Indian Navy launches Third 25T Bollard Pull Tug ‘Bajrang’ at Shoft Shipyard, Bharuch
BHARUCH : Third 25T Bollard Pull (BP) Tug, Bajrang was launched by Cmde V Pravin, AWPS (Mbi) on 14 Mar 24 at M/s Shoft Shipyard Pvt Ltd, Bharuch, Gujarat. This Tug is a proud flag bearer of “Make
Houthi attacks in the Red Sea threaten internet infrastructure
YEMEN : A new threat emerged recently from the attacks by Iran-backed Houthis on shipping in the Red Sea that have caused delays to goods arriving in Europe from Asia. The United States said
Cabinet approves IGFA of India and UAE on cooperation for the empowerment and operation of the IMEEC
NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its Ex-post facto approval on Wednesday to the Inter-Governmental Framework Agreement (IGFA) that was signed on 13th February, 2024 during
India’s defence export to rise to Rs 40,000 crore in 2 years : Anurag Thakur
NEW DELHI : Union Minister Shri Anurag Thakur said that the government is resolute in increasing its own defensive capabilities. India has a defense production worth one lakh crore rupees today and a defence
NS Dock Kolkata set for Rs.8.09 bn expansion approval
KOLKATA : The government has given the green light to a 8.09 billion expansion project for Kolkata’s Netaji Subhash Dock to boost maritime infrastructure. The approval underscores a commitment to fostering economic growth and
Evaluation and financing is provided to IINO Kaiun Kaisha based on “Zero-Emission Accelerating Ship Finance”
TOKYO : Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the ammonia carrier “GAS INNOVATOR” (IMO No. 9958688), which was
DP World Cochin posts 38% growth in cargo volume in February, achieves record throughput of 75,141 TEUs
KOCHI : The International Container Transshipment Terminal (ICTT) operated by DP World at Vallarpadam, Kochi has handled a volume of 75,141 TEUs in February, posting a 38 per cent growth in volume over February
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal : GTRI
NEW DELHI : The Red Sea crisis has become a major threat to global trade and its impact on trade volumes will become visible in FY25, according to a report released on Tuesday by