zone for exploration
NEW DELHI : The mines ministry on Thursday said it has identified some offshore blocks for granting operational rights and has sought inputs from the departments concerned to
Hambantota Port receives over 6,000 tourists in 2 months
COLOMBO : Sri Lanka’s Hambantota International Port (HIP) said on Thursday that it received over 6,000 tourists in November and December this year. They were passengers arriving on
H-Line Shipping receives 210,000 dwt LNG dual-fuel bulk carrier
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier, HL Hope, to H-Line Shipping. The HL
Port Houston handles nearly 3.5 million TEUs in November
TEXAS : Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year. While loaded export
ClassNK releases amendments to class rules
TOKYO : ClassNK has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships dated 22 December 2023. ClassNK is constantly revising its
PM Modi discusses maritime security with Saudi Arabia’s Prince Mohammed bin Salman
NEW DELHI : Prime Minister Shri Narendra Modi discussed the West Asia situation in a phone conversation with Saudi Crown Prince and PM Mohammed bin Salman bin Abdulaziz Al Saud while reviewing progress in
