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Credlix strengthens MSME and exporter financing with majority stake in Vanik Finance and ₹80 crore capital commitment

MUMBAI: Credlix, the fintech arm of Moglix, has taken a majority stake in Vanik Finance, with an aim to infuse ₹80 crore. This marks...

DCSA welcomes IKEA Supply AG as first shipper to participate in DCSA+

AMSTERDAM: IKEA Supply AG has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As...

NYK named Two New LNG Carriers for QatarEnergy as Sharq and Shra’ouh

TOKYO: On December 3, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, Ltd., MISC Berhad, and China LNG Shipping (Holdings) Limited held a...

Ship rates spiking 467% marks upended trade across commodities

LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions,...

Bulker newbuilding contracting drops 54% to five-year low : BIMCO

LONDON: "Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since...

President of India Graces NAVY DAY Celebrations at Thiruvananthpuram

THIRUVANANTHPURAM: The President of India, Smt Droupadi Murmu, graced the Navy Day-2025 celebrations and witnessed the operational demonstration by the Indian Navy at Thiruvananthapuram,...

Russian President Putin to visit India for 23rd India-Russia Annual Summit

NEW DELHI: President of Russia Vladimir Putin will arrive in New Delhi today on a state visit to India for the 23rd India-Russia Annual...

Innovation and Efficiency Key to Strengthening India’s Manufacturing Sector: Piyush Goyal

NEW DELHI: The Union Minister of Commerce and Industry Shri Piyush Goyal highlighted the importance of innovation, quality, design, sustainability and efficiency as key...

“India’s economy is on strong footing…”: Piyush Goyal on depreciation of Rupee against US Dollar

NEW DELHI: Union Commerce and Industry Minister Shri Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country...

CONCOR organises Stakeholders Meet at ICD Whitefield, Showcases AI-Driven Plans for Enhanced Logistics Services

BENGALURU: In a proactive move to strengthen collaboration with the logistics community and drive operational excellence, Container Corporation of India Ltd. (CONCOR) organised an...
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