MUMBAI : Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the troubled Red Sea waters. MSC has
NEW DELHI : The Gaza war has long posed the risk of escalating into a broader crisis for the Global Economy, and recent developments in the Red Sea are proving this concern to be
NEW DELHI : India plans to set up its own protection and indemnity (P&l) entity called India Club for providing third-party maritime insurance to Indian ships operating in the country’s coastal regions and inland
India is experiencing a phenomenal economic growth momentum making it amongst the fastest-growing major economies in the world expected to grow at 6.3% as per the International Monetary Fund’s World Economic Outlook (2023) report.
NEW DELHI : CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said that the offensive comments targeting Prime Minister Modi have been deemed unacceptable by the business community, and this call
NEW DELHI : With a vision of providing eco-friendly, faster and energy-efficient mode of transportation, Indian Railways is marching ahead towards 100% electrification of Broad Gauge tracks. During the calendar year 2023, Indian Railways
NEW DELHI : Denmark and India have launched the Green Fuels Alliance India (GFAI), a collaborative initiative aiming to enhance joint efforts between the two nations in the sustainable energy sector, aligning with their
NORFOLK : The Port of Virginia is now powering all its terminals with electricity from clean resources and accelerating its goal of becoming carbon-neutral by 2040. By utilising clean electricity, the US port has
CAIRO : The shipping companies that move goods on one of the world’s busiest trade routes for factories, stores, car dealerships and other businesses face an excruciating decision. They can send their vessels through the Red Sea if
WASHINGTON : US hiring picked up along with hourly earnings at the end of 2023, though some metrics in the closely watched jobs report and a separate services survey tempered optimism about the labor
