Two tankers attack by Yemen’s Houthi rebels strike ships in the Red Sea
SANA : Yemen’s Houthi rebels on Monday said they targeted two tankers in the Red Sea with missiles and drones after a British security agency reported several attacks
Chinese research vessel heading to Maldives again, 3rd port call likely in island country this year
MALE CITY : Chinese research vessel Xiang Yang Hong 03 entered the Indian Ocean on Friday and was on its way to the Maldives, local media reported. The ship has
US importers balk at return of $10,000 container shipping rate
LOS ANGELES : The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000,
KR Hosts 19th European Committee Meeting in London, Highlighting Decarbonization and Digitalization
LONDON : KR held the 19th KR European Committee (KREC) meeting in London, UK, on July 1st. The KREC, established in 2004, includes members from major international maritime
Boosting African Port Efficiency: Stakeholders conclude key African Development Bank workshop on Con
ABIDJAN : The African Development Bank has successfully concluded a two-day preparatory workshop on implementing the African Ports Connectivity Portal Project (APC-PP) to improve data collection and connectivity
IWAI to provide of technical assistance to transport department for development of NW 101 for naviga
DIMAPUR : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal announced major initiatives aimed at enabling the waterways potential of Nagaland during the Stakeholder’s Conference
India’s total exports estimated to grow at 5.40% in June 2024
NEW DELHI : India’s total exports (Merchandise and Services combined) for June 2024* is estimated at USD 65.47 Billion, registering a positive growth of 5.40 percent vis-à-vis June
Third consecutive increase in merchandise exports, while going through extraordinary logistic challe
NEW DELHI : Responding to the Monthly exports figures of June 2024, FIEO President, Mr Ashwani Kumar said that the third consecutive increase in merchandise exports by 2.55
DFC likely exempt from 18% GST, boosting Indian Railways revenue model
NEW DELHI : India’s Dedicated Freight Corridor, a special-purpose vehicle of the Indian Railways, is likely to be exempted from the purview of an 18 per cent GST,
India is hoping of exports more than $800 billion this year, first quarter crosses $200 billion : Co
NEW DELHI : India is hopeful of exceeding $800 billion in exports this fiscal year with overall exports crossing $200 billion in the first quarter of the fiscal.