July 19, 2024
March 21, 2026
July 19, 2024
Dry bulk newbuild contracting fell 34.2%, despite a strong market : BIMCO
LONDON : “During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices could be deterring contracting, yet in
July 19, 2024
ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
TOKYO : ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) regarding a joint study for the design and safety specifications
July 18, 2024
Piyush Goyal holds meetings with counterparts at G7 Trade Ministers’ meet in Italy
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, attended the G7 Trade Ministers’ meeting held at Villa San Giovanni, Reggio Calabria, Italy. The meeting served as a pivotal platform for
July 18, 2024
Gujarat CM approves Rs 1,740 Cr to strengthen road infrastructure in state’s industrial and quarry areas
GANDHINAGAR : Gujarat Chief Minister Shri Bhupendra Patel has granted in-principle approval for the allocation of Rs 1,470 crore to upgrade and strengthen roads connecting industrial and quarry areas, thereby enhancing road infrastructure in
July 18, 2024
FSSAI rejects import of over 1550 food items on grounds of food safety
NEW DELHI : The Food Safety and Standards Authority of India (FSSAI) has reportedly rejected the import of over 1,550 food products over the course of the last two years. In the financial year
July 18, 2024
‘China ready but I want India to do it’: Bangladesh PM Sheikh Hasina on key $1 billion river project
DHAKA : Bangladesh Prime Minister Sheikh Hasina said her government would prefer neighboring India execute a $1 billion river development project, a move that would soothe New Delhi’s security concerns. “China is ready but
July 18, 2024
ADB keeps India’s GDP growth projection for FY25 unchanged at 7%
NEW DELHI : Asian Development Bank kept India’s FY25 growth forecast unchanged at 7 percent from its April outlook, according to its latest report released on July 17. The Asian lender projected the economy
July 18, 2024
Two weeks to go before TMS Awards nominations close
DUBAI : Preparations are gathering pace for the TMS Awards 2024, which will be held at the Atlantis, The Palm, on Wednesday November 6th. This is the most prestigious event of its kind on
July 18, 2024