April 1, 2024
March 17, 2026
April 1, 2024
Indian Ports struggle with massive demand as Ships Re-Route amid Red Sea Crisis
MUMBAI : In the wake of vessel re-routings aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a massive surge, highlighting a growing challenge for
April 1, 2024
Indian exporters urge Govt for relief from the 45-day payment rule from MSEs’ purchase
NEW DELHI : Indian exporters sought the government and requested an exemption from the 45-day payment rule for goods purchased from MSEs, emphasising that the norm will impact their businesses. The chiefs of major
April 1, 2024
Adani Group is back to its rapid expansion move
AHMEDABAD : Adani Group opened a USD 1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani’s Reliance Industries, all in
April 1, 2024
Rescued Pakistanis shout ‘India Zindabad’
NEW DELHI : As many as 23 Pakistani nationals rescued by the Indian Navy from Somali pirates after a daring operation in the Arabian Sea on March 29 thanked India and raised slogans of ‘India Zindabad‘.
April 1, 2024
Bombay High Court quashes GST Authority’s improper SCN, saving employees of Maersk Line India from Rs. 3731 Cr demand
MUMBAI : The Bombay Court has quashed the improper Show Cause Notice ( SCN ) issued to employees of Maersk Line India of Rs. 3731 Cr Demand assuming that the employees have benefitted from
April 1, 2024
Philippines boosts Maritime Security as China Tension rises
MANILA : Philippine President Ferdinand Marcos Jr has ordered his government to strengthen its coordination on maritime security to confront “a range of serious challenges” to territorial integrity and peace, as a dispute with China
April 1, 2024
Maersk transports 3% of containers using green fuels in 2023
COPENHAGEN : AP Moller Maersk carried over 660,000 teu last year on vessels using green fuels last year. The use of green fuels saving over 683,000 tonnes of greenhouse gases from being emitted into
April 1, 2024
CMA CGM and GTS Logistic establish JV for decarbonized transportation and logistics services
MARSEILLE : CMA CGM-the French logistics major and GTS General Transport Service, a leading Italian intermodal company, announced the establishment of a joint venture to offer reliable, affordable and decarbonised transportation and logistics services
April 1, 2024