Ministry of Textiles celebrates ‘World Cotton Day’ 2024
NEW DELHI : The Union Minister of Textiles, Shri Giriraj Singh attended the celebration of World Cotton Day 2024 here . The Ministry of Textiles jointly hosted the
Central Govt. considers seed funding to establish a shipping insurance entity
NEW DELHI : With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its funds as a preliminary
RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment
World Bank raises India’s growth outlook for FY25 to 7% from 6.6 %
LONDON : The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and
Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe
FELIXTOWE : A.P. Moller – Maersk has celebrated the naming of its latest dual-fuel methanol container vessel “Alexandra Maersk”. UK’s Maritime Minister Mike Kane, representatives of the IMO,
New multipurpose terminal opens in East Java
JAVA : New multipurpose International Container Terminal Services (ICTSI) officially opened in Lamongan Regency, Indonesia, on Wednesday, October 2. Construction of the East Java Multipurpose Terminal (EJMT) began
Engineering study charts potential of carbon capture technology to help decarbonize shipping
LONDON / SINGAPORE : A project assessing the technical feasibility of onboard carbon capture and storage (OCCS) in the shipping sector, carried out by the Oil and Gas
DUCAT Maritime surpasses 15 million tonne milestone in rice shipments to West Africa
LIMMASOL : DUCAT Maritime, a leader in global maritime logistics, has announced a significant milestone in its operations: the delivery of over 15 million tonnes of rice to
Fuel quality remains critical issue for the maritime industry
LONDON : Lloyd’s Register has released its Fuel Quality Report 2024, offering vital insights into the evolving landscape of marine fuel quality and its implications for the maritime
Marlink Security Operations Centre report shows continued evolution of maritime cyber threats
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has released the latest global maritime cyber threat report produced by its Security Operations Centre (SOC).
