May 8, 2026
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ClassNK releases ‘What is the IMO’s Mid-term measures and how it works’

May 13, 2025 International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
TOKYO : ClassNK has released ‘What is the IMO’s Mid-term measures and how it works’ to promote understanding of the IMO’s mid-term measures. This document explains the mid-term measures including calculation examples of contribution

ClassNK releases ‘Guidelines for Safety Operation for Ammonia-Fueled Vessels’

May 13, 2025 International Shipping, Maritime, Shipping Line, Trade, Trending News
TOKYO : ClassNK has released the ‘Guidelines for Safety Operation for Ammonia-Fueled Vessels’ for considering the introduction of ammonia-fueled vessels to ensure safe operation on board ammonia-fueled vessels. By following these guidelines, safe and

Baltic Index inches Up on Higher Capesize, Supramax Rates

May 13, 2025 International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose on Monday to snap a four-session losing streak buoyed by higher capesize and

MoPSW wants to ensure Indian banks take up ships as collateral to boost ship-making & financing

May 12, 2025 Finance, Maritime, Ship Building, Trending News
NEW DELHI : Indian banks are being pushed to accept ships as collateral for shipbuilding loans – a bold move to turbocharge India’s maritime sector, senior officials from the Ministry of Ports, Shipping and

Indian Economy set to clock 6.5 % growth in FY26, backed by boost in private sector investments: CII

May 12, 2025 Trade, Economy, Global Trade, Trending News
NEW DELHI : India’s GDP is projected to grow at 6.5 per cent in the current fiscal and the country’s economy is resilient enough to overcome the short-term impact of geopolitical issues, CII President

India-UK FTA: No import duty cut for British wine, limited concession on beer

May 12, 2025 Import, COMMERCE, Finance, Global Trade, Trending News
NEW DELHI : India will not offer any import duty concessions on British wines and is providing only limited duty relief on UK beer under the recently concluded Free Trade Agreement (FTA) with the

US, China reach deal to cut trade deficit

May 12, 2025 Trade, Economy, Global Trade, Trending News
GENEVA : US Treasury Secretary Scott Bessent on Sunday reported “substantial progress” in US talks with China’s top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached

Adani Group deploys India’s 1st hydrogen-powered truck for mining logistics

May 12, 2025 Logistics, Company, Trade, Trending News
RAIPUR : Adani Enterprises, the flagship company of the Adani Group, has deployed India’s first hydrogen-powered truck for mining logistics in Chhattisgarh, equipped with smart technology and three tanks that can carry 40 tonnes

India poised to double ready-made garments market share to 12% in UK in near term: CareEdge

May 12, 2025 EXPORT, COMMERCE, MSME, Trade, Trending News
NEW DELHI : India is expected to double its market share from 6 per cent in 2024 to 12 per cent in the UK’s readymade garments (RMG) imports, translating into an incremental annual export

Indian pharma industry showed impressive growth in April 2025, by price led expansion: Report

May 12, 2025 EXPORT, Business, Trade, Trending News
NEW DELHI : The Indian Pharmaceutical Market continued its upward momentum in April 2025, registering a strong 7.8 per cent year-on-year growth with total sales reaching Rs 19,711 crore, according to a report by
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