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October 14, 2024

ClassNK awards notation for safe transportation of EVs to EASTERN CAR LINER’s car carrier ‘POSITIVE CHALLENGER’

International Shipping, Shipping Line, Transport, Trending News
TOKYO : ClassNK granted its ‘AFVC(FD)(EV)’*1 notation to ‘POSITIVE CHALLENGER’, a car carrier operated by EASTERN CAR LINER, LTD. and managed by ECL Shipmanagement Limited, for vessels equipped with additional firefighting measures for transporting electric vehicles
October 14, 2024

Anthony Vender pioneers Wind-Assisted Propulsion on Gas Carrier

International Shipping, Maritime, Trending News
ROTTERDAM : Anthony Veder proudly announces the launch of two VentoFoils sails onboard of Ethylene carrier Coral Patula, delivered by Econowind. With this installation, Anthony Veder is the first worldwide to install sails onboard
October 11, 2024

Prime Minister’s participates in the 21st ASEAN-India Summit in Lao PDR

Trade, Associationn, Economy, Finance, Global Trade, Trending News
LAO PDR : The 21st ASEAN-India Summit was held in Vientiane, Lao PDR, on 10 October 2024. Marking a decade of India’s Act East Policy, Prime Minister Shri Narendra Modi joined ASEAN leaders to
October 11, 2024

India Post issues special Postage stamp to recognise 25 years of Mundra Port, released by Gujarat CM

Logistics, Ports, Trade, Trending News
GANDHINAGAR : In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Shri Bhupendrabhai Patel released a commemorative postal stamp to honour the port’s contributions to India’s maritime and economic growth. The event, held on
October 11, 2024

JSW Infra receives LOI from MMB for developing all weather and multipurpose port in Palghar

Maritime, Ports, Trade, Transport, Trending News
MUMBAI : JSW Infrastructure announced that it has received has Letter of Intent from Maharashtra Maritime Board (MMB) for “Development, Operation, Management and Maintenance of an All Weather and Multipurpose Port at village Murbe
October 11, 2024

Ministry of Textiles celebrates ‘World Cotton Day’ 2024

EXPORT, Business, Economy, Trade, Trending News
NEW DELHI : The Union Minister of Textiles, Shri Giriraj Singh attended the celebration of World Cotton Day 2024 here . The Ministry of Textiles jointly hosted the conference with Confederation of Indian Textile
October 11, 2024

RBI proposes no Foreclosure Penalty on MSMEs loans

Trade, Business, Finance, Trending News
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment penalties on any floating rate term
October 11, 2024

World Bank raises India’s growth outlook for FY25 to 7% from 6.6 %

Economy, Finance, Global Trade, Trending News
LONDON : The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing
October 11, 2024

Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe

International Shipping, Shipping Line, Trending News
FELIXTOWE : A.P. Moller – Maersk has celebrated the naming of its latest dual-fuel methanol container vessel “Alexandra Maersk”. UK’s Maritime Minister Mike Kane, representatives of the IMO, customers and Maersk employees joined the
October 11, 2024

New multipurpose terminal opens in East Java

Ports, Container Terminal, Logistics, Trending News
JAVA : New multipurpose International Container Terminal Services (ICTSI) officially opened in Lamongan Regency, Indonesia, on Wednesday, October 2. Construction of the East Java Multipurpose Terminal (EJMT) began in March 2023, and within 18
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