MSC Antonia loses 46 containers overboard in South African storms
GENEVA : The MSC Antonia is the latest vessel to lose containers overboard in winter storms off South Africa due to Cape of Good Hope diversions. The South
Containers of MV ITT Puma, a sunken ship washed ashore off Odisha beach
KENDRAPARA : Two containers of a sunken ship packed with household goods were washed ashore off Satabhaya beach within Gahirmatha marine sanctuary under Rajnagar block of Odiaha’s Kendrapara
World Bank follows IMF. Revises India’s FY25 GDP growth forecast to 7%
NEW DELHI : The World Bank has raised its growth forecast for India’s economy to 7 per cent for the current financial year (FY25), up from an earlier projection of
AD Ports’ Noatum Logistics launches new rail service in Middle East
ABU DHABI : Noatum Logistics, part of the AD Ports Group and a major global logistics provider, has unveiled a new rail logistics solution tailored for the Middle
Joint shipbuilding projects at Indian shipyards to be explored at this week’s EEF
NEW DELHI : Russia is working to include Vietnam, Thailand and Indonesia as intermediate stops of the Eastern Maritime Corridor connecting Vladivostok with Chennai as part of efforts
India’s reliance on Chinese imports for MSME goods declining
NEW DELHI : India’s reliance on imports of MSME goods such as articles of leather, toys, and musical instruments from China is declining steadily, reflecting the country’s efforts
Adani Ports’ records 5% increase in cargo volumes according to August data
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) clocked 36.1 million metric tons (MMT) of cargo volume in August 2024, registering a growth of 5% YoY. The
CONCOR to start coastal shipping in India again
NEW DELHI : Container Corporation of India Limited (Concor) is poised to resume coastal cargo transport as part of its multi-modal logistics strategy, according to a report . The
IRS and National Centre for Polar and Ocean Research ink agreement for Advanced Ocean Research Vesse
NEW DELHI : In a significant stride towards bolstering maritime research, Indian Register of Shipping (IRS) has formalized an agreement with the National Centre for Polar and Ocean
Govt approves Kaynes’ Rs 3,307 cr semiconductor unit at Gujarat’s Sanand
AHMEDABAD : The government on Monday approved a proposal of Kaynes to set up a semiconductor unit in Sanand, Gujarat with 6.3 million chips per day capacity, entailing