BENGALURU : Union Minister of Commerce & Industry, Shri Piyush Goyal, said that the Government remains committed to strengthening India’s DeepTech ecosystem, enhancing Ease of Doing Business, reducing compliance burden, and promoting innovation and
MUMBAI: In a remarkable move set to accelerate growth and innovation in multi-vertical industries, billionaire industrialists and philanthropists Yohan and Michelle Poonawalla and their associate partners have announced their investment in Macron Group, a diversified
MUMBAI: VoyageX AI, winner of the National Maritime Hackathon organised by NTCPWC-IIT Madras under the Ministry of Ports, Shipping and Waterways, showcased its AI-based systems that use live vessel data to predict ship arrivals
ERNAKULAM : The shipbuilding industry has long been synonymous with high energy consumption, from operating dry docks and welding bays to powering massive cranes and fabrication units. For a sector so dependent on heavy
SHARJAH : Gulftainer, a global trusted leader in integrated maritime and logistics solutions, has launched its India-Gulf Express (GIX) —newest maritime service designed to enhance regional trade and logistics between West India and the
SINGAPORE: Samudera Shipping Line has released its 3QFY2025 ended Sept 30 business update, which saw container shipping volumes rise to 503,000 twenty-foot equivalent unit (TEU), up from the 486,000 TEU previously. However, average freight
KEELUNG CITY: Yang Ming Marine Transport Corporation (“Yang Ming”) signed contracts for six 8,000 TEU-class methanol dual-fuel-ready containerships with Nihon Shipyard Co., Ltd. (“Nihon Shipyard”), Imabari Shipbuilding Co., Ltd. (“Imabari Shipbuilding”), and Shoei Kisen
LONDON : Baltic Exchange, in partnership with TAC Innovation, has officially launched the extended Baltic Air Freight Spot Indices (BAI Spot) to include a comprehensive set of routes originating from Hong Kong, India and Korea. These
By Oleg Poleev, CEO of JSC “Russian Railways Logistics” Last few years have become pivotal for global transport logistics market and for Russia-India cooperation in transport sector, in particular. In new geopolitical conditions, not
LONDON: The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Friday and recorded its weakest monthly performance since April. The main index, which tracks