KOCHI : India’s leading shipyard, Cochin Shipyard Ltd, on Monday said it has secured another prestigious international order from North Star Shipping, a top UK-based offshore renewable operator, for the construction of a hybrid
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies
THIRUVANANTHPURAM : The state government has initiated the second and third phases of development for the Vizhinjam International Seaport. Before commencing construction, a public hearing for environmental clearance is scheduled for June 29 in
NEW DELHI : Lack of adequate infrastructure for evacuation and transportation of coal has been a perennial cause for the fuel shortages at thermal power plants during peak summer periods. Indian Railways could not
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade
NEW DELHI : The two-wheelers export is witnessing a year-on-year upward in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported
SINGAPORE : X-Press Feeders, the world’s largest independent common carrier, along with the Maritime and Port Authority of Singapore and PSA Singapore achieved a historic milestone towards sustainable shipping with the arrival in Singapore
HAMBURG : German shipping heavyweight Hapag-Lloyd has held a christening ceremony for its new liquefied natural gas (LNG) dual-fuel 23,600 TEU containership ‘Damietta Express‘. As informed, the ceremony took place at Hanwha Ocean’s shipyard
TAIWAN : Yang Ming Marine Transport’s management said at the company’s shareholders’ meetingthat the company anticipates 2024 to become a rare fifth straight profitable year. In 1Q 2024, Yang Ming’s net profit tripled to
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics and industry, launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with
