March 21, 2026
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May 1, 2023

Maersk to mark the launch of greener vessel

International Shipping, Trending News
COPENHAGEN : To celebrate the world’s first container vessel sailing on green methanol, AP Moller-Maersk has announced that it will host a week of festivities on 18-21 September in Copenhagen. The 2,100 TEU feeder
May 1, 2023

PSA forms new JV investing in Renewable Energy in China

Trending News, Foreign Ports, Maritime
SINGAPORE : PSA has partnered with Beibu-Gulf Port Group, and COSCO Shipping Group to form a joint venture (JV) company in China’s Guangxi Qinzhou Port District investing in wind and solar energy production! Clean
May 1, 2023

“Contestation happening at sea on daily basis”: Navy Chief on China ships

Maritime, Trending News
NEW DELHI : There is a “large presence” of Chinese vessels in the Indian Ocean Region and India keeps a “very close watch” on the developments in the region to protect and preserve its
May 1, 2023

China eyes ports on West Africa and Argentina

Foreign Ports, Maritime, Trending News
BEIJING : Since being re-elected as President for a third term, Xi is using BRI debt leverage and deft trade diplomacy with Europe establishing a military network. With Beijing eyeing ports on the west
May 1, 2023

93% of logistics professionals spend half their day fixing problems without digital tools : Container xChange

Trending News, Container, Logistics
HAMBURG : Container xChange, an online container logistics platform, has published its recent research report ‘The benefits of digitalizing container operations’. The report is based on a market survey of more than 1000 logistics
May 1, 2023

Customs Dept seizes gold worth over Rs 1Cr at Kochi Airport

Customs, Trending News
KOCHI : Air Intelligence Units (AIU) of the Customs Department seized 1899.04 grams of gold worth Rs 1.01 crore at Kochi Airport in two instances. The accused have been identified as Subair Sulaiman, a
May 1, 2023

World’s largest VLGC named ‘Harzand’ and delivered

Ship Building, Maritime, Trending News
BEIJING : Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. This marks a significant milestone
April 29, 2023

India’s Major Ports achieve Record-Breaking Milestones in FY 2022-23, Boosting Trade and Economic Growth : Sarbananda Sonowal

Ports, Shipping, Trending News
NEW DELHI : Union Minister of Ports, Shipping & Waterways and AYUSH, Shri Sarbananda Sonowal said FY23 saw India’s major ports reach unprecedented heights, setting new records across various key performance indicators. Speaking at
April 29, 2023

India funded Sittwe Port in Myanmar set to open on 9 May

Ports, Business, Trending News
KOLKATA : The Sittwe Port in Myanmar funded by India under the $500 million Kaladan Multimodal Transit Transport Project will start operations in May with the inaugural run of a ship from Netaji Subhas
April 29, 2023

ICICI Bank offers a network of Rupee Vostro Accounts, expedites settlement of trade in rupee

Trade, Economy, Trending News
NEW DELHI : ICICI Bank on Friday announced that it offers Rupee Vostro Account to enable Indian exporters and importers to pay and settle export-import transactions in Indian Rupees (INR). The proposition reduces the foreign currency risk
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