COLOMBO : Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit
DOHA : Qatar‘s state energy company, one of the world’s biggest liquefied natural gas exporters, has paused sending tankers through the Red Sea after US-led strikes against Houthi militants in Yemen targeting the crucial
LONDON : Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The security situation — which is even more precarious in the near term due to coalition
NEW DELHI : India’s Ministry of Ports, Shipping and Waterways (MoPSW) will invest ₹45,000 crore for the development of river cruise tourism in the country. According to Union Minister Shri Sarbananda Sonowal, ₹35,000 crore
NEW DELHI : The Commerce Ministry has called a meeting of all stakeholders, including government officials and trade sector experts, on January 20 to discuss issues which are likely to figure in the WTO
NEW DELHI : There is great excitement about India globally and the country stands at a crucial juncture, ready to catapult into a $35-trillion Economy in the next 24 years, marking an era of unprecedented growth, Commerce and Industry
TEHRAN : Iran and India have reached a “final agreement” on the development of the southeastern Iranian port city of Chabahar, the official news agency IRNA reported on Monday. The agreement was reached during
NEW DELHI : India on Monday raised concerns with Iran about the increasing number of attacks on merchant ships in the Red Sea by Tehran-backed Yemen’s Houthi rebels. “There has been a perceptible increase in threats
KOCHI : India’s shipbuilding and ship repair capabilities will take a quantum leap with state-run Cochin Shipyard Ltd, India’s biggest shipbuilder by dock capacity, opening a new dry dock and an international ship repair
MUMBAI : State-run Shipping Corporation of India Ltd (SCI) has initiated steps to buy five ships, all second hand of various types, with an investment of some Rs2,000 crores, in an indication that the