DGFT imposes cap of 2.5 Cr per IEC from 1st April to 30th June 2024
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ), vide trade notice no. 40/2023-2024 dated 20th March 2024 has issued an amendment under the Interest
Mazagon Dock Shipbuilders to lease land parcel from Mumbai Port Authority for ₹354 crore
MUMBAI : State-run Mazagon Dock Shipbuilders Ltd (MDL) on Thursday (March 21) said the company will lease a land parcel measuring 14.55 acres from the Mumbai Port Authority
Magenta Mobility announces the launching of sustainable logistics solutions
CHENNAI : Magenta Mobility, an integrated electric mobility solutions provider, has announced its expansion, introducing Electric Vehicle (EV) logistics solutions for local businesses and service existing marquee clients
IMO agrees possible outline for maritime “net-zero framework
LONDON : IMO has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas emissions (GHG) from international shipping. This
CBI seizes 25k kilos of yeast mixed with cocaine at Vizag Port
HYDERABAD : In a major operation the sleuths of CBI had detained a shipping container, at Andhra’s Vizag Port ,suspected to have been carrying narcotics drugs mixed with
Another Chinese missile tracking vessel in Indian Ocean Region as India issues new NOTAM
NEW DELHI : A Chinese satellite and missile tracking vessel is approaching the Indian Ocean, raising concerns in India, said Damien Symon, a geo-intelligence expert, on Friday. He
Houthis reportedly strike Deal with Russia, China for safe passage
YEMEN : Houthi rebels here—who have been attacking ships passing through the Red Sea in an apparent show of support for Hamas in the Israel-Hamas War—have reached a
FIATA and Global Shippers Forum call for Enhancing Data Quality and Information Exchange for EU IC
GENEVA : Shippers and forwarding organisations are calling for enhanced data quality and information exchange globally to facilitate the effective implementation of regulatory changes brought by the European Union’s
U.S. Energy Secretary tells skeptical executives natural gas export pause will be short-lived
HOUSTON : The Biden administration this week sought to reassure skeptical oil and gas executives that a pause on liquified natural gas exports from new projects would be
IMO on track to adopt mid-term measures to cut emissions from ships
LONDON : IMO is advancing discussions on legally-binding ‘mid-term’ measures to help the maritime industry achieve net zero shipping, as set out in the 2023 IMO Strategy on the Reduction
