NEW DELHI : The Clothing Manufacturers Association of India (CMAI) has raised concerns regarding the rate-rationalisation proposal put forward by the Group of Ministers (GoM), chaired by Bihar Deputy Chief Minister Samrat Chaudhary, which
KOCHI : As the Public Private Partnership (PPP) model is effective for the progress of the state’s maritime sector, going by the experience of the Vizhinjam port, it will be considered for Kollam, Beypore
NEW YORK : New York-listed Global Ship Lease, a containership owner leasing ships to container shipping companies, has contracted to purchase four high-reefer 9,115-teu containerships with an average age of 8.5 years for an
ALGERICAS : Containership HMM St. Petersburg and oil tanker Gloria Maris collided off the coast of Algeciras, Spain, on 3 December. The incident occurred near the southeastern coast of Algeciras. The HMM St. Petersburg
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates in capesize vessels. The index, which factors in
DUBAI : MYCRANE, the first global platform for online crane rental, has expanded its offer with the launch of a new Marketplace to facilitate the international sale and purchase of lifting equipment. Officially launched
THIRUVANANTHAPURAM : The Vizhinjam International Port will be inaugurated by Prime Minister Shri Narendra Modi. Ports Minister Shri V N Vasavan confirmed that the inaugural ceremony of the port’s first phase would be a
NEW DELHI : Union Minister of Ports, Shipping, and Waterways,Shri Sarbananda Sonowal on Tuesday informed the Parliament that the government has awarded around 75 port development projects in major ports in the last three
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, met with Mr. René Piil Pedersen, Managing Director of A.P. Moller Singapore (Maersk Line), to discuss avenues for collaboration in maritime logistics
PURI : The President of India, Smt Droupadi Murmu attended the Navy Day celebration and witnessed the Operational Demonstration conducted by the Indian Navy at Puri Beach, Odisha on December 4, 2024. Speaking on the occasion, the President
