India slips to sixth-largest economy in 2025, now seen becoming third-biggest by 2031
NEW DELHI : India slipped to become the world’s sixth-largest economy in 2025, dropping one rank from the previous year, according to the latest International Monetary Fund data, even as the country continued to
China told Maersk and MSC to drop Panama port operations, FT reports
BEIJING : China has told Danish shipping group Maersk (MAERSK), and Switzerland-based Mediterranean Shipping Company (MSC ) to cease operating ports on the Panama Canal, the Financial Times reported on Wednesday. In a meeting
Maersk expands Brazil footprint with additional depots in Rio Grande and Paranagua
SAO PAULO, BRAZIL : A.P. Moller – Maersk announced new investments in two strategic inland facilities in Rio Grande (RS) and Paranaguá (PR), expanding its logistics network in Southern Brazil. The developments support growing
TKMS signs MoU with Navantia on Shipbuilding Cooperation Roadmap
SPAIN : TKMS AG & Co. KGaA (TKMS), one of the world’s leading providers of maritime defense solutions including conventional submarines, naval ships and innovative electronics solutions, and Spanish company Navantia S.A., SME (Navantia),
PM receives call from US President Donald Trump, reviews bilateral cooperation and discusses West Asia and Strait of Hormuz
NEW DELHI : The Prime Minister, Shri Narendra Modi received a call from US President Donald Trump.The two leaders reviewed the substantial progress achieved in bilateral cooperation across various sectors and expressed commitment to
JNPA maintains operational stability amid evolving global conditions; Excels in all performance parameters
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) – India’s Largest Container Port, has demonstrated remarkable operational resilience by maintaining key performance parameters despite ongoing geopolitical disruptions in the Middle East. At a time when
India-flagged LPG Tanker Jag Vikram reaches Kandla after crossing Strait of Hormuz
KANDLA : Another Indian-flagged LPG carrier, Jag Vikram, transporting 20,400 metric tonnes of liquefied petroleum gas, reached Kandla port in Gujarat on Tuesday. Owned by Mumbai-based Great Eastern Shipping Company, the LPG tanker, carrying
Japanese delegation explores shipbuilding & repair opportunities at DPA Kandla
GANDHIDHAM : A high-level Japanese delegation called on the Chairman of Deendayal Port Authority (DPA), Kandla, to explore new avenues of collaboration in shipbuilding and ship repair, reinforcing the growing maritime partnership between India