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MV Cardinal Victory creates import milestone at Paradip Port’s KICT berth

PARADIP : Paradip Port Authority has achieved a significant operational milestone with the successful berthing and handling of MV Cardinal Victory at the Kalinga...

Port reforms, increased shipbuilding activity drive credit surge to shipping sector

NEW DELHI : India’s shipping sector has seen a surge in bank credit, with data from the RBI reporting that outstanding credit to the...

Railway Board clears four new lines worth Rs 9K crore for Odisha

BHUBANESWAR : In a significant development, the Railway Board has approved four new railway lines in Odisha. The new projects totalling a distance of...

India’s exports accelerate on strong FTA push and renewed India–US Trade ties

NEW DELHI : India’s external trade performance gathered strong momentum over the past year, with total exports climbing from US$ 64.05 billion in November...

ECGC nudges export­ers towards safer mar­kets

NEW DELHI : State-run export credit agency ECGC Ltd has upgraded risk rank­ings of two dozen coun­tries, thereby sub­stan­tially redu­cing insur­ance costs for Indian...

Govt grants one-year exemption on quality norms for selected imported copper products

NEW DELHI : The government has exempted certain imported copper products from the mandatory quality control order for one year, according to a notification....

Indian Tea exports surge 15% in FY 2025–26, brewing strong growth in global markets

NEW DELHI : India’s iconic tea industry continues to strengthen its global footprint, with exports recording impressive growth during the current financial year. During...

ONE held the naming ceremony of ‘ONE Satisfaction’, the 6th vessel in “S” series, in Japan

TOKYO : Ocean Network Express held the naming ceremony of ONE Satisfaction, the 6th vessel in our “S” series, in Japan on 19 December...

Medlog to take over Pangaon Inland Container Terminal, paving way for full-scale operations

GENEVA : After years of limited activity and financial losses, the Pangaon Inland Container Terminal (ICT) in Keraniganj is set to become fully operational,...

Suez Canal return could dent global container ship demand: BIMCO

LONDON: A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected...
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