Maersk schedules dozens of vessels to travel via Suez Canal
COPENHAGEN : Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks, it said on
Tesla is finalizing negotiations for its first manufacturing plant in Gujarat, announcement expected
GANDHINAGAR : Tesla is all set to enter India with its manufacturing plant in Gujarat next year. The negotiation for the establishment of the first manufacturing unit of
India to become largest economic superpower by end of century : CEBR
NEW DELHI : India will emerge as the largest economic superpower by the end of the century, with gross domestic product (GDP) 90 per cent larger than China’s
Red Sea Crisis : Shipping industry association warns rerouting may spike costs by 80%
MUMBAI : The rerouting of ships to Europe via the Cape of Good Hope due to ongoing attacks on containers in the Red Sea could lead to an
Indian Navy centre’s report highlights maritime security threat from drone attacks in Indian O
NEW DELHI : In its November 2023 monthly report, the Indian Navy’s Information Fusion Centre – Indian Ocean Region (IFC-IOR) emphasised the increasing peril of drone attacks in
Uttarakhand Merchant Navy Sailor goes missing from ship En Route to Turkey
DEHRADUN : The family of a merchant navy sailor has sought the Uttarakhand government’s help after he went ‘missing’ from onboard a ship En Route to a Port
Engineering exports to Russia rise 140% to $1 billion
NEW DELHI : Due to the payment system in Rupees, the export of engineering goods from India to Russia is increasing. According to available data, in the April-November
Basmati prices have fallen as a restive Red Sea hurts exports
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market,
Paper industry to continue to prosper as the country grows economically: Piyush Goyal
NEW DELHI : Union Minister of Commerce & Industry Shri Piyush Goyal said that the paper industry will continue to prosper as the country grows economically. While addressing the
CMA CGM close to top spot in intra- Mediterranean market
MARSEILLE : CMA CGM is about to surpass Mediterranean Shipping Company (MSC) as the largest intra-Mediterranean operator, according to Alphaliner. The French carrier has increased the number of