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December 11, 2023

Paytm is investing over ₹100 Cr in global payment center at GIFT City

Trade, Business, Company, Global Trade, Trending News
GANDHINAGAR : Paytm CEO Vijay Shekhar Sharma announced a significant investment of over ₹100 crore to establish a global payment development center at Gujarat International Finance Tec-City (GIFT City). The announcement was made at
December 11, 2023

India, the world’s third biggest oil importer and consumer, emerged as the biggest buyer of Russian seaborne oil

Fuel, Import, Trade, Trending News
NEW DELHI : Easing global oil prices would help India boost imports from Russia, a senior government official said on Friday, as a lower than $60 a barrel price of Russian oil will enable
December 11, 2023

World Zone Shipping Services opens doors in Bahrain

Logistics, Company, Shipping, Trade, Trending News
BAHRAIN : World Zone Shipping Services LLC, a United Arab Emirates (UAE)-based logistics provider, has expanded its operation in Bahrain. The inauguration ceremony, held in Muharraq, in the presence of the company’s senior management, was
December 11, 2023

The world’s largest nuclear-powered container ship is underway in China

International Shipping, Maritime, Ship Building, Trending News
BEIJING : As the Global Times reports, the Jiangnan Shipyard under the China State Shipbuilding Corporation Limited officially released the ship type design of the 24000TEU-class nuclear-powered container ship at Marintec China 2023, a
December 11, 2023

Malaysian Ports commence future-proof strategies

International Shipping, Foreign Ports, Maritime, Trending News
PENANG : Consumer demand shock, an increase in e-commerce trade, a shift in trade direction, crude oil price fluctuation, freight rates, and port congestion are some of the issues that ports confront worldwide. Universiti
December 11, 2023

Container shipping outlook 2024: Rising risk of delays, disruptions

International Shipping, Export - Import, Global Trade, Logistics, Shipping Line, Trade, Trending News
NEW YORK : The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024.   Two key container shipping “chokepoints” —
December 9, 2023

Piyush Goyal highlights growing confidence in India’s potential and nation’s rising stature on the global stage

Trade, COMMERCE, Economy, Global Trade, Infrastructure, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal highlighted the growing confidence in India’s potential and the nation’s rising stature on the
December 9, 2023

Adani Port operations to be carbon-neutral by 2025: Gautam Adani

Ports, Company, Maritime, Private Port, Trending News
AHMEDABAD : Adani Group Chairman Gautam Adani announced on Friday that all its port operations will be carbon neutral by 2025. The target for net-zero port operations is 2040, the group chairman said in
December 9, 2023

Deendayal Port Authority, Kandla held first Special Board Meeting

Ports, Trending News
GANDHIDHAM : The first Special Board Meeting followed by fifth ordinary Board Meeting of the Board of Deendayal Port Authority, of 2023-24 was held on 08-12-2023. The following Members, apart from Shri Sanjay K.
December 9, 2023

India’s east coast ports operation disrupts off the back of Cyclone Michaung

Export - Import, Infrastructure, Logistics, Ports, Private Port, Trade, Trending News
CHENNAI : Volunteers waded through stagnant water to hand out food and supplies, and some manufacturing plants remained shut in India’s southern tech-and-auto hub district of Chennai on Friday, four days after Cyclone Michaung
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