GENEVA : Global goods trade continued to expand at a moderate pace in the fourth quarter of 2024 according to the latest WTO Goods Trade Barometer. However, prospects for trade in 2025 are uncertain
NEW DELHI : Indian Railways is working on an express parcel delivery service – tentatively named as Vande Bharat Parcel Service – targeting niche products, e-commerce shipping items that include apparels, mobile phones, other lighte-weight cargo and
NEW DELHI : As India is on a trajectory to decarbonise the transport sector and reach its net-zero goals by 2070, it is imperative to closely examine decarbonisation strategies to avoid any unintended economic
GANDHIDHAM : Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal, informed in reply to a question in the Lok Sabha during the ongoing session of Parliament, shared this informationGujarat continues to dominate cargo
NEW DELHI : To enhance the transportation of goods through rivers, which currently constitutes only 2 per cent of India’s total freight movement, the government is planning to introduce a three-year subsidy scheme for
NEW DELHI : Oil and Natural Gas Corporation (ONGC) is in preliminary talks with domestic shipyards to construct two offshore jack-up drilling rigs, estimated to cost USD 500-550 million. The plan, recently approved by
NEW DELHI : The Indian government is shifting plans for two large-scale oil refineries, each with an annual capacity of 10-15 million tonnes and integrated petrochemical units, from Maharashtra’s Ratnagiri district to Gujarat and
HAMBURG : The countdown for the new FuelEU Maritime regulation is on. It will come into force from 2025. Bernhard Schulte Shipmanagement (BSM) has developed comprehensive FuelEU Maritime measures and digital tools, integrated in
SINGAPORE : The global regulatory framework aiming to decarbonize the shipping industry has reached a considerable level of complexity, confronting Asian shipowners and operators with the challenging task of collecting, managing, verifying and reporting
NEW DELHI : India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns at some refineries and the geopolitical crisis in West Asia which led to fears of high volatility