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June 26, 2024

PSA Singapore, NTU Singapore and Chiyoda Japan begin dehydrogenation demonstration for green heavy vehicles

International Shipping, Global Trade, Logistics, Ports, Trending News
SINGAPORE : PSA Singapore (PSA), Nanyang Technological University, Singapore (NTU Singapore), and Japan’s Chiyoda Corporation (Chiyoda) have begun testing how hydrogen can be transported and stored as methylcyclohexane (MCH)1 , a liquid form at
June 26, 2024

Two shipping companies selected for Kochi-Dubai passenger service

Cruise Tourism, Ports, Shipping, Trending News
KOCHI : Two shipping companies have been selected to provide passenger ship service from Kochi to Dubai, announced Minister for Cooperatives and Ports V N Vasavan here on Tuesday. Speaking to media persons after
June 26, 2024

VIKING ambulance boat order adds to Greek island health care performance

International Shipping, Global Trade, Maritime, Trending News
DENMARK : VIKING Life-Saving Equipment, a global leader in maritime safety solutions, has secured a new order for 11 ambulance boats from the Hellenic Coastguard, expanding the coverage provided by VIKING Norsafe vessels to
June 26, 2024

IMarEST gives back to the seafarer community with special membership fees

International Shipping, Education, Maritime, Trending News
LONDON : The Institute of Marine Engineering, Science & Technology (IMarEST) on Tuesday, June 25 celebrated International Day of the Seafarer by announcing a special membership rate for those employed at sea.  Susan Foster, Membership and
June 26, 2024

OGCI partners with GCMD to advance solutions to decarbonize shipping

International Shipping, Maritime, Trending News
SINGAPORE/ LONDON : The Oil and Gas Climate Initiative (OGCI) and the Global Centre for Maritime Decarbonisation (GCMD) announced a two-year coalition partnership agreement to work on a range of solutions to decarbonize the
June 25, 2024

Celebrating seafarers worldwide on 25 June: International Day of the Seafarer

International Shipping, Maritime, Shipping, Shipping Line, Trending News
LONDON : On International Seafarers’ Day, IMO Secretary-General Arsenio Dominguez pays tribute to the 2 million seafarers who keep global markets and supply chains running. In a video message to seafarers, Mr Dominguez noted: “Seafarers have
June 25, 2024

Budget 2024 date live updates : FM Nirmala Sitharaman likely to table Union Budget on July 23 or 24

Trade, Economy, Finance, Infrastructure, Trending News
NEW DELHI : Budget 2024 Live Updates: With the PM Narendra Modi-led NDA Government sworn in, and after the 53rd GST Council already having announced several recommendations post its meeting on June 22, Finance Minster Smt Nirmala
June 25, 2024

India’s textile export markets getting better — industry experts examine the recovery trends

EXPORT, Economy, Global Trade, Trade, Trending News
NEW DELHI : The export data for the month of May showed that India’s textile exports increased by 11.2% compared to the previous year, marking the highest growth in 18 months and the best
June 25, 2024

Govt proposes new bank to bridge credit gap for MSMEs

EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The government is considering a proposal to set up a separate bank for direct lending to the micro, small and medium enterprises (MSMEs) to deepen credit flows to the under-penetrated sector
June 25, 2024

UK surpasses China to become India’s 4th largest export market

Trending News, COMMERCE, Economy, EXPORT, Trade
NEW DELHI : The United Kingdom (UK) has overtaken China to become India’s fourth-largest export market in May 2024, commerce department data showed. The UK was India’s sixth-largest export destination in May last year. While exports to the UK grew by
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