MUMBAI : Prime Minister, Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects in Palghar, Maharashtra on 30th August. The projects include laying the foundation stone of Vadhvan Port at
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal said on Friday that manufacturing will determine the direction of India’s growth trajectory, adding that India can achieve far more through a robust
MUMBAI : Classification society DNV has signed a Memorandum of Understanding (MoU) with the Mumbai Port Sustainability Foundation (MPSF), a non-profit entity under the Mumbai Port Authority, to cooperate on activities and projects related
AHMEDABAD : India’s largest private port operator Adani Ports and Special Economic Zone (APSEZ) on Friday said it will acquire 80 per cent stake in Astro Offshore, an offshore supply vessel firm, in an
MUMBAI : Shipping Corporation of India received a ₹160 crore goods and service tax (GST) demand notice from the Deputy Commissioner of State Tax, Government of Maharashtra, for the financial year 2019-20, according to the company’s filing in the
MUMBAI : Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis of market data . On the westbound India-Europe
MUMBAI : Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding,
SHANGHAI : On 29 August 2024, COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines signed a contract in Shanghai for the construction of twelve 14,000 TEU container ships featuring dual-fuel methanol propulsion. This
SINGAPORE : Ocean Network Express (ONE) announced the launch of its new weekly services—“Gulf Asia Liner Express (GLX),” “Central China Middle East Express (CMX),” and “South China Middle East Express (SMX)”—which will connect East
EGYPT : Implementation of the Panama Canal Authority’s (ACP) new long- term slot allocation (LoTSA) system has been delayed until 1 October, except for LNG and LPG tankers. The new LoTSA for Neo-Panamax vessels