Vizhinjam Port to host India’s pioneering wave energy project
THIRUVANANTHAPURAM : An Israel based company has initiated plans to install a generating plant at the Vizhinjam Port. Israel-based Eco Wave Power, an onshore wave energy developer, has
Interest Equalisation Scheme for exporters extended for 2 months ; FIEO disappointed
NEW DELHI : The Commerce Ministry on Friday extended pre and post-shipment rupee export credit till August under the Interest Equalisation Scheme (IES) for Micro, Small & Medium
IIT Madras launches ‘World’s First’ MBA in Digital Maritime & Supply Chain
CHENNAI : The Indian Institute of Technology (IIT) Madras has launched an MBA Program in Digital Maritime and Supply Chain. Touted to the the world’s first, the course
IFS officer Vikram Misri will be the new Foreign Secretary
NEW DELHI : Deputy National Security Advisor (NSA) Vikram Misri was on Friday named the next Foreign Secretary, a government notification said. Misri, a 1989 batch Indian Foreign
Cochin Shipyard secures ₹1,100 Cr export order from Norway firm
KOCHI : Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of Cochin Shipyard Limited (CSL), has secured an international order for the construction of eight 6300 TDW (total dry
Container freight rates out of India on major trades see gains as capacity tightens
NEW DELHI : Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to an
AVG Logistics announces allotment of land in Khurdha ,Bhubaneswar
MUMBAI : AVG Logistics Limited, a leading multimodal logistics solutions provider, is pleased to announce that the Odisha Government has allotted a land parcel measuring 4 acres to
Record decline in the share of imported coal in last decade
NEW DELHI : India, endowed with the fifth-largest coal reserves globally, stands as the second-largest consumer of coal, propelled by a fast-growing economy. In overall coal consumption spectrum,
MoPSW may back green transition of inland vessels, tugboats with ₹15,000 cr VGF
NEW DELHI : The Shipping Ministry is preparing a ₹15,000-crore viability gap funding (VGF) plan for companies to shift to greener vessels for inland water transport over the next
PM Gati Shakti scheme is transforming India’s infrastructure: Morgan Stanley
NEW DELHI : In a recent report American multi-national investment bank and financial company Morgan Stanley has all praise for PM Gati Shakti Scheme. The report says India