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October 25, 2023

Germany to dislodge Japan as world’s 3rd largest economy

Economy, Global Trade, Trade, Trending News
TOKYO : Germany’s Economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the Yen against the Dollar and the Euro. The International Monetary Fund’s latest projections
October 23, 2023

Govt’s vision document proposes preventing any company getting dominant market share in ports

Maritime, Ports, Trending News
MUMBAI : The government’s Maritime India Vision 2047 has suggested restricting mergers and acquisitions that lead to a particular group of companies getting dominant position in the port sector even as it has set
October 23, 2023

Gujarat Chief Minister’s inspiring presence at the closing ceremony of the Global Maritime India Summit 2023 in Mumbai

Logistics, Economy, Maritime, Ports, Shipping, Trending News
MUMBAI : During the conclusion of the Global Maritime India Summit 2023, Gujarat Chief Minister Shri Bhupendra Patel said that this summit has unveiled the vast potential of the maritime sector, through collective deliberations
October 23, 2023

Kale Logistics says 30% of ports not ready to meet IMO’s January 2024 digital mandate

Logistics, Maritime, Ports, Trending News
MUMBAI : Kale Logistics Solutions has published a readiness survey of 200 ports that revealed 30% are not prepared to adopt the International Maritime Organisation’s (IMO’s) Maritime Single Window (MSW) mandate, which becomes compulsory
October 23, 2023

Jakson Green to develop ₹2,400 Cr. Green Ammonia plant at Deendayal port

Maritime, Ports, Trending News
MUMBAI : Jakson Green on Thursday announced that it has signed a memorandum of understanding (MoU) with the Deendayal Port Authority to set up a state-of-the-art green ammonia facility valued at around ₹2,400 crore.
October 23, 2023

Avaada Group & Gopalpur Port ink pact to set up green ammonia storage unit in Odisha

Maritime, Ports, Trade, Trending News
MUMBAI : Avaada Group recently announced signing of a memorandum of understanding (MoU) with Gopalpur Port Ltd to set up a green ammonia storage facility in Odisha, during the recently held Global Maritime India
October 23, 2023

IMEEC work begins with 3.5 lakh crore railways plan to link 8 ports on West Coast

Logistics, Business, Economy, Global Trade, Railway, Trade, Transport, Trending News
NEW DELHI : A strategic project, the plan under the India Middle East Europe Economic Corridor (IMEEC) is to transport goods from Indian Ports to Fujairah in the UAE by ship, and from there
October 23, 2023

US emerges as India’s biggest trading partner during Apr-Sep this fiscal

Export - Import, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The US has emerged as India’s biggest trading partner during the first half of the current financial year despite global economic uncertainties and declining exports and imports, according to government data.
October 23, 2023

Banas Dairy to invest Rs 2,100 crore in Gujarat, signs MoU

Trade, Business, COMMERCE, Trending News
AHMEDABAD : Banas Dairy, the biggest diary of Gujarat, Saturday said it planned to invest Rs 2,100 crore in the state, stated an official release. A Memorandum of Understanding (MoU) in this regard will
October 23, 2023

Kochi’s Water Metro eco-friendly Boats serve 10 lakh Passengers in less than 6 months

Maritime, Coastal Shipping, Ports, Trending News, Water Transport
KOCHI : In less than six months of inauguration, the Kochi Water Metro has served more than 10 lakh passengers, official data shows. On Saturday, at least 7,891 passengers boarded these boats, taking the
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