Indian toy industry shows robust growth as exports surge
NEW DELHI : The Indian toy industry has shown tremendous growth and in the last 10 years or so, toy exports have reached $523.24 million, overtaking imports at
India’s First Multi Modal Logistics Park in Assam in Advanced Stage
GUWAHATI : The country’s first Multi Modal Logistics Park (MMLP) at Jogighopa in Assam is in an advanced stage of construction and is set to be operational by
Yang Ming declares general average after YM Mobility fire at Ningbo Port
NINGBO : On 9 August 2024, a fire occurred near the bow of the YM Mobility at the Port of Ningbo. In response, Yang Ming declared General Average
Sinolines introduces new North China-Philippines service
SHANGHAI : Sinotrans Container Lines (Sinolines) is launching a new service between north China and the Philippines The new brand North China – Philippines (NCP) service operate on
Oil tanker on fire and adrift in Red Sea after multiple attacks
HUDAYDAH : A Greek-owned and flagged oil tanker is on fire and adrift in the Red Sea after a series of attacks, British and Greek authorities say. The
Houthis & Iran threaten Israel after IDF jets bomb Hodeidah
YEMEN : Israeli fighter jets attacked Yemen’s Port city of Hodeidah on August 20, according to the Press TV, citing Yemeni government officials. The Yemeni health ministry said
Methanol Institute granted Consultative Status at International Maritime Organization
LONDON : The Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO). Consultative status is reserved for non-governmental, international organizations that have the
Product tanker contracting hits 18-year high after 17% rise year on year
LONDON : “During the first seven months of this year, 194 product tankers larger than 10k deadweight tonnes (DWT) have been contracted with a combined capacity of 13.3m
TT Club highlights continuing efforts to prevent container losses overboard
LONDON : Understanding the circumstances that lead to stack collapse and losses overboard incidents is of course vital in mitigating the risk. TT applauds the World Shipping Council
India and Malaysia upgrade strategic partnership, discuss BRICS membership
NEW DELHI : India and Malaysia decided to upgrade ties to a ‘Comprehensive Strategic Partnership’ on Tuesday, during talks between Prime Minister Shri Narendra Modi and Malaysian Prime Minister Anwar Ibrahim,