LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains on last Thursday to hit an over two month peak, supported by rising rates across all vessel segments. The overall index, which
TYNE : NorthStandard confirms S&P ‘A’ rating after strong first set of post-merger results. NorthStandard has followed up strong renewal results after the first year of operating as a merged entity by announcing an
LONDON : Supply/demand balance For crude tankers, we forecast that the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing distances, create the foundation for the
BEGUSARAI : The Prime Minister, Shri Narendra Modi dedicated to the nation and laid the foundation stone for multiple oil and gas sector projects worth about Rs 1.48 lakh crore across the country, and
NEW DELHI : Shri Sarbananda Sonowal, Union Minister of MoPSW & AYUSH inaugurated the 60 th bollard pull tug named ‘Ocean Grace’ and the Medical Mobile Unit (MMU), virtually on 2nd March, 2024. The
ABU DHABI : Despite five days of hard bargaining here, World Trade Organization negotiators failed to break the deadlock on major reforms. There was no breakthrough on agriculture, fisheries and other key topics. However,
NEW DELHI : Union Minister of Road Transport & Highways Shri Nitin Gadkari on Friday laid the foundation stone of 10 National Highway projects in Jaunpur, Uttar Pradesh. These projects, valued at Rs 10,000
NEW DELHI : Railway Minister Shri Ashwini Vaishnaw has said that India will be manufacturing at least 1,000 new-generation Amrit Bharat trains in the following years. He highlighted ongoing efforts to develop trains capable
VISAKHAPATNAM : Shri T. Venu Gopal, Secretary, Visakhapatnam Port Authority informed that the Port handled the highest ever record cargo of 73.78 Million Metric Tonnes well ahead of the financial year 2023-24 at 06.00
KOCHI : Cochin Shipyard Ltd (CSL) was in the national limelight recently when Prime Minister Shri Narendra Modi inaugurated ₹4,000-crore worth infrastructure projects in Kochi. He expressed confidence that the port city in Kerala