SINGAPORE : A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production hub and a consumption powerhouse. Maersk’s planned three-year
NEW DELHI : The government is expected to disburse Rs 79 crore fiscal incentives under PLI for white goods in the last quarter of this financial year as certain selected beneficiary firms have started
KOLKATA : Tata Consultancy Services Limited emerged as the top IT exporter from West Bengal in the Rs 3000 crores and above category for the year 2022-23. The company was crowned with the IT
NEW DELHI : India’s liquefied natural gas (LNG) imports are projected to rise significantly in 2024, driven by ongoing demand in the power, industrial, and fertilizer sectors, with a forecasted year-on-year growth of approximately
SINGAPORE : Orient Overseas Container Line Ltd. (OOCL) has introduced the CIP1 & CIP2 Services in order to strengthen its China, Indonesia and Philippines network coverage. CIP1 & CIP2 will establish direct connections among
ABU DHABI : AD Ports Group and Vietnam Maritime Administration (VINAMARINE) have formally signed a Memorandum of Understanding (MoU). This collaboration, endorsed by Vietnam’s Prime Minister Pham Minh Chinh and Minister of State for
WASHINGTON : An American warship and multiple commercial ships came under attack on Sunday in the Red Sea, the Pentagon said, potentially marking a major escalation in a series of maritime attacks in the
WASHINGTON : Three commercial ships came under attack in the international waters of the Red Sea on Sunday, U.S. military officials said — as Houthi militants claimed responsibility for the latest incursion in the Middle East,
NEW DELHI : In elections held at its assembly on Friday for the 2024–25 biennium, India was re-elected to the International Maritime Organisation (IMO) Council with the highest tally. India’s re-election falls under the
MUMBAI : Villagers who gave their land for the Jawaharlal Nehru Port project staged a protest mid-sea and blocked the movement of ships at the port in Navi Mumbai, police said on Sunday. The
