KUWAIT : Sheikh Khaled Salem Abdulaziz Al-Sabah, Director General of Kuwait Ports Authority, has reiterated the Authority’s commitment to embracing the era of smart ports, aligning with a strategic vision to foster growth in
AQABA : The Aqaba Development Corporation (ADC), the primary landlord of Aqaba’s seaports, has joined the MED Ports Association, a prestigious network of 31 leading port stakeholders across the Mediterranean. This strategic partnership aims
LONDON : Range of pressing issues to be addressed this year by the world’s shipping regulator. Speaking at a news conference on 14 January 2025, Secretary-General Arsenio Dominguez has highlighted several areas high on
LONDON : “According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT delivered in 2024.
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize
MUMBAI : The Prime Minister Shri Narendra Modi dedicated three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation on their commissioning at the Naval Dockyard in Mumbai. Addressing the
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its first Chairperson. The headquarters of the
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to volatility in commodity and metal prices,
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot launch for these hubs has been
NEW DELHI : India’s trade deficit dropped to $21.94 billion in December, improving from November’s $32.84 billion, driven by higher exports and lower imports. Merchandise exports rose to $38.01 billion in December from $32.11
