January 25, 2024
May 24, 2026
January 25, 2024
Chemfleet adds three ships to Berg energy efficiency upgrade after verifying 10% fuel savings
ISTANBUL : Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda has yielded fuel savings of around 10%. Trials following the installation of Berg MPC800M
January 24, 2024
PM Modi to inaugurate section connecting eastern, western freight corridors
NEW DELHI : Prime Minister Shri Narendra Modi will on Thursday inaugurate the double line, electrified section of the crucial connectivity between the Western and the Eastern Dedicated Freight Corridors from New Rewari Junction
January 24, 2024
Adani Ports gets NCLT approval for acquisition of Gangavaram Port
AHMEDABAD : Adani Ports and Special Economic Zone Ltd, India’s largest ports and logistics company, on Monday, said it has received approvals from the National Company Law Tribunal (NCLT) for acquiring the remaining 58.1
January 24, 2024
FIATA calls for global monitoring and coordination to facilitate maritime transport as Red Sea tensions intensify
GENEVA : In the wake of mounting tensions in the Red Sea, FIATA has released a call to action for strengthened international dialogue and monitoring between governments and industry decision-makers to ensure maritime supply
January 24, 2024
Red Sea crisis hit India’s trade : Container Shipping line MSC and CMA CGM suspend key routes
CAPETOWN : Mediterranean Shipping Company S.A, the world’s largest container shipping line, has suspended two services from India, one destined for the U.S. and the other for the Mediterranean. Concurrently, French carrier CMA CGM
January 24, 2024
Mahindra Logistics to invest Rs 170 crore on warehousing facility near Pune
MUMBAI : Mahindra Logistics Limited (MLL) on Tuesday announced the construction of its warehousing facility in Phaltan, near Pune with an investment of Rs 170 crore. Spread over 6.5 lakh square feet (sq ft),
January 24, 2024
India increases import duty on gold and silver findings, coins of precious metals to 15%
NEW DELHI : The Finance Ministry has increased import duties on gold and silver findings, as well as coins of precious metals, to 15%. This comprises a Basic Customs Duty (BCD) of 10% and
January 24, 2024
Rail and transport industry expects ₹3 lakh crore boost in interim budget 2024-25
NEW DELHI : As the eagerly awaited Interim Budget for 2024-25 approaches, all eyes are on the potential windfall for Indian Railways. Analysts are speculating that Finance Minister Smt. Nirmala Sitharaman is poised to
January 24, 2024