Greek owner to sell all container ships, spend $3B on LNG tankers
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which
GAIL does world’s first ship-to-ship LNG transfer; cuts CO2 emissions
NEW DELHI : India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks
FICCI survey indicates accelerated Indian economic growth in Q2 driven by higher demand
NEW DELHI : The latest quarterly survey from FICCI reveals a strong growth momentum in India’s manufacturing sector during the second quarter of the fiscal year 2023-24. Despite
One time exemption from ‘Prohibition’ is granted to Patanjali Ayurved Limited for export of 20 M
NEW DELHI : The DGFT issued Notification No. 43 /2023 dated November 11, 2023 regarding the one time exemption from ‘Prohibition’ is granted to Patanjali Ayurved Limited for export of
Soaring fees at Panama Canal have LNG Shippers taking long route
NEW YORK : Liquefied Natural Gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles further to bypass the Panama Canal as transporters
150 Bangladesh garment factories shut, 11,000 workers charged
DHAKA : Bangladeshi garment manufacturers shuttered 150 factories “indefinitely”, as police issued blanket charges for 11,000 workers in connection with violent protests demanding a higher minimum wage, officers
NYK boosts fleet with new LNG-powered PCTC
TOKYO : Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari
MoCI panel reviewing guidelines for elections of EPCs & FIEO to submit report by month end
NEW DELHI : (MoCI)The Commerce Ministry has decided to review the eligibility criteria for the election of office bearers of export promotion councils (EPCs) and apex exporters body
Mazagon Dock Shipbuilders is expecting orders from the export market; maintains FY24 guidance
MUMBAI : State-run Mazagon Dock Shipbuilders Ltd. is expecting to receive some orders from the export market in the next two months, Chairman and Managing Director Mr. Sanjeev
Decoding India’s upward trend in defence exports
NEW DELHI : For a country usually referred to as the world’s largest arms importer, India has incrementally been increasing its tally of arms exports over the last