Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal : GTRI
NEW DELHI : The Red Sea crisis has become a major threat to global trade and its impact on trade volumes will become visible in FY25, according to
Bangladeshi ship ‘M.V. Abdullah’ hijacked by Somalian pirates
DHAKA : A Bangladesh flag carrier ship was hijacked by Somalian pirates in the Indian Ocean on 12 March, according to the owner of the vessel, Bangladeshi Kabir
Ocean Network Express establishes new West Asia Regional Headquarters in Dubai
DUBAI : Ocean Network Express is pleased to announce the opening of its West Asia Regional Headquarters in Dubai. This strategic move aims to accelerate ONE’s growth and
Red Sea crisis spurs surge in TEU capacity : Newbuildings fully absorbed
YEMEN : The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by
SCA announces new Suez Canal mooring regulations and costs
CAIRO : The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’ transit through
PM to lay foundation stone and dedicate to the Nation various Railway & Infrastructural project
AHMEDABAD : In a major boost to Railway infrastructure, connectivity and petrochemicals sector, Prime Minister will visit DFC’s Operation Control Centre in Ahmedabad to lay the foundation stone
PM Modi to inaugurate command centre of Western Dedicated Freight Corridor today
AHMEDABAD : Prime Minister Shri Narendra Modi will inaugurate the operations control centre of the Western Dedicated Freight Corridor today and some portions of the infrastructure project taken
India-EFTA pact : India to phase out import duties on chocolates, watches, textiles, smartphones
NEW DELHI : Duties on substantial number of goods imported from EFTA countries–Switzerland, Norway, Iceland and Liechtenstein–including chocolates, watches, smartphones, olive oil, corn flakes, machinery, textiles, medicines, cod liver
‘A momentous achievement’: Ashwini Vaishnaw launches India’s fastest indigenous router with sp
BENGALURU : Union Minister for Railways and IT Shri Ashwini Vaishnaw remarked that designing and developing an indigenous 2.4 tbps router is really a momentous achievement for the
Ashwani Kumar unanimously elected as the new President of FIEO, aims to enhance the competitiveness
NEW DELHI : Mr Ashwani Kumar, Partner, Victor Forgings, Jalandhar has been unanimously elected as the New President of the Federation of Indian Export Organisations (FIEO) on March
