MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This
NEW DELHI : Two Indian Naval ships Delhi and Shakti under the command of R Adm Rajesh Dhankhar, Flag Officer Commanding Eastern Fleet arrived at Kota Kinabalu, Malaysia as part of the Indian Navy’s Operational Deployment.
LONDON : In the action plan from its annual seminar, the International Seafarers’ Welfare and Assistance Network (ISWAN) stresses the importance of listening directly to seafarers if the maritime sector is to develop effective solutions
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The
WASHINGTON D.C. : The United States is all set to impose a 100% tariff on Electric Vehicles(EV) imported from China, according to a report from the Financial Times. The fresh measures, if taken, will
SHANGHAI : CU Lines has announced an upgrade to its VGX Service, connecting Southeast Asia with major Middle East hubs like Jebel Ali and Dammam. This initiative reflects the company’s commitment to enhancing global
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 392nd Board Meeting on 10th May to approve its Q1 financial report of 2024. The consolidated revenues in Q1 totaled NT$ 43.8
COPENHAGEN : Maersk, the world’s second-largest shipping company, has reportedly postponed an order for 15 methanol-powered container ships from a Chinese shipbuilder. The delay is reportedly due to Maersk’s objections to design drawings submitted
COPENHAGEN : The Global Maritime Forum has revealed the immense economic potential presented by the decarbonisation of shipping. New analysis, commissioned by the Global Maritime Forum and conducted by Arup, projects that the maritime
LONDON : The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in capesize vessel segment. The overall index,
