Ports & Terminals : Investor sentiment down
LONDON : Sticky inflation and elevated interest rates had a detrimental impact on investor sentiment. In 3Q23, the S&P Index declined 3.6%, mirroring the broader concerns in the
DNV awards AiP for Hanwha Ocean’s new 270K LNG carrier design
NORWAY : Classification society DNV presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier. The design maximizes cargo capacity while optimizing vessel
Rotterdam and Oslo Cities signs MoU for New Green Corridor
ROTTERDAM : A Memorandum of Understanding (MoU) has been signed by the City of Rotterdam and the City of Oslo to create a new Green Corridor for short
AkzoNobel and Silverstream Technologies release white paper to help ship owners cut fuel consumption
LONDON : Ship operators can reduce their fuel use and emissions output by using Silverstream Technologies’ air lubrication system (ALS) with AkzoNobel’s fouling control coatings, a new white
Blue economy playing big role in driving India’s growth story : Sonowal
NEW DELHI : Union Minister of Ports, Shipping, and Waterways and AYUSH, Shri Sarbananda Sonowal, said the upcoming Global Maritime India Summit in Mumbai offers investment opportunities exceeding
Vibrant Gujarat -Vibrant Kutch Celebration Summit
GANDHIDHAM : After inaugurating the two-day Vibrant Gujarat-Vibrant Kutch Celebration Summit at Dr. Babasaheb Ambedkar Convention Centre, on 10.10.2023, the Hon’ble Minister Shri Jagdishbhai Vishwakarma alongwith Shri Praful
CONCOR gains on 26.13% growth in Q2 domestic volumes
NEW DELHI : The Container Corporation of India (CONCOR) announced a 26.13 percent year-on-year growth in domestic volumes in the September quarter current financial year. According to a regulatory filing,
Israel-Palestine war spells woes for Indian exports
NEW DELHI : Analysts have anticipated increased shipping costs accompanied with higher insurance premiums in wake of the growing Israel -Palestine conflicts. Amidst the recent attacks, trade volumes
IMF raises India’s Growth forecast to 6.3% for FY24
NEW DELHI / LONDON : The International Monetary Fund has raised India’s growth forecast on higher consumption even as the global economy is estimated to slow down. The
With 8% growth, India’s contribution to global GDP would almost be on par with China by 2028 :
NEW DELHI : In order for India to become the biggest driver for global growth, even overtaking China, it would need to target an 8 percent growth, according