Maersk shifts major shipping route from Algeciras to Tanger Med
COPENHAGEN : Danish shipping giant Maersk has announced it will redirect its MECL Service route from Spain’s Port of Algeciras to Morocco’s Tanger Med Port, representing a major
DNV launches class notations to provide framework for safe development of autonomous shipping techno
SINGAPORE : DNV has launched a new family of class notations, Autonomous and Remotely Operated Ships (AROS), providing a framework for how autoremote vessels can achieve equivalent or
BCSA warns of looming rail cargo congestion
DHAKA : Bangladesh’s Container Shipping Association (BCSA) gave warning of-an imbalance in railroad capacity in Bangladesh may pose a problem for cargo transportation throughout the country in the coming months
KR Grants World’s First AIP to HD KSOE for Pioneering Large-Scale Liquid Hydrogen Tank Vacuum Syst
BUSAN : KR (Korean Register) has awarded the world’s first Approval in Principle (AIP) to HD KSOE for its breakthrough vacuum-insulated large-scale liquid hydrogen tank system, marking a
PM Modi to dedicate three naval ships to nation in Mumbai today
MUMBAI : Prime Minister Shri Narendra Modi will dedicate three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation on their commissioning at the Naval Dockyard in Mumbai on Wednesday. The
Budget 2025: Trade think tank GTRI bats for cut in average import tariff to 10%
NEW DELHI : The Global Trade Research Initiative (GTRI) proposed six reforms for Budget 2025-26 to boost India’s trade and manufacturing. The proposals include reducing the average import
Comm Min may seek 5 year extension of interest equalisation scheme for exporters
NEW DELHI : The Commerce Ministry is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years
DGFT updates export policy for every product to promote ease of doing biz
NEW DELHI : The Commerce Ministry‘s arm DGFT on Monday updated the export policy for all products, specifying detailed conditions for each item to enhance the ease of
ICC welcomes investment of Rs 50,000 cr to boost National Waterways
GUWAHATI : The Indian Chamber of Commerce (ICC) welcomed Inland Waterways Development Council’s decision to invest over Rs 50,000 crore over a period of five years to boost
SMP Kolkata reports decline in cargo volume
KOLKATA : SMP Kolkata recorded a sharp decline in cargo volume in the first nine month of FY25, led by dwindling coal movement at Haldia and Calcutta. Compared
