Asia-US container rates fall further; trend expected to continue post-ILA strike
HOUSTON : Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was averted at US Gulf and East
“Transforming Logistics: Precision and Purpose” – BIFA takes centre stage
LONDON : The British International Freight Association (BIFA) is taking a prominent role in a news-style programme, Transforming Logistics: Precision and Purpose, produced by ITN Business and launched
ClassNK awards notation for safe transportation of EVs to EASTERN CAR LINER’s car carrier ‘
TOKYO : ClassNK granted its ‘AFVC(FD)(EV)’*1 notation to ‘POSITIVE CHALLENGER’, a car carrier operated by EASTERN CAR LINER, LTD. and managed by ECL Shipmanagement Limited, for vessels equipped with additional
Anthony Vender pioneers Wind-Assisted Propulsion on Gas Carrier
ROTTERDAM : Anthony Veder proudly announces the launch of two VentoFoils sails onboard of Ethylene carrier Coral Patula, delivered by Econowind. With this installation, Anthony Veder is the
Prime Minister’s participates in the 21st ASEAN-India Summit in Lao PDR
LAO PDR : The 21st ASEAN-India Summit was held in Vientiane, Lao PDR, on 10 October 2024. Marking a decade of India’s Act East Policy, Prime Minister Shri
India Post issues special Postage stamp to recognise 25 years of Mundra Port, released by Gujarat CM
GANDHINAGAR : In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Shri Bhupendrabhai Patel released a commemorative postal stamp to honour the port’s contributions to India’s maritime and
JSW Infra receives LOI from MMB for developing all weather and multipurpose port in Palghar
MUMBAI : JSW Infrastructure announced that it has received has Letter of Intent from Maharashtra Maritime Board (MMB) for “Development, Operation, Management and Maintenance of an All Weather
Ministry of Textiles celebrates ‘World Cotton Day’ 2024
NEW DELHI : The Union Minister of Textiles, Shri Giriraj Singh attended the celebration of World Cotton Day 2024 here . The Ministry of Textiles jointly hosted the
RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment
World Bank raises India’s growth outlook for FY25 to 7% from 6.6 %
LONDON : The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and