FedEx and IIT Madras successfully conduct India’s first Intra-City Drone delivery trials in Bengaluru
BENGALURU : Federal Express Corporation (FedEx) and the Indian Institute of Technology Madras (IIT Madras) have successfully completed India’s first intra-city drone delivery flight trials in Bengaluru. Conducted under the research framework of the
Iran War derails India’s IMEEC & INSTC trade routes: Hormuz closure pauses Delhi’s connectivity ambitions
TEHRAN : If anything, the ongoing conflicts in the Middle East have reaffirmed the intensified weaponization of the trade routes. The Strait of Hormuz is closed, the Bab al-Mandab Strait is vulnerable to Somalian
Gulf Trade Exposure Index: Nations at greatest risk from Hormuz Strait closure
The war with Iran has laid bare one of the global economy’s most exposed fault lines. For nearly two months, traffic through the Strait of Hormuz has all but stopped and the countries that
Kuwait declares force majeure on oil shipments amid Hormuz blockade : Bloomberg
RIYADH : Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability
China’s Blueprint for a new trade era
LONDON: As the dust settles on the last month’s National People’s Congress, the global shipping community is beginning to digest a document that could be much more than a legislative checklist. China has officially
Sarbananda Sonowal hails PM Modi for ‘Bharat Maritime Insurance Pool’ to bolster India’s shipping Industry against Global Volatility
NEW DELHI : In a major policy intervention by the Narendra Modi Government, the Union Cabinet has approved the creation of a domestic maritime insurance pool with a sovereign guarantee of Rs 12,980 crore.
Good news for shipping sector: Cabinet clears Rs 12,980 crore maritime insurance pool amid Hormuz tensions
NEW DELHI : Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid rising global risks. The move aims to safeguard trade routes
Kandla Port facilitates landmark export of Cryogenic LNG Tanks to The Bahamas
GANDHIDHAM : India: Reinforcing its position as a key gateway for project and heavy-lift cargo, Kandla Port has successfully handled and dispatched a major consignment of cryogenic LNG storage tanks manufactured by INOX India