NEW DELHI : India’s trade deficit with China breaching $100 billion for the first time in 2022 according to the latest data released by the China customs department. This is a blow to India’s
NEW DELHI : Russian VTB Bank, Russia’s second largest bank, launches direct payments in rupees in what would boost bilateral trade and investments in a big way. Russian SME clients can now make transfers without double conversion, which
BEIJING : Ming Yang Smart Energy Group Ltd. unveiled the world’s largest wind turbine, an offshore behemoth whose more than 140-meter-long blades will sweep across an area larger than nine soccer pitches. The turbine
SHIMLA : With the Congress government coming to power in Himachal Pradesh, now apple growers have pinned high hopes from the Chief Minister Shri Sukhvinder Singh Sukhu to fulfil their long pending demands. The apple growers of the
SINGAPORE : Port of Singapore has reported a container throughput of 37.3 million TEUs in 2022, which represents a slight decline of 0.7% compared with the all-time record volumes in the previous year. Despite
RIYADH : The Saudi Ports Authority (Mawani) and Marasi Marine Service Co. have reached an agreement to set up a Seamen’s Club at Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Ras Tanura
EGYPT : Hapag Lloyd‘s transshipment terminal with an annual throughput capacity of 3.3 million TEUs is under construction . A state-of-the-art transshipment terminal with an annual handling capacity of 3.3 million TEU is being
GENEVA : Scheduled on 15 January a six-month-long sailing race will start from Alicante, Spain for a journey around the globe. Skippered by Boris Herrmann, and supported by MSC, Team Malizia’s Seaexplorer will embark
SINGAPORE : As PIL continues to roll out its new intermodal services, it is pleased to announce the successful launch of its First Block Train Service in Africa in December 2022. The block train, carrying
HONG KONG : Orient Overseas (International) Limited (“OOIL” or “the group”) announces it has been included in the FTSE4Good Index Series. Created by the global index and data provider FTSE Russell, the FTSE4Good
