RBI’s lower interest rates need to be transmitted to end customers : EEPC India
MUMBAI :While Reserve Bank of India’s lower interest rate regime is intended at supporting growth, steps need to be taken for full transmission of the rates to the
World’s first hydrogen cargo vessel set for Paris debut
PARIS : The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year, plying the river Seine in Paris,
Mr. Arun Sharma of Indian Register of Shipping (IRClass) Receives India’s Highest Maritime Recogni
MUMBAI :Indian Register of Shipping (IRClass), an international ship classification society, is delighted to announce that its Executive Chairman, Mr. Arun Sharma, has received India’s most prestigious maritime
MV Columbus first luxury cruise to reach Alang after 2-month break
The latest to arrive at Alang this week is a 32-year-old cruise liner, ‘MV Columbus’, which was built at Saint-Nazaire in France and could carry 1,855 passengers and
MoPSW plans Water taxis and ROPAX Ferries to be a part of Mumbai’s transportation soon
Water taxi on 12 routes and ROPAX services on 4 new routes will start soon MUMBAI :Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping and Waterways,
India remains a priority market for DB Schenker: CEO
Firm plans to scale up its warehousing facilities in tier-II and tier-III cities this year CHENNAI :In February, DB Schenker (DBS), the transport and logistics division of the
Sea Consortium books new boxships at Zhoushan Changhong
SINGAPORE : Singapore’s Sea Consortium has reportedly signed shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of three 3,100 TEUs containerships. A report from shipbrokers
Govt drafting township policy for leasing land owned by major ports
The Ministry of Ports, Shipping and Waterways is drafting a township policy that will lay down rules for commercial exploitation of land other than those needed for port
Concor’s land licence fee pay-out for FY21 goes through the roof
Concor paid about Rs 600 crore to the Railways Ministry on Wednesday as land licence fee (LLF) for FY21, about 4.5 times more than the Rs 140 crore
Forwarders should move quickly on Ever Given GA, but legal wrangle looms
LONDON :The British International Freight Association (BIFA) has urged forwarders with cargo on board the Ever Given to begin General Average (GA) procedures with their shippers. The vessel’s