Bahri Line expands fleet with a new Multi-Purpose Vessel
RIYADH : Bahri Line has continued its venture into the niche multipurpose sector with the addition of an MPP to its fleet. The company said it has added Bahri Diriyah, reaffirming its commitment to
Baltic index slips to three-week low on weaker capesize, panamax rates
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments. The overall index, which factors in
Driving India’s economic growth, ‘InvIT a runaway success’ : Nitin Gadkari’s vision at BT Banking Summit 2024
GANDHINAGAR : Union Minister Shri Nitin Gadkari outlines India’s economic trajectory and infrastructure plans, emphasizing the pivotal role of roads and highways. At the BT Banking Summit 2024, he unveils strategies to bolster financial
PSA International announces financial results of 2023
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For the full-year period, revenue decreased by
VOC Port Authority held pre-bid meet to build a 4 million TEUs capacity container terminal in the port’s outer harbour
MUMBAI : Some of the potential bidders participated in a Roadshow held by the pre-bid meeting called by V O Chidambaranar Port Authority on 18 March in Mumbai to build a 4 million twenty-foot
Rs 20K Cr of MSMEs stuck in pending cases against delayed payments
NEW DELHI : Around Rs 20,000 crore is stuck due to the pending applications and cases by Micro and Small Enterprises (MSEs) against the delay in payments from their customers. According to the data
Defence exports boost is enhancing Atmanirbharta
NEW DELHI : Prime Minister Shri Narendra Modi at a Conclave on March 16 declared his intent towards making India a net-exporter of defence products over the next five years. PM Modi’s strategic vision
India-UK FTA to be signed post formation of new government in India
NEW DELHI : The India-UK free trade agreement is likely to be signed post the formation of new government at the Centre. “The legal vetting of the trade deal is on. Even if we