October 18, 2024
March 24, 2026
October 18, 2024
IWT offers robust growth opportunities via PPPs
NEW DELHI : The Indian Inland Waterways Transport (IWT) sector presents significant opportunities for growth through public-private partnerships (PPPs), and the government is eyeing expansion of the PPP model to drive development, according to
October 18, 2024
HSL signs contract with VPA for 60T BP Tug construction
NEW DELHI : Hindustan Shipyard Limited (HSL) signed a contract with Visakhapatnam Port Authority (VPA) on Wednesday for construction of 60T Bollard Pull Tug. The tug will be designed in-house with IRS Class, is
October 18, 2024
India set to become third-largest Global Economy by 2030 : S&P Global
NEW DELHI : India is on track to become the world’s third-largest economy by 2030, but its rising population poses significant challenges in ensuring basic services and meeting growing investment demands, according to a
October 18, 2024
DP World secures 47,000 TEUs to enhance capacity and customer experience
DUBAI : For the first time, DP World has successfully acquired 47,000 TEUs, which have been officially registered and branded under the company’s name. This addition will enhance DP World’s cargo capacity, enabling a swift and
October 18, 2024
Red Sea shipping crisis : Oil flows through Bab el-Mandeb Plummets by over half in 2024
DUBAI : The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the U.S. Energy Information Administration,
October 18, 2024
Bangladesh Shipping Ministry issues warning against trade with sanctioned vessels
DHAKA : The Department of Shipping in Bangladesh, under the Ministry of Shipping, has issued a stern warning to all maritime stakeholders in the country, prohibiting any engagement with vessels or cargoes subject to
October 18, 2024
After September high, India’s diesel exports may lose steam on lower margins, domestic demand
NEW DELHI : According to energy intelligence firm Vortexa, India’s Diesel Exports rose by 44 per cent month-on-month (m-o-m) and 21 per cent year-on-year (y-o-y) to clock around 656,760 barrels per day (b/d) last
October 18, 2024
Ukraine requests monitoring mission at Odesa Ports amid Russian strikes
ODESA : Minister of Foreign Affairs Andrii Sybiha held negotiations with his colleagues from the Nordic-Baltic Eight countries, Foreign Ministers Maria Malmer Stenergard (Sweden), Lars Løkke Rasmussen (Denmark), Margus Tsahkna (Estonia), Baiba Braže (Latvia),
October 18, 2024