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Ship rates spiking 467% marks upended trade across commodities

LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions,...

Bulker newbuilding contracting drops 54% to five-year low : BIMCO

LONDON: "Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since...

President of India Graces NAVY DAY Celebrations at Thiruvananthpuram

THIRUVANANTHPURAM: The President of India, Smt Droupadi Murmu, graced the Navy Day-2025 celebrations and witnessed the operational demonstration by the Indian Navy at Thiruvananthapuram,...

India Takes Major Green-Tech Leap as Sarbananda Sonowal Flags off Nation’s First All-Electric Tug Project

NEW DELHI/GANDHIDHAM: The Union Minister for Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal virtually flagged off the steel-cutting ceremony for India’s first all-electric green...

Russian President Putin to visit India for 23rd India-Russia Annual Summit

NEW DELHI: President of Russia Vladimir Putin will arrive in New Delhi today on a state visit to India for the 23rd India-Russia Annual...

Innovation and Efficiency Key to Strengthening India’s Manufacturing Sector: Piyush Goyal

NEW DELHI: The Union Minister of Commerce and Industry Shri Piyush Goyal highlighted the importance of innovation, quality, design, sustainability and efficiency as key...

“India’s economy is on strong footing…”: Piyush Goyal on depreciation of Rupee against US Dollar

NEW DELHI: Union Commerce and Industry Minister Shri Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country...

CONCOR organises Stakeholders Meet at ICD Whitefield, Showcases AI-Driven Plans for Enhanced Logistics Services

BENGALURU: In a proactive move to strengthen collaboration with the logistics community and drive operational excellence, Container Corporation of India Ltd. (CONCOR) organised an...

VOC Port Authority places order for fully electric Green Tugboat as part of its ‘go green initiatives’

TUTICORIN: V.O. Chidambaranar Port Authority (VOCPA),  has taken a major step toward reducing greenhouse gas emissions by placing an order for a state-of-the-art green...

Gujarat: GIDC to establish new Agro Food Park in Rajkot

GANDHINAGAR: The Gujarat Industrial Development Corporation (GIDC), the nodal agency for industrial development in Gujarat, is set to establish a new Agro Food Park...
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