Deeptech can grow India’s GDP 9 times : Amitabh Kant
NEW DELHI : Despite India being the fifth largest economy in the world, the country’s per capita income is very low and therefore, it needs to grow rapidly, said India’s G20 Sherpa and former
BEML and Mazagon Dock sign MoU for Marine Technology Collaboration
BENGALURU : BEML Ltd and Mazagon Dock Shipbuilders Ltd. have signed a strategic Memorandum of Understanding to collaborate on research and development of advanced marine technologies, officials said on Tuesday. The signing ceremony took
20 wagons of goods train derail in Chhattisgarh’s Bilaspur railway division
BILASPUR : At least 20 wagons of a coal-laden goods train derailed in Bilaspur Railway Division of Chhattisgarh on Tuesday morning, affecting the movement of passenger trains, railway officials said. While no casualties were reported in the incident,
Shipping Industry faces one of Its greatest challenges : Drewry
LONDON : The shipping industry is contending with a worldwide shortage of seafarers, and it’s fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. “We have been seeing a
Mark Zuckerberg’s Meta strikes biofuel deal with shipowner Norden
DENMARK : Danish tanker and bulker owner Norden has clinched an agreement with Mark Zuckerberg’s Meta to use sustainable maritime fuels in its supply chain. The operator said the owner of Facebook has signed
Logistics and connectivity: Cornerstones of Asean development, says Dr Wee
PETALING JAYA : Logistics and connectivity are key driving factors for Asean’s development, says Datuk Seri Dr Wee Ka Siong. The former Transport Minister acknowledged maritime transport’s essential role in international trade, adding that
2nd China International Supply Chain Expo opens in Beijing, fostering global supply chain collaboration
BEIJING : The second China International Supply Chain Expo (CISCE), the world’s first national-level exhibition focused on supply chains, opened on Tuesday in Beijing. The expo provides a comprehensive platform for business matchmaking and
Sweden urges Chinese ship to return for undersea cable investigation
STOCKHOLM : Sweden is asking a Chinese vessel Yi Peng 3 to return to Swedish waters to help facilitate an investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister
Red Sea Yacht disaster: 17 missing, 28 rescued after sinking
CAIRO : At least 17 people are missing after a tourist yacht ‘Sea Story‘ sank in the Red Sea near Cairo following warnings about rough seas, Egyptian officials said Monday. The governor of the
Freight Investor Services appoints George Dranganoudis as CEO
LONDON : Freight Investor Services (FIS), the leading freight and commodity brokerage, is pleased to announce the appointment of George Dranganoudis as Chief Executive Officer (CEO). The decision follows an extensive and rigorous search