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MSC reportedly acquires majority stake in Ukraine’s largest Private Port Operator TIS Group

ODESSA : In a development that could significantly reshape Ukraine’s maritime and logistics landscape, media reports indicate that MSC Mediterranean Shipping Company has acquired...

AD Ports Group acquires CLI, Brazil’s leading Agri-Bulk ‎Port Terminal Operator, for over AED 3 Billion

ABU DHABI : AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading...

India-UK Economic Partnership gains fresh momentum as Piyush Goyal meets UK Trade Secretary Peter Kyle

NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal welcomed UK Secretary of State for Business and Trade Peter Kyle and his...

President of the Republic of the Union of Myanmar visits JNPA, explores port infrastructure and future expansion plans

MUMBAI : Jawaharlal Nehru Port Authority (JNPA) - India's largest container port had the honour of hosting His Excellency Mr. Min Aung Hlaing, President...

DG Shipping and NABET-QCI sign MoU to elevate quality standards in India’s Maritime Training and Recruitment Ecosystem

MUMBAI : In a significant step towards strengthening quality assurance and institutional excellence in India’s maritime sector, the Directorate General of Shipping (DG Shipping),...

Afcons wins Rs 53.01 billion contract for Vadhavan Breakwater

MUMBAI : Afcons has secured a contract worth Rs 53.01 billion (bn), equivalent to Rs 5,301 crore, to build the main breakwater at Vadhavan...

Railways maintain freight growth momentum in the first two months of this fiscal

NEW DELHI : Indian Railways has achieved freight loading upto 145 million tonnes in May this year despite challenges arising from the ongoing geopolitical...

After Hormuz, Iran threatens to block another strait: Why Bab El-Mandeb matters

LEBANON : Israel's ongoing military operations in Lebanon may soon send shockwaves through the global economy, as Iran and its allies have warned to...

Fuel prices may need to rise up to Rs 12/litre for OMCs to offset current losses

NEW DELHI : Fuel prices may need to rise up to Rs 12/litre for OMCs to offset current losses. State-run oil marketing companies may...

Govt stricts Silver import rules, mandates DGFT Nod for routing via banks and agencies

NEW DELHI : The Government on Tuesday said after tightening the rules on import of silver that, the precious metal can now be imported...
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