March 21, 2026
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May 3, 2023

Asyad Ports Company sees 88% growth in handling services

Foreign Ports, Trending News
YAHYA AL SALMI (OMAN) : Asyad Ports Company, a subsidiary of the Asyad Group, has announced an increase of 88 percent in the volumes of handling during its 2022 operations. There was a 15
May 3, 2023

The world’s fastest-growing ride-hailing service inDrive.Freight launches service in India

Logistics, Trending News
CALIFORNIA : inDrive.Freight, a same-day and on-demand service to find delivery options for any 20+kg freight by inDrive, is launched in India. Its unique feature is the ability to set your own price for
May 3, 2023

Experts see more opportunities than risks for breakbulk in 2023/24

Shipping, Break Bulk Cargo, International Shipping, Project Cargo, Trending News
DEVON (UK) : “In 2022, demand growth for multipurpose vessels slowed significantly, while fleet capacity increased,” Susan Oatway says when summarising the breakbulk and project cargo year 2022. As a result of that combination,
May 3, 2023

Scorpio Tankers doubles Q1 revenue

International Shipping, Maritime, Trending News
MONACO : Scorpio Tankers announced a strong set of first quarter results, doubling its revenue and returning to profit in the first three months of 2023. Profit of $193.2m in the first quarter 2023
May 3, 2023

Edda Wind repeat order confirms as offshore wind service vessel technology of choice

Shipping, Marine, Maritime, Technology, Trending News
FINLAND : MacGregor, part of Cargotec, has extended its run of orders for walk-to-work gangway technology from Edda Wind, after receiving a contract to equip the 8th service vessel in succession for the Østensjø
May 2, 2023

Centre pushes for maritime innovation with Sagarmala start-up policy

Maritime, Ports, Ship Building, Shipping, Trending News
NEW DELHI : A draft under the ‘Sagarmala innovation and start-up policy’ was recently put up for discussion and stakeholder comments. According to a Ministry official, most of the maritime innovations involve complex hardware
May 2, 2023

MSC boosts support for Asia-India Trade with New Shikra Service

International Shipping, Shipping Line, Trending News
GENEVA : To meet growing global demand, and strengthen Asian port connectivity and availability, MSC is proud to unveil a new inter-Asia service between the main ports of China and India. The new, independently-managed
May 2, 2023

India building 7,200 km transport corridor to counter China’s BRI

Trending News, Export - Import, Infrastructure, International Shipping, Maritime, Trade
NEW DELHI : The 7,200 km long International North South Transport Corridor (INSTC) connecting India and Russia is now rapidly coming to life after remaining a slow starter for years. Next month a host
May 2, 2023

Indian economy to grow at around 6.5% in FY24 : NITI Aayog

Economy, COMMERCE, Trade, Trending News
NEW DELHI : The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said. Virmani further said that he
May 2, 2023

India-UAE exports expects a jump of 60% to reach $50 billion by FY27 : Commerce Secretary

EXPORT, Trending News
NEW DELHI : Indian exports to UAE are likely to jump 60 percent to reach $50 billion by 2026-27 from the current $31.3 billion getting a boost from the Comprehensive Economic Partnership Agreement (CEPA)
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