December 27, 2023
March 16, 2026
December 27, 2023
Shipping giant Maersk decides to resume Red Sea voyages
COPENHAGEN : In a sign of breakthrough in the ongoing Red Sea crisis, shipping giant AP Moller-Maersk Sunday decided to resume voyages through the Suez Canal. This followed the setting up of the multi-national security initiative Operation Prosperity Guardian (OPG),
December 27, 2023
Govt approved 746 PLI applications till November for different sectors
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
December 27, 2023
Those behind attack on India cargo vessel will be found and dealt with : Rajnath Singh
MUMBAI : The government has taken the recent drone attack on a ship in the Arabian Sea very seriously, and, whoever carried out the strike will be tracked down and dealt with, Defence Minister
December 27, 2023
MV Chem Pluto, was hit by drone in Arabian Sea safely reached Mumbai
MUMBAI : MV Chem Pluto, (the Liberian flag chemical/oil tanker), carrying 21 Indian and one Vietnamese crew, which was allegedly attacked by a suspected drone on December 23, reached Mumbai and anchored safely at Outer
December 27, 2023
Steel Ministry panel rejects proposal for TMT bars made from ship-breaking plates
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.
December 27, 2023
New Amrit Bharat Train with “Push-Pull” Technology coming soon : Railway Minister
NEW DELHI : Union Minister Shri Ashwini Vaishnaw said that Prime Minister Shri Narendra Modi will soon flag off the newly made Amrit Bharat Train which features “push-pull” technology. He highlighted the innovative technology,
December 27, 2023
HMM announces US$1,500 GRI from India to East Coast of Latin America
SEOUL : South Korean ocean carrier HMM has announced a new general rate increase (GRI) from India to the East Coast of Latin America on its Far East India Latin (FIL) Service. HMM will
December 27, 2023
Freight rates on Indian trades move up amid Suez Canal routing disruptions
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
December 27, 2023