Baltic Index snaps seven-session winning streak
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday to snap a seven-session winning streak on weaker capesize rates. The main
India’s merchandise trade deficit will be under pressure in fiscal 26, services sector to provide respite: Crisil
NEW DELHI : India’s merchandise trade deficit will be under pressure in the fiscal year 2026, as domestic private consumption is expected to remain strong, maintaining imports up, the rating agency Crisil said in
Hindustan Shipyard stages turnaround with ‘magic of five’ strategy
NEW DELHI : Hindustan Shipyard Ltd. (HSL), once burdened by chronic losses and operational inefficiencies, has engineered an impressive turnaround driven by a strategic initiative dubbed the “Magic of Five.”After decades of financial turmoil, including
INS Ranvir participates in Exercise Bongosagar 2025 and Indian Navy-Bangladesh Navy Coordinated Patrol
NEW DELHI : The India-Bangladesh Naval Exercise Bongosagar 2025 and Coordinated Patrol was conducted in Bay of Bengal this week. The exercise saw participation of INS Ranvir from Indian Navy and BNS Abu Ubaidah
CSLA flag facing holdups at Vizhinjam Port
THIRUVANANTHAPURAM : The newly opened Vizhinjam Port gears up to handle more number of ships, the (CSLA)Container Shipping Lines Association (India) has highlighted some challenges faced by its member lines that pose impediments in
DTDC Widens its Footprints in South Asia with the Latest Store Launch in Sri Lanka
COLOMBO : DTDC Express Ltd., a leading express logistics provider, announces its expansion to Sri Lanka. The company has launched its first store in Colombo, partnering with Parcel Lanka, as DTDC’s authorized franchisee in
Gibdock hosts successful Defence Ship Repair Event at the House of Commons
GIBRALTAR : Gibdock, Gibraltar’s premier shipyard for naval and government vessels, successfully hosted an exclusive Defence Ship Repair Event at the House of Commons last night, bringing together key stakeholders from Government, industry, and the
Baltic Index hits 15-week high as rates of all vessel sizes rise
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, hit a 15-week peak on Wednesday as rates rose across all vessel segments. The main