January 6, 2024
May 24, 2026
January 6, 2024
Great Nicobar Transhipment Port : Centre to invite tenders for first phase of container terminal next month
NEW DELHI : The eagerly awaited tender for the first phase of the International Container Transshipment Port (ICTP) in Galathea Bay, Andaman Nicobar Island, is set to be released next month. “Tenders would be
January 6, 2024
15 Indians among crew freed after Indian Navy commandos board ship hijacked in Arabian Sea
NEW DELHI : All 21 crew members, including 15 Indians, on board Liberia-flagged bulk carrier hijacked in the Arabian Sea were safely evacuated by Indian Navy on Friday, after its marine commandos intercepted the
January 6, 2024
ONE Line announces Indian Ocean Mediterranean (IOM) Service
SINGAPORE : Ocean Network Express (ONE) introduces the Indian Ocean Mediterranean Service (IOM), connecting key regions such as India, Pakistan, and the Middle East with the vibrant Mediterranean area. According to ONE, this new
January 6, 2024
Indian Economy outperforming peers, projected to grow at 6.2% in 2024: UN
NEW YORK : The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that gross domestic product in South Asia is projected to increase by 5.2 per cent in
January 6, 2024
Gujarat emerges as the Growth Engine of India with 33% Export share
AHMEDABAD : Gujarat Industries Minister Shri Balvantsinh Rajput has said that Gujarat boasts a remarkable 33% share in exports and contributes 18% to the total production of the country by holding top position in
January 6, 2024
Gujarat invests ₹50 Crore in Submarine for Advancing Under-Sea Tourism
GANDHINAGAR : The Gujarat government is set to introduce an innovative under-sea tourism experience by acquiring a ₹50-crore submarine designed to transport passengers to Beyt Dwarka, a small island believed to be part of
January 6, 2024
India mulls subsidies for exporters facing higher shipping costs
NEW DELHI : Given the recent spate of attacks on cargo ships in the Red Sea, India is mulling a variety of measures, including subsidisations for Indian exporters to offset higher shipping costs and
January 6, 2024
FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with
January 6, 2024