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February 4, 2025

World’s longest cargo sail ship launched in Turkey

International Shipping, Foreign Ports, Maritime, Trending News
TUZLA : The world’s longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon emissions from merchandise trade. The 136-meter (450-foot) Neoliner Origin was floated at the Turkish
February 4, 2025

Top quality speakers announced for The Maritime Standard Ship Finance and Trade Conference 2025

International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
DUBAI : The TMS Ship Finance and Trade Conference will be held on February 18th at the Taj Exotica Resort on the Palm, Dubai and several top-quality speakers have now been confirmed as the
February 4, 2025

Decarbonisation: The Shipping Industry’s most pressing challenge in 2025

Fuel, International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
LONDON : Navigating the future of sustainability in shipping through biofuels, ETS taxation and emissions certificates. In the last few years, heavy emitters have witnessed the development of decarbonisation solutions, with financial markets facilitating
February 4, 2025

Baltic Index ticks higher as Panamax Rates climb

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Monday, buoyed by gains in the panamax vessel segment. The index,
February 3, 2025

PM Modi lauds Union Budget 2025 as ‘Janata Janardan Ka Budget’

Trade, Economy, Finance, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi on Saturday lauded the Union Budget 2025, calling it a “Janata Janardan Ka Budget” and emphasising its people-centric approach that will propel India’s development journey. Sharing
February 3, 2025

Union Budget 2025 boosts Shipbuilding with New Mega Clusters in India : Sonowal

Maritime, Ports, Ship Building, Ship Repair, Shipping, Trending News
NEW DELHI : The Union Budget has placed strong impetus to realise the huge potential of India’s shipping sector. The forward-looking document aims at further enabling India’s shipbuilding industry with spurring & innovative initiatives
February 3, 2025

Union Budget 2025-26 : India to set up $3-billion maritime development fund for shipping industry

Maritime, Economy, Ports, Ship Building, Ship Repair, Shipping, Trade, Trending News
NEW DELHI : India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country’s shipbuilding and repair industry, Finance Minister Smt. Nirmala Sitharaman said on Saturday while presenting
February 3, 2025

“Historic, characterised to accelerate economy”: Union Minister Nitin Gadkari hails Union Budget 2025

Logistics, Economy, Infrastructure, Trade, Transport, Trending News
NEW DELHI : Union Minister Shri Nitin Gadkari on Saturday praised the Union Budget 2025 stating that it was characterised at accelerating the growth of the country’s economy. The Minister of Road Transport and Highways said that the
February 3, 2025

Piyush Goyal calls Budget 2025-26 a transformational step toward a developed India

Export - Import, Business, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal hailed the Union Budget 2025-26 as a transformational budget, with a balanced and forward-looking approach. “Continuity is evident in the Budget, but very strategic
February 3, 2025

Union Budget 2025 approved Indian Railways Rs 2.52 lakh crore, including 200 Vande Bharat trains : Ashwini Vaishnav

Railway, Economy, Finance, Infrastructure, Trade, Trending News
NEW DELHI : Union Minister Shri Ashwini Vaishnaw on Saturday said the Budget 2025-26 maintained the government’s continuous push to improve Indian Railways by allocating Rs 2.52 lakh crore to it and approving projects
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