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October 16, 2024

IMC elects Devki Nandan as Chairman

Maritime, Ports, Shipping, Trending News
NEW DELHI : The Board of Indian Maritime Centre (IMC), has elected Mr. Devki Nandan as Chairman and Mr. Shankar Shinde as Vice Chairman during its first meeting on Monday. Capt Sankalp Shukla will
October 16, 2024

Centre to offload 5% stake in Cochin Shipyard through OFS at ₹1,540 per share

Shipyards, Business, Trade, Trending News
NEW DELHI : The Narendra Modi Administration announced plans to divest a 5% stake in Cochin Shipyard Ltd through an Offer for Sale (OFS), with the minimum share price set at ₹1,540. The OFS is scheduled to
October 16, 2024

Indian Govt warns Google Chrome, Android users about high-risk issues; here’s how to stay safe

Digitalisation, Economy, Finance, Global Trade, Technology, Trending News
NEW DELHI : The Indian Government has warned users of Google Chrome and Android about serious security problems. These issues, found by the Indian Computer Emergency Response Team (CERT-In), could allow hackers to take
October 16, 2024

DGFT reduces export obligation compliance

EXPORT, Business, Global Trade, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has reduced the compliance requirements on the fulfilment of an export obligation, which aims to increase the ease of doing business. The DGFT has amended chapter
October 16, 2024

PIL names its first two 14,000 TEU LNG dual-fuel container vessels

International Shipping, Fuel, Trending News
SINGAPORE : Pacific International Lines (PIL) has named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China. They are the largest vessels in PIL’s fleet as well as
October 16, 2024

Cargo Ship Saltwind Explorer grounded & refloated with experienced, brave & timely assistance from Pilot Officer; Captain Joshi

Maritime, Shipping, Trending News
BHAVNAGAR : In a dramatic turn of events, the cargo ship Saltwind Explorer, bearing IMO No. 9483243, faced a serious incident at the Bhavnagar anchorage point when both its anchors broke off amid powerful
October 16, 2024

Logistics automation startup Elixia raises USD 1 mn

Logistics, Business, Company, Trade, Trending News
NEW DELHI : Logistics automation startup Elixia has raised USD 1 million (about Rs 8.4 crore) in a funding round led by JITO Incubation and Innovation Foundation (JIIF). Other investors include Motilal Oswal (Motilal
October 16, 2024

Romanian-German-Estonian Team delivers specification for Port Community System (PCS) to Port of Constanta

Foreign Ports, International Shipping, Maritime, Trending News
HAMBURG : Romanian IT company Critical Technologies SRL (consortium leader), German port consultancy HPC Hamburg Port Consulting (HPC), and two Estonian maritime and shipping partners, EN Shipping OÜ and Saaresalu OÜ, have delivered a
October 16, 2024

Mr. Marine appoints Charles Laarhuis as new CEO

International Shipping, Global Trade, Trending News
Mr. Marine is pleased to announce the appointment of Charles Laarhuis as its new Chief Executive Officer, effective 15 October 2024. Mr. Laarhuis succeeds Karel Peters in leading the global operations of the fast-growing
October 15, 2024

Gujarat will lead India’s effort to become developed nation by 2047: CM Patel

Trade, Economy, Global Trade, Trending News
GANDHINAGAR : Gujarat Chief Minister Shri Bhupendra Patel on Monday said the state will lead India’s effort to become a developed nation by 2047 in ‘Amrit Kaal‘ by serving as the country’s growth engine.
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