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August 4, 2025

Rs 44 Cr Customs Duty evasion involving undervalued walnut imports : Bombay HC allows Anticipatory Bail

Customs, COMMERCE, Economy, EXPORT, Finance, Global Trade, Trade, Trending News
NEW DELHI : In a recent case, the Bombay High Court allowed anticipatory Bail in case of Rs 44 Cr of Customs Duty evasion involving undervalued walnut imports. The applicants have demonstrated their willingness
August 4, 2025

AI-Powered detection delivers improved Safety to Offshore Operators

Maritime, Maritime Security, Technology, Trending News
EDINBURG : The offshore energy industry has started adopting AI-based advanced detection technology to improve safety and operational oversight, with operators now trialling and installing intelligent detection systems to reduce the risk of man
August 4, 2025

Xeneta Weekly Container Shipping Market: Transpacific Rates on the decline

Container, Shipping, Shipping Line, Trade, Trending News
OSLO : Xeneta analyst insight – Transpacific – “Average spot rates on the major fronthauls from the Far East to US have been falling hard and are now at the lowest level since December
August 4, 2025

Drewry: World Container Index down 1% last week

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 1% to $2,499 per 40ft container this week. Drewry’s detailed assessment for Thursday, 31 Jul 2025 Source: Drewry
August 4, 2025

Baltic Index records Worst Week in more than a Month

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday but logged its worst week since early-June, weighed down by lower rates
August 2, 2025

“India ramps up shipbuilding capability to realise PM Modi’s vision of Viksit Bharat”: Sarbananda Sonowal

Maritime, Ports, Ship Building, Shipping, Trade, Trending News
NEW DELHI : India’s shipbuilding industry is undergoing a transformational shift, as the Union Government under Prime Minister Shri Narendra Modi accelerates efforts to build a world-class maritime ecosystem—paving the way for a Viksit
August 2, 2025

Green Ports & Shipping Conference : Chartering sustainable maritime future

Maritime, Ports, Shipping, Trending News
TUTICORIN : Ministers of Shipping, dignatories Industry leaders, policymakers, innovators, and environmental advocates converged this week at the Green Ports & Shipping Conference, an influential summit focused on steering the global maritime industry toward
August 2, 2025

Sarbananda Sonowal informs Modernization of Ports under Maritime India Vision 2030

Ports, Maritime, Shipping, Trade, Trending News
NEW DELHI : Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal informed in a written reply to the Lok Sabha that, Maritime India Vision 2030 envisions Chennai-Kamarajar-Cuddalore cluster to become Mega Port
August 2, 2025

DG Shipping tightens oversight on Foreign Certificates of Competency held by Indian Seafarers

Maritime, Education, Maritime safety, Seafarers, Shipping, Shipping Line, Trade, Trending News
MUMBAI : In a decisive move to safeguard the integrity and credibility of maritime training and certification in India, the Directorate General of Shipping (DG Shipping), under the Ministry of Ports, Shipping and Waterways,
August 2, 2025

CONCOR CMD meets Tata Group Chairman to explore Strategic Collaboration in Logistics

Logistics, Business, Company, ICD, Infrastructure, Rail Freight, Railway, Supply Chain, Trade, Transport, Trending News
NEW DELHI : In a significant move towards transforming India’s multimodal logistics landscape, Shri Sanjay Swarup, Chairman and Managing Director of Container Corporation of India Ltd. (CONCOR), met with Shri N. Chandrasekaran, Chairman of
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