World Bank raises India’s growth outlook for FY25 to 7% from 6.6 %
LONDON : The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing
Fuel quality remains critical issue for the maritime industry
LONDON : Lloyd’s Register has released its Fuel Quality Report 2024, offering vital insights into the evolving landscape of marine fuel quality and its implications for the maritime industry. Ongoing concerns around fuel
Cabinet approves development of (NMHC), at Lothal, Gujarat.
NEW DELHI : The Union Cabinet, Chaired by the Prime Minister Shri Narendra Modi, has approved the development of National Maritime Heritage Complex (NMHC) at Lothal, Gujarat. The project will be completed in two phases.
Chennai Port Authority wins the IAPH Sustainability Award 2024
CHENNAI : Chennai Port Authority proud to announce that Chennai Port has won the IAPH Sustainability Award 2024 in the Community Building category, marking a historic moment as the first Indian port to achieve
NATPET achieves a 50% reduction in lead times with Maersk’s integrated logistics solutions
DUBAI/JEDDAH : National Petrochemical Industrial Co. (NATPET), a leading Saudi Arabian polypropylene resin producer, has significantly improved its supply chain efficiency through a strategic partnership with A.P. Moller – Maersk (Maersk). The collaboration has
BIMCO approves first management agreement for autonomous ships
LONDON : BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships. The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver
FMC investigates retaliation against Shippers, Ocean Transportation Intermediaries and Motor Carriers
WASINGTON D.C. : The Federal Maritime Commission (FMC) takes seriously and investigates thoroughly allegations of common carrier or marine terminal operator (MTO) retaliation against shippers or their agents, ocean transportation intermediaries, and motor carriers.
12th Meeting of the India-UAE high Level joint Task force on investments
MUMBAI : The 12th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) took place in here . It was co-Chaired by Shri Piyush Goyal, Minister of Commerce & Industry, Government
