KOCHI: ABB has won a contract with Cochin Shipyard to supply power and propulsion systems for two forthcoming electric tugs. Due for delivery to Polestar Maritime in 2027 as part of Phase 1 of
NEW DELHI : In a significant boost to India’s agri-food exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the flagging off of the first-ever sea shipment of botanical-infused ready-to-cook millet
NEW DELHI : In a significant move, the US will invest $1.5 billion, or roughly ₹14,400 crore, through an investment platform to create energy infrastructure, including liquefied natural gas (LNG), in India and Southeast
MUMBAI : Singapore-based logistics major YCH Group on Wednesday announced the plans to invest up to ₹1,000 crore in India over the next three to five years as it seeks to capitalise on rising
NEW YORK: Geoeconomic fragmentation is imposing an annual cost of $213–$307 billion on the global economy, according to a new World Economic Forum report released on Thursday (04-06). Driven by geopolitical tensions, economic security
NEW YORK: The war in Iran could end in a scenario in which control of traffic through the Strait of Hormuz remains in limbo, which could continue to depress traffic through the chokepoint longer
PANAMA CITY: Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic shipments even as the canal authority pledged to maintain full
TEHRAN : The sea is sometimes so tranquil that Captain Hassan Khan forgets his ship has been stuck in the middle of a war zone for three months. “It is really strange that everything
TOKYO: Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that it has signed shipbuilding contracts with China Merchants Jinling Shipyard (Nanjing) Co., Ltd. for four 1,380-vehicle capacity LNG dual-fuel car carriers. The
MIDDLETOWN (NEW JERSEY): The NY/NJ Foreign Freight Forwarders & Brokers Association, Inc. (NYNJFFF&BA) is proud to announce that Jeanette Gioia, President of Serra International, Inc., has been selected as the recipient of the Association’s