Gold and silver import from UAE jumps 210%, need duty revision in FTA : GTRI
NEW DELHI : India’s gold and silver imports from its Free Trade Agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there
Gujarat plans ₹96,000 crore transmission infrastructure push
NEW DELHI : Gujarat Energy Transmission Corporation (GETCO) will spend ₹96,000 crore over the next 8 years in building transmission infrastructure within the state to be ready for
$6,193 mn loss, agriculture export ban hurting farmers
NEW DELHI : Despite a record-breaking harvest and a significant increase of nearly 14.1 million tonne in foodgrain production, farmers continue to face distress, thanks to the ban
Maersk wins a heavy lift contract from Vestas : Powertrains for one of the world’s largest wind tu
COPENHAGEN : Besides integrated logistics for conventional, containerized products, Maersk offers also out-of-gauge and special cargo shipments as part of its Maersk Project Logistics (MPL) business. Another example
Spot rate growth slows but ocean container shipping market will remain extremely challenging
OSLO : Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from
Oil spill in Singapore after Van Oord dredger hits bunker tanker Marine Honour
SINGAPORE : Singapore’s Port Authorities are racing to clear up a serious oil slick after a Van Oord dredger hit a bunker tanker near Pasir Panjang Container Terminal
ClassNK releases ‘FAQs on the FuelEU Maritime (2nd Edition)’
TOKYO : ClassNK has released ‘FAQs on the FuelEU Maritime (2nd Edition)’. FuelEU Maritime, an EU regulation aimed at promoting the decarbonization of fuels used on board ships,
G7 Summit commits to promote IMEEC
APULIA/ITALY : The Group of Seven (G7) industrialised nations have committed to promoting concrete infrastructure initiatives such as the India-Middle East-Europe Economic Corridor (IMEEC) in the G7 Summit Communique issued
India’s major ports’cargo handling up 6% to 72 million tonnes in May
NEW DELHI : According to provisional and advance estimates data released by the Ministry of Ports, Shipping, and Waterways for April-May 2024-25, cargo handled at major ports increased
Gautam Adani meets Tanzanian President Samia Suluhu for probabilities of a ‘long-term partners
TANZANIA : Billionaire industrialist Gautam Adani met Tanzanian President Suluhu Samia and discussed the possibilities of forging a long-term partnership with “one of Africa’s most promising nations”. “It