Red Sea route accounts for 50% country’s exports, 30% of imports
NEW DELHI : The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30 per
Red Sea : Houthi attacks put pressure on Cairo
YEMEN : Houthi attacks on international ships in the Red Sea have hit Egypt especially hard. As vessels have begun to avoid the strait between the Arabian Peninsula and northeastern Africa, and
Longer disruptions at Red Sea trade route may hurt auto, electronics production : GTRI
Longer disruptions at the crucial Red Sea trade route may hurt manufacturing lines of some sectors like electronics, automobiles, chemicals, consumer goods and machinery, economic think tank GTRI
Contracts signed for construction of World’s First Ammonia-Fueled Ammonia Gas Carrier
TOKYO : In December 2023, Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. signed a series of contracts to
January 2024: Mawani continues to enhance competitiveness of Saudi Ports with “Excellence in P
RIYADH : Saudi Ports Authority, “Mawani,” has been honored with the prestigious ShipTek “Excellence in Port Infrastructure” award, a highly esteemed accolade specializing in the maritime sector in
US becomes world’s biggest economy in 2023, beats China
WASHINGTON : The United States has overtaken China to become the world’s largest economy in 2023, with a 6.3 per cent rise in gross domestic product (GDP) compared
One Sea extends industry influence by adding two more members
HELSINKI : One Sea, the international association dedicated to creating the conditions needed for an autonomous maritime transport chain, has added two more new members following a period
PM inaugurates and lays foundation stone for development projects worth over Rs 19,100 crores in Bul
NEW DELHI : The Prime Minister, Shri Narendra Modi on Thursday inaugurated and laid the foundation stone for development projects worth over Rs 19,100 crores in Bulandshahr, Uttar
JNPA commemorates Republic Day with a Grand Celebration filled with Patriotism and Fervour
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s leading container port, marked the Republic Day of India with an overwhelming display of patriotism. The event was a vibrant
Deendayal Port Authority celebrates the 75th Republic Day
GANDHIDHAM : Deendayal Port Authority, Kandla commemorated the 75th Republic Day with fervor and patriotic spirit at the Sports Complex, Gopalpuri, Gandhidham. The ceremony graced by the esteemed
