NEW DELHI : The latest quarterly survey from FICCI reveals a strong growth momentum in India’s manufacturing sector during the second quarter of the fiscal year 2023-24. Despite a slowdown in developed nations, the
NEW DELHI : Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal this month, helping reverse years of
SYDNEY : Australia’s biggest ports operator, DP World Australia which has been the target of a cyber-attack, has begun gradually restarting its operations, but key exports could be subject to prolonged delays. DP World
NEW DELHI : The US International Development Finance Corporation’s (DFC) announcement of a $553 million investment in the West Container Terminal of Colombo port was not unexpected.The said port is being built by a
VASCO : Two cruise vessels berthed simultaneously on last Saturday for the first time during this season at the cruise berth in the Mormugao Port. The ‘MV Resilen Lady’ made its maiden call at
ROTTERDAM : As the curtains fall on Europort 2023, memories linger of an event that saw stakeholders from across the maritime world connect on the key themes of energy transition and digitalisation, as well
ROTTERDAM : Rudder and steering systems specialist DMC launched the new and improved Optima nozzle at Europort 2023 in Rotterdam last Thursday. The original Optima was introduced in 1998 and quickly developed into the
LONDON : The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase in volume with several tenders and operator-controlled cargoes, leading to a market increase
NEW DELHI : Indian Major ports which had been showing slow growth this financial year, saw a turnaround in October. There was 13 per cent growth in cargo and the ports handled 70 million
NEW DELHI : Gradually, the automobile market is witnessing significant changes as people are increasingly opting for electric vehicles (EVs) over petrol and diesel vehicles. However, the high price of EVs remains a major
