VISAKHAPATNAM : Indian Maritime University-Visakhapatnam, Dredging Corporation of India, and Sagarmala are likely to float a special purpose vehicle to install two dredger simulators at IMU campus in Visakhapatnam. These simulators would cost about
MUMBAI : The Great Eastern Shipping Co Ltd, India’s biggest private ocean carrier by fleet size and revenues, said its January-March 2023 net profit soared 282 percent to Rs 721.94 crore from Rs 188.97
MUMBAI : JSW Infrastructure will invest Rs 152 crore for the expansion of its container capacity at New Mangalore Port Trust, according to sources. In June 2022, the company commissioned its first container terminal
NEW DELHI : Cisco, the US-based tech conglomerate, on Wednesday said it will set up a manufacturing plant in India, work on which is expected to be completed within the next 12 months. Chuck
NEW DELHI : The Netherlands has emerged as India’s third largest exports destination after the US and UAE during 2022-23, showed commerce ministry’s data on Sunday. This can be attributed to a surge in shipment of goods
NEW DELHI : The newly launched Foreign Trade Policy (FTP) by the Directorate General of Foreign Trade (DGFT) is the most significant one yet. While multiple factors such as the pandemic and geopolitical tensions
NEW DELHI : In one of the “largest seizures of narcotics” till date, the Narcotics Control Bureau (NCB) Friday impounded around 2,500 kg of high-purity methamphetamine worth about Rs 12,000 crore by intercepting a
LONDON : DP World has moved closer towards its sustainability goals after a successful solar energy trial at its London Gateway hub port. The sunlight-converting photovoltaic panels have been installed on the canopy of the
SINES : The Liberian container vessel MSC TESSA set a milestone record by calling at the Port of Sines in Portugal on 14 April 2023, during its maiden voyage. The third largest vessel in
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell the most in three weeks on last Thursday, pressured by lower rates across all vessel
