NEW DELHI : Trade is the building block of society and the lifeblood of civilizations. Trade played a profound role in influencing history and shaping societies which goes far beyond just economic benefits. The
NEW DELHI : The Supreme Court on Monday declined to hear a challenge by micro, small and medium enterprises (MSMEs) against Section 43B(h) of the Income Tax Act rule that restricts them from extending
KOCHI : The Indian Coast Guard (ICG) detained an Iranian fishing vessel, with six Indian crew, west of Beypore off the coast of Kerala late on May 05, 2024. The swift sea-air coordinated operation
MARSEILLE : CMA CGM announced the revamping of its India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1: Coega will be added to the rotation offering
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and
KOZHIKODE : Ties between Beypore Port and Lakshadweep appear to be eroding as the island government has resumed passenger ship services to Mangaluru. Citing inadequate infrastructural facilities at Beypore port, the Lakshadweep government has
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou. The ‘Green Water 01’ and its
SHANGHAI : With the BRICS Alliance further pursuing its de-dollarization efforts, a major crash for the US economy has begun, according to one expert. Indeed, Robert Kiyosaki, the author of the widely acclaimed book Rich
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data
CAPE TOWN : South African Nouum Engineering, a leading provider of diesel engine services for marine, power, locomotive and generators globally and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard have signed a
