March 26, 2026
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December 6, 2024

CMAI warns of 100,000 job losses, MSME closures due to GST hike on apparel

Trade, Business, COMMERCE, Economy, Finance, Trending News
NEW DELHI : The Clothing Manufacturers Association of India (CMAI) has raised concerns regarding the rate-rationalisation proposal put forward by the Group of Ministers (GoM), chaired by Bihar Deputy Chief Minister Samrat Chaudhary, which
December 6, 2024

PPP model key to foster skilled workforce in maritime sector: Kerala Minister

Ports, Maritime, Private Port, Shipping, Trade, Trending News
KOCHI : As the Public Private Partnership (PPP) model is effective for the progress of the state’s maritime sector, going by the experience of the Vizhinjam port, it will be considered for Kollam, Beypore
December 6, 2024

Global Ship Lease buys high-reefer containerships with 10-year financing committed

Container, Global Trade, International Shipping, Logistics, Trending News
NEW YORK : New York-listed Global Ship Lease, a containership owner leasing ships to container shipping companies, has contracted to purchase four high-reefer 9,115-teu containerships with an average age of 8.5 years for an
December 6, 2024

Baltic index extends losses on weaker capesize rates

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates in capesize vessels. The index, which factors in
December 6, 2024

MYCRANE expands offering with launch of global lifting equipment Marketplace

Port Handling Equipments, Global Trade, Ports, Transport, Trending News
DUBAI : MYCRANE, the first global platform for online crane rental, has expanded its offer with the launch of a new Marketplace to facilitate the international sale and purchase of lifting equipment. Officially launched
December 5, 2024

PM Modi to inaugurate Vizhinjam International Seaport

Ports, Economy, Private Port, Shipping, Trade, Trending News
THIRUVANANTHAPURAM : The Vizhinjam International Port will be inaugurated by Prime Minister Shri Narendra Modi. Ports Minister Shri V N Vasavan confirmed that the inaugural ceremony of the port’s first phase would be a
December 5, 2024

Government awarded around 75 port development projects in major ports in the last 3 years: Sonowal

Maritime, Ports, Shipping, Trade, Trending News
NEW DELHI : Union Minister of Ports, Shipping, and Waterways,Shri Sarbananda Sonowal on Tuesday informed the Parliament that the government has awarded around 75 port development projects in major ports in the last three
December 5, 2024

Piyush Goyal meets René Piil Pedersen, MD of A.P. Moller Maersk Singapore

International Shipping, COMMERCE, Company, Global Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, met with Mr. René Piil Pedersen, Managing Director of A.P. Moller Singapore (Maersk Line), to discuss avenues for collaboration in maritime logistics
December 5, 2024

The President of India attends Navy Day celebration at Puri

Maritime, Defence, Finance, Global Trade, Navy, Trade, Trending News
PURI : The President of India, Smt Droupadi Murmu attended the Navy Day celebration and witnessed the Operational Demonstration conducted by the Indian Navy at Puri Beach, Odisha on December 4, 2024. Speaking on the occasion, the President
December 5, 2024

Adani Gangavaram Port launches first Economic Grab Ship Cranes in India

Ports, Company, Maritime, Shipping, Trending News
VISAKHAPATNAM : Adani Gangavaram Port, the deepest and one of the most modern ports in India announced the launch of two state-of-the-art Economic Grab Ship Cranes, marking a significant milestone as the first in
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