Boluda opens the door for MSC to enter its tugboat subsidiary with a 49% stake
GENEVA : Boluda and MSC strengthen their alliance with a strategic merger in the tugboat business. The merger by absorption is expected to be finalized between April and May. The Boluda Group, led by Valencian
Governments expected to agree on World’s First Levy on Shipping Emissions at upcoming IMO Meeting
LONDON : Countries are expected to close in on a global shipping levy at next week’s International Maritime Organization meeting in London. Support is growing for a global tax on shipping emissions, which is
Adani Total Dhamra LNG Terminal expansion not imminent : CEO
MUMBAI : India’s Adani Total has yet to conduct feasibility studies to double the capacity of its LNG terminal in Dhamra, Chief Executive Surjeet Singh Lamba told Reuters on Thursday, a year after the
BEML & GSL to collaborate on maritime projects and composites
BENGALURU : BEML Ltd. and Goa Shipyard Limited (GSL) have signed a Memorandum of Understanding (MoU) to collaborate on maritime projects and composites, with the goal of strengthening India’s maritime capabilities. The MoU was
Rs 25,000 Cr smartphones exported in January
NEW DELHI : Smartphone exports in January crossed $3 billion (Rs 25,000 crore) this year — the highest ever in a single month — according to industry estimates. To put it in perspective, the
Japanese companies commit INR 7,500 Cr to Karnataka at Invest Karnataka 2025
BENGALURU : Karnataka continues solidifying its position as a premier investment destination, with 15 leading Japanese enterprises committing investments totalling approximately INR 7,500 Cr at the Invest Karnataka 2025 Global Investors Meet. This significant
Ashok Leyland’s exports surge by 33% in Dec-quarter led by GCC
NEW DELHI : Commercial vehicle manufacturer Ashok Leyland, part of the Hinduja Group, witnessed a 33% increase in exports to 4,151 units led by GCC (Gulf Cooperation Council) in the October to December quarter,
India’s Merchandise Trade deficit likely to come down by over USD 1 billion from USD 21.94 billion in December : Union Bank of India
NEW DELHI : India’s Merchandise Trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 billion in December 2024, according to a report by Union Bank