SINGAPORE : Following Strategic Marine’s successful entry into Korea’s offshore windfarm market earlier this year, the Singapore headquartered shipbuilder has signed a new contract with Yeosu Ocean Co., Ltd. for the construction of a
PANAMA CITY : Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status as the world leader in ship
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax
NEW DELHI : Chief Minister Shri Pramod Sawant emphasized the importance of increasing imports and exports at the Mormugao Port Authority (MPA) during his meeting with Union Shipping Minister Shri Sarbananda Sonowal in New
MUMBAI ; The US International Development Finance Corporation (DFC), which last year committed a half-a-billion-dollar loan to the Adani Group for developing a port in Sri Lanka, has not yet disbursed any money to
GANDHIDHAM : Deendayal Port Authority, Kandla reaffirmed its commitment to constitutional values on National Constitution Day 2024 Shri Sushil Kumar Singh, IRSME, Chairman-DPA, led the reading of the Preamble, joined by the Dy. Chairman,
PIPAVAV : APM Terminals Pipavav (Gujarat Pipavav Port Ltd), has announced a partnership with CleanMax, one of Asia’s leading renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield backed company.
MUMBAI : J M Baxi has been ranked 22nd in the IC Transport 50 list for 2024, which showcases the world’s leading specialised transport companies. This recognition reflects its commitment to “creating opportunities” for
MUMBAI : Allcargo Terminals, a Mumbai-based logistics company, plans to invest Rs 115 crore in developing a multimodal logistics park in Farrukhnagar, Haryana. This initiative is part of a larger Rs 500 crore fundraising
NEW DELHI : India’s export recovery may face challenges due to softening demand in developed markets, the Ministry of Finance stated in its monthly report on Monday. Merchandise exports registered moderate growth during the
