Supreme Court dismisses MSME plea against 45-day credit extension rule
NEW DELHI : The Supreme Court on Monday declined to hear a challenge by micro, small and medium enterprises (MSMEs) against Section 43B(h) of the Income Tax Act
ICG detains Iranian boat, with six Indians onboard, off Kerala coast
KOCHI : The Indian Coast Guard (ICG) detained an Iranian fishing vessel, with six Indian crew, west of Beypore off the coast of Kerala late on May 05,
CMA CGM to strengthen and reshuffle its Africa lines – India Middle East Gulf services
MARSEILLE : CMA CGM announced the revamping of its India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1: Coega will
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20%
Lakshadweep Government ignores Beypore and starts more ship services to Mangaluru
KOZHIKODE : Ties between Beypore Port and Lakshadweep appear to be eroding as the island government has resumed passenger ship services to Mangaluru. Citing inadequate infrastructural facilities at
Cosco Shipping launches world’s first battery-electric container ship
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou.
BRICS : Major crash for US Economy has begun : Experts
SHANGHAI : With the BRICS Alliance further pursuing its de-dollarization efforts, a major crash for the US economy has begun, according to one expert. Indeed, Robert Kiyosaki, the
Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cas
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the
Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering
CAPE TOWN : South African Nouum Engineering, a leading provider of diesel engine services for marine, power, locomotive and generators globally and Mauritius-based ship repair and conversion yard
VPA creates history by handling the largest ever container vessel “MSC Teresa”
VISAKHAPATNAM : The Visakhapatnam Port Authority (VPA) have created history by handling MSC TERESA, the largest ever Container Vessel to call at any Indian Port on the East