Hong Kong launches new Maritime and Port Development Board
HONG KONG : Restructured from Hong Kong Maritime and Port Board, Hong Kong newly establishes Hong Kong Maritime and Port Development Board to strengthen Hong Kong’s position as
South Korean shipbuilder Hanwha Ocean joins GCMD as Strategic Partner
SEOUL : The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean today announced a five-year strategic partnership to advance maritime decarbonisation in the areas of alternative low-/zero
Baltic index falls for third week on weaker rates across vessels
LONDON : The Baltic Exchange’s main sea freight index dipped on Friday, marking its worst week in five months as demand for all vessel segments declined. The index,
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
Indian coastal vessels may trade licence-free for domestic operations
NEW DELHI : The Union Cabinet has approved the Coastal Shipping Bill, 2024, which will remove the requirement for Indian-flagged vessels to acquire a general trading licence to
India has chosen to be a part of solution in sustainability and is changing faster than before : Pi
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal during his keynote address at the 13th Society for Human Resource Management (SHRM) India Annual Conference
MoPSW says that the cargo volume at 12 major ports rises 5% to 413.74 MMT in September
NEW DELHI : Cargo volume handled by 12 major ports rose by 5.03 per cent to 413.747 million metric tonnes (MMT) in September, the Ministry of Ports, Shipping
Adani Foundation donates ₹100 crores towards Young India Skills University in Telangana
TELENGANA : Adani Foundation has donated ₹100 crore cheque towards the establishment of Young India Skills University in Telangana. A delegation from the foundation led by Chairperson of Adani Group,
Odisha : National Waterways 5 to connect Talcher with Paradip and Dhamra Ports
BHUBANESWAR : In a major boost for Inland Waterways, Talcher will be connected with major ports including Paradip and Dhamra in Odisha.The Odisha government is working with the
DGFT eases policy conditions on Cough Syrup Exports to USA, UK, Canada, EU, Japan, Australia, Singap
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has eased export policy conditions on the export of cough syrups to select countries, including the