India launches World’s first Shipbreaking Credit Note under SBFAS 2.0
New initiative links responsible ship recycling with domestic shipbuilding to strengthen India’s maritime ecosystem NEW DELHI : India has become the first country in the world to introduce the Shipbreaking Credit Note (SbCN) under
SBD Scheme to accelerate creation of Greenfield Shipbuilding Clusters across India
MUMBAI : The Shipbuilding Development Scheme (SBDS) – Greenfield Shipbuilding Clusters Development marks a major milestone in strengthening the maritime manufacturing ecosystem of India and advancing the national vision of emerging as a leading
UP exports breach Rs 2 lakh crore mark, strengthens Yogi Govt’s $1 trillion economy pitch
LUCKNOW : Uttar Pradesh has achieved a major economic milestone by crossing the Rs 2 lakh crore export mark for the first time, reinforcing the state’s ambition of becoming a $1 trillion economy. Official
Trump insists Iran deal will open Strait of Hormuz ‘toll-free’ as he meets world leaders
VERSAILLES : US President Donald Trump has laid out the two primary components of his deal to end the war with Iran: Tehran will “never have a nuclear weapon” and the Strait of Hormuz
UAE has a plan to cut Hormuz dependency to ‘zero’: ‘It’s going to open but we won’t stop the new plan’
DUBAI : As the world awaits the full reopening of the Strait of Hormuz following the signing of an interim peace deal between Iran and the US, the United Arab Emirates is working on
MSC denies media report it looking to buy stake in Hapag-Lloyd
GENEVA : MSC, the world’s largest container shipping company, denied a report by Manager Magazin published on Wednesday that its Founder and Executive Chairman Gianluigi Aponte is looking to acquire a stake in German
Iran resumes oil exports as supertankers exit US blockade area with 3.8 million barrels of crude
TEHRAN : At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade in the Strait of Hormuz in the first such outbound shipment in two
PM Modi interacts with Donald Trump at G7 Summit, first meet in 16 Months
EVIAN : Prime Minister Shri Narendra Modi and US President Donald Trump were seen interacting at the G7 Summit in Evian, France, on Tuesday. This is the first meeting between the two leaders in