As Iran-Israel conflict intensifies, India Inc feels the heat
NEW DELHI : Iran-backed Hezbollah has launched a barrage of rockets at an Israeli army headquarters days after Tehran made a “maximum level response” warning to Israel. Iran
Plain gold jewellery exports grew by 61.72% to US$ 6792.24 million in FY 2023-24
NEW DELHI : For the FY 2023-24, exports of Plain Gold Jewellery grew by an impressive 61.72% to US$ 6792.24 million as compared to US$ 4199.96 million in FY 2022-23. Total Gold
Vizhinjam International Seaport’s trial run of cargo operations will begin from May onwards
THIRUVANANTHAPURAM : The trial run of cargo handling operations at Vizhinjam International Seaport will start by the end of May 2024. Yard and ship-to-shore cranes brought to the
Offshore wind farm project at VOC to cost ₹450cr, to produce 500MW in phase-1
THOOTHUKUDI : Union Shipping Ministry planning to develop an offshore wind terminal at VOC Port here, the estimated project cost has been pegged at ₹450 crore, according to
India working on improving fares for coastal shipping, revamps coal transport pricing
NEW DELHI : An inter-ministerial group is re-examining the mechanism to “improving” fares for transport of coal under the rail-sea-rail route, also called coastal shipping. The idea is
Baltimore accuses Dali owner and manager of negligence and recklessness
BALTIMORE : Baltimore City Council is seeking compensation from the owner and manager of the container ship M.V. Dali over the Francis Scott Key Bridge collapse. In papers
India will become fourth-largest economy by 2025 : IMF
WASHINTON D.C. : India’s nominal gross domestic product will likely outstrip Japan’s in 2025 to become the world’s fourth-largest economy, according to an International Monetary Fund estimate, a year earlier than
Hapag-Lloyd wins landmark tender for Zero-Emission Maritime Shipping
HAMBURG : The Zero Emission Maritime Buyers Alliance (ZEMBA) announced the successful completion of its first ever tender for sustainable ocean shipping, marking a significant step towards reducing
SEZ units exempt from IGST on certain services from DTA players : AAR ruling
NEW DELHI : Units operating within Special Economic Zones (SEZs) could potentially be exempt from paying the integrated goods and services tax (IGST) on specified services taken from
IMO’s maritime law institute celebrates 35 years of training success
LONDON : The IMO International Maritime Law Institute (IMO-IMLI) celebrated its 35th anniversary with testimonies from alumni and discussions about how to shape its future. IMO-IMLI was founded
