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March 8, 2024

Ships entering must obtain permit from Yemen’s Houthi-controlled Maritime Affairs Authority : Houthi Minister

Maritime, International Shipping, Trending News
YEMEN : Ships will have to obtain a permit from Yemen’s Houthi-controlled Maritime Affairs Authority before entering Yemeni waters, Houthi Telecommunications Minister Misfer Al-Numair said on Monday. Houthi militants have repeatedly launched drones and
March 8, 2024

China’s exports, imports beat estimates, trade surplus of over $125 bn

Export - Import, Trade, Trending News
BEIJING : China’s Exports and Imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to boost economic recovery. Exports for the January-February
March 8, 2024

Singapore and Australia formalise collaboration to establish Green and Digital Shipping Corridor

Maritime, Foreign Ports, Trending News
SINGAPORE : Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia Green and Digital Shipping Corridor (GDSC). The signing of this MoU was welcomed by the
March 8, 2024

Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
OSLO : Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world’s first PCTC vessel to run on ammonia. Today, they have been granted almost USD 14
March 8, 2024

Asia-Europe container trade analysis highlights its fluidity : Alphaliner

International Shipping, Logistics, Shipping Line, Trade, Trending News
GENEVA : MSC and the Ocean Alliance lead the way on the Asia to Europe trades in terms of market share, but Alphaliner’s analysis shows a trade in flux that will necessarily change again
March 8, 2024

Baltic index ticks down as capesize losses offset gains in smaller vessels

International Shipping, Maritime, Shipping, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments. The overall index, which factors in
March 7, 2024

PM inaugurates and lays foundation stone for multiple connectivity projects worth Rs 15,400 crores in Kolkata, West Bengal

Metro Railway, Infrastructure, Transport, Trending News
KOLKATA : The Prime Minister, Shri Narendra Modi inaugurated and laid the foundation stone for multiple connectivity projects worth Rs 15,400 crores here. The development projects catering to the urban mobility sector include Metro
March 7, 2024

Piyush Goyal urges textile beneficiaries to be vocal for local and take local to global

EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Union Minister for Textiles, Consumer Affairs & Food & Public Distribution and Commerce & Industry, Shri Piyush Goyal during his interaction with beneficiaries of Textile Sector here urged them in
March 7, 2024

Com Secy to chair the meeting of Ministry Officials and exporters about discussions on Red Sea crisis

International Shipping, COMMERCE, EXPORT, Maritime, Trending News
NEW DELHI : The officials from different ministries and exporters are expected to hold discussions on March 8 here, on issues being faced by exporters due to the Red Sea crisis, an official said
March 7, 2024

Union Cabinet likely to clear Rs 76,220-crore proposal to develop container Port at Vadhavan today

Maritime, Ports, Trending News
NEW DELHI : The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, is expected to clear a Rs 76,220 crore project to develop a new deep-water major port at Vadhavan near Dahanu in
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