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December 13, 2023

Yemen’s Houthis claim missile attack on Norwegian tanker in tense Middle East

Trending News, Maritime
OSLO : Yemen’s Houthis said on Tuesday they hit a Norwegian commercial tanker with a missile in their latest protest against Israel’s bombardment of Gaza, underlining the risks of a conflict that has shaken the
December 13, 2023

This shipping container uses water and solar power to capture CO2 from the air

Container, International Shipping, Trending News
LONDON : Inside a shipping container in the U.K. city of Sheffield, new technology uses water and renewable electricity to pull CO2 out of the air. Other companies are already using “direct air capture” machines to
December 13, 2023

X-Press Feeders plans to launch green shipping routes to Baltic States and Scandinavia

International Shipping, Trending News
SINGAPORE : X-Press Feeders, the world’s largest independent common carrier, plans to lead the global maritime industry by using dual-fuel vessels, powered by green methanol, to create ‘green routes’ early next year to the
December 13, 2023

AD Ports and Masdar to explore development of green hydrogen hub within KEZAD

Foreign Ports, Trade, Trending News
ABU DHABI : AD Ports Group and Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, have announced the signing of a Memorandum of Understanding (MoU) on the sidelines of
December 13, 2023

ABB and Wallenius Marine open the first OVERSEA Fleet Support Center to provide centralized services

Maritime, Trending News
STOCKHOLM : The first OVERSEA Fleet Support Center, developed in collaboration between ABB and Wallenius Marine, will provide digital offering and fleet support as a serviceThe site in Stockholm, Sweden brings together the OVERSEA
December 12, 2023

FICCI expects economy to grow at 7.5-8 per cent this fiscal, 8 per cent in 2024-25

EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Industry expects the economy to grow at 7.5 to 8 per cent in the current fiscal and 8 per cent in 2024-25 on the back of strong growth momentum, positive sentiments
December 12, 2023

Adani Group says its portfolio posted highest ever EBITDA growth in H1FY24, crosses Rs 43,000 Cr

Ports, Shipping, Trade, Trending News
AHMEDABAD : Adani Group on Monday said its portfolio delivered highest ever EBITDA growth in H1FY24 and crossed Rs 43,000 crore-mark. The Gautam Adani-led conglomerate released its half yearly financial performance update on Monday. “The
December 12, 2023

India offers cut in ICT import duties to fast-track EU FTA

Import, Trade, Trending News
NEW DELHI : India has sought to settle a long-standing dispute with the European Union (EU) by offering exclusive import duty concessions for certain information technology products, under the proposed bilateral free trade agreement
December 12, 2023

India’s Electronics and Pharma sectors experience remarkable growth in 2023 : MeitY

EXPORT, Technology, Trade, Trending News
NEW DELHI : The Secretary of the Ministry of Electronics and Information Technology (MeitY), Shri S Krishnan, highlighted the significant achievements of India in the electronics and semiconductor sectors during 2023. He expressed optimism
December 12, 2023

DPA : Conference-cum interaction sessions for restructuring of PPP Projects

Ports, COMMERCE, Maritime, Trade, Trending News
MUMBAI : A significant conference-cum-interaction session was held at Hotel Trident, Mumbai, showcasing the commitment of Deendayal Port Authority towards the restructuring of Public-Private Partnership (PPP) Projects. The event was graced by the esteemed
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