NEW DELHI : India’s shipping sector has seen a surge in bank credit, with data from the RBI reporting that outstanding credit to the sector stood at ₹9,959 crore as of October 2025, up
NEW DELHI : India’s iconic tea industry continues to strengthen its global footprint, with exports recording impressive growth during the current financial year. During FY 2025–26 (April–October), India’s tea exports touched USD 605.77 million,
GENEVA : After years of limited activity and financial losses, the Pangaon Inland Container Terminal (ICT) in Keraniganj is set to become fully operational, with Medlog, the logistics arm of Switzerland-based Mediterranean Shipping Company
SEOUL: South Korea is on track to win back a 20 per cent share of the world’s shipbuilding orders this year. This recovery comes as global demand for new ships declines and the United
NEW DELHI : The Ministry of Ports, Shipping & Waterways (MoPSW) notified the operational guidelines for two major shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)—aimed at strengthening India’s
AHMEDABAD: In 2025, Adani Ports and Special Economic Zone Limited (APSEZ) hit a defining inflection point — its ports, logistics and marine businesses outpaced the market, demonstrating the power of a truly integrated, end-to-end
TUTICORIN : V.O. Chidambaranar Port Authority (VOC Port Authority), Tuticorin, has reached a significant milestone with the floating of the tender for its ambitious Outer Harbour Development Project under the Hybrid Annuity Mode (HAM).
NEW DELHI: India’s ancient seafaring traditions are set to be tested on the high seas as INSV Kaundinya, a stitched-sail vessel inspired by 5th-century shipbuilding techniques, prepares for a landmark voyage to Muscat, Oman,
SINGAPORE : The Port of Mombasa has marked a historic milestone by receiving the first Liquefied Natural Gas (LNG)–powered vessel to dock at an East African port. The move signalled a huge leap toward
LONDON: Iran has seized a foreign oil tanker near the Iranian island of Qeshm in the Gulf, saying it was carrying 4 million litres of smuggled fuel, state media reported on Friday. Authorities did