July 3, 2026
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Hapag-Lloyd to decide today about resuming Red Sea routes operation

December 27, 2023 Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd will decide on Wednesday whether to resume journeys through the Red Sea, a spokesperson said on Tuesday as Maersk prepared to return to the area after a U.S.-led operation began providing safety

Govt approved 746 PLI applications till November for different sectors

December 27, 2023 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : As many as 746 applications have been approved till November 2023 under the Production Linked Incentive (PLI) schemes for 14 sectors such as pharma, white goods, and electronics, an official statement

Steel Ministry panel rejects proposal for TMT bars made from ship-breaking plates 

December 27, 2023 Ship Breaking, Trade, Trending News
NEW DELHI : A committee set up by India’s Steel Ministry has rejected the use of ship-breaking steel plates for making TMT bars (rebars) due to non-standardised offerings and the absence of wider data.

Freight rates on Indian trades move up amid Suez Canal routing disruptions

December 27, 2023 Export - Import, Logistics, Shipping, Shipping Line, Trade, Trending News
MUMBAI : After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions through the Suez Canal, according to the latest

Egypt and Jordan agree to operate new maritime route, an alternative to shipping via the Red Sea

December 27, 2023 International Shipping, Global Trade, Logistics, Maritime, Trade, Transport, Trending News
CAIRO : Jordan is considering alternatives route for shipping and maritime transport, in light of the ongoing turmoil in the Red Sea, including operating the land and sea transport line with Egypt, according to a report

Shipping Secretary Level Talks concludes with path breaking decisions in Dhaka

December 26, 2023 Maritime, Economy, Marine, Ports, Shipping, Trending News
NEW DELHI : Three high-level talks held between Government of India and Government of Bangladesh at Dhaka including Shipping Secretary Level Talks (SSLT), 22nd Meeting of Standing Committee (SCM) under Protocol on Inland Water

Again another cargo ship hit by drone, on the way to India; was fired by Houthis : US

December 26, 2023 International Shipping, Defence, Export - Import, Logistics, Maritime, Ports, Trade, Trending News
MUMBAI : A Gabon–flagged commercial oil tanker on its way to India with 25 crew, all of them Indian nationals, came under a drone attack in the southern Red Sea though no casualty was

Increasing exports and reducing imports new ways ahead for patriotism : Nitin Gadkari

December 26, 2023 Export - Import, Trade, Trending News
NEW DELHI : Increasing exports and reducing imports is the new way ahead for patriotism and “swadeshi”, and it will be a “new freedom” for India when not a drop of petrol or diesel

Vibrant Gujarat: Rs 67,000 cr worth investment proposals signed in petrochemicals sector

December 26, 2023 Trending News, Associationn, Trade
GANDHINAGAR : many as 11 Memoranda of Understandings (MoUs) amounting to a total of Rs 67,000 investment potential were signed at a pre-Vibrant Gujarat Global Summit event held in Bharuch. The event, ‘FutureChem Gujarat: Shaping tomorrow’s

SMP Kolkata opens doors for private investment in riverside luxury projects

December 26, 2023 Ports, Trade, Trending News, Water Transport
KOLKATA : Syama Prasad Mookerjee Port, Kolkata (SMPK) expects significant investment from private players for riverside luxury projects for which the port has started leasing its prime land. The projects will be developed under
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