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October 12, 2023

AkzoNobel and Silverstream Technologies release white paper to help ship owners cut fuel consumption and carbon emissions

International Shipping, Marine, Maritime, Shipping Line, Technology, Trending News
LONDON : Ship operators can reduce their fuel use and emissions output by using Silverstream Technologies’ air lubrication system (ALS) with AkzoNobel’s fouling control coatings, a new white paper has revealed. Marine industry experts
October 11, 2023

Blue economy playing big role in driving India’s growth story : Sonowal

Maritime, Ports, Shipping, Trending News
NEW DELHI : Union Minister of Ports, Shipping, and Waterways and AYUSH, Shri Sarbananda Sonowal, said the upcoming Global Maritime India Summit in Mumbai offers investment opportunities exceeding Rs 10 lakh crore and the
October 11, 2023

Vibrant Gujarat -Vibrant Kutch Celebration Summit

Ports, Business, COMMERCE, Trade, Trending News
GANDHIDHAM : After inaugurating the two-day Vibrant Gujarat-Vibrant Kutch Celebration Summit at Dr. Babasaheb Ambedkar Convention Centre, on 10.10.2023, the Hon’ble Minister Shri Jagdishbhai Vishwakarma alongwith Shri Praful Pansheriya, Chairman-DPA-Shri S.K.Mehta,IFS, Collector Kutch Shri
October 11, 2023

CONCOR gains on 26.13% growth in Q2 domestic volumes

Container, Logistics, Railway, Trending News
NEW DELHI : The Container Corporation of India (CONCOR) announced a 26.13 percent year-on-year growth in domestic volumes in the September quarter current financial year. According to a regulatory filing, the Container Corporation of India reported a
October 11, 2023

Israel-Palestine war spells woes for Indian exports

EXPORT, Business, Global Trade, International Shipping, Trade, Trending News
NEW DELHI : Analysts have anticipated increased shipping costs accompanied with higher insurance premiums in wake of the growing Israel -Palestine conflicts. Amidst the recent attacks, trade volumes are expected to be left unaffected,
October 11, 2023

IMF raises India’s Growth forecast to 6.3% for FY24

Trade, Business, Economy, Trending News
NEW DELHI / LONDON : The International Monetary Fund has raised India’s growth forecast on higher consumption even as the global economy is estimated to slow down. The IMF projects India’s GDP to grow
October 11, 2023

With 8% growth, India’s contribution to global GDP would almost be on par with China by 2028 : Barclays

Trade, Economy, Trending News
NEW DELHI : In order for India to become the biggest driver for global growth, even overtaking China, it would need to target an 8 percent growth, according to Barclay’s analysts, India’s growth has
October 11, 2023

WCO participates in 2023 FIATA World Congress – Fostering Collaboration and Advancing Trade

Customs, Global Trade, Logistics, Trade, Trending News
BRUSSELS : From 3 to 6 October 2023, the WCO actively participated in the 2023 FIATA World Congress. The International Federation of Freight Forwarders Associations (FIATA), a Member of the WCO Private Sector Consultative
October 11, 2023

Jiangnan Shipyard delivered the world’s largest 24,000 TEU ultra-large container ship

Ship Building, International Shipping, Maritime, Shipping, Shipping Line, Trending News
BEIJING : On October 9, “MSC CHINA“, the last of the world’s largest 24116 TEU ultra-large container ship series built by Jiangnan Shipyard and China Shipbuilding Trading for CSSC Shipping and MSC, was delivered one month ahead of schedule. The
October 11, 2023

Hapag-Lloyd revises INDAMEX 2 Service rotation

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has decided to discontinue its vessel calls at Norfolk, US on its INDAMEX 2 (IN2) Service, effective from November 2023. The updated IN2 service port rotation will be as follows: Port
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