Sea-Intelligence sees 2023 profitability close to pre-pandemic levels
COPENHAGEN : In 2023, all ocean carriers saw sharp year-on-year declines in their revenues, ranging between 46.6% and 62.6%, according to the latest Sea-Intelligence report. The Danish maritime data analysis firm noted that the
IRClass Systems and Solutions launches a suite of sustainability services
MUMBAI : IRClass Systems and Solutions Pvt Ltd (ISSPL), through its division – Indian Register Quality Systems, a leading provider of management systems certification services, has announced the introduction of a pioneering initiative aimed
Exporters seeking to avail duty concessions on shipments to UK, to follow new British rules : DGFT
NEW DELHI : Exporters seeking to avail duty concessions on shipments to the UK will have to adhere to the new British rules under the Developing Countries Trading Scheme (DCTS). In a trade notice,
Indian Ocean region dominates Maritime Security
NEW DELHI : While the Indian government’s focus from January 2021 was fixed on the Indo-Pacific with a sustained endeavour to strengthen the Quad, policy attention has shifted back to the Indian Ocean since
Indian Navy operation on high seas led to arrest of 35 pirates, rescue of 17 hostages
NEW DELHI : A high-tempo operation carried out by Indian Navy on the high seas 2,600 km from the Indian coast has led to the arrest of 35 armed pirates, while 17 crew members
Sarbananda Sonowal announces Rs 645 Cr for 10 waterways projects on river Brahmaputra in Assam
GUWAHATI : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal announced a major investment of more than Rs 645 crores to develop 10 waterways projects under the flagship Sagarmala Programme of the Ministry
Adani controlled Mundra Port achieves new milestone: Surpasses 7 Million TEUs handling capacity
MUMBAI : Mundra Port, operated by Adani Ports and Special Economic Port Ltd (APSEZ), has reached a significant milestone by surpassing the 7 million twenty-foot equivalent units (TEU’s) mark for the first time in
DGFT signs agreement with DHL to make MSMEs in 76 districts export-ready
NEW DELHI : The Directorate General of Foreign Trade (DGFT), an arm of the Commerce and Industry Ministry, on Thursday signed an agreement with global logistics service provider DHL to make Indian micro, small