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June 13, 2024

Saudi Red Sea Authority & ECZA Sign a Cooperation Agreement

International Shipping, Cruise Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA) signed a cooperation agreement with the Economic Cities and Special Zones Authority (ECZA), to cooperate, integrate, and coordinate in facilitating procedures of coastal tourism activities and projects.
June 13, 2024

Berg secures Louis Dreyfus Armateurs propulsion package for wind-assisted Airbus ro-ro vessels

International Shipping, Maritime, Shipping Line, Technology, Trending News
SHANGHAI : BERG Propulsion has won a contract covering the hybrid propulsion solution that ensure three wind-assisted Louis Dreyfus Armateurs (LDA) ro-ro vessels will maximize efficiency regardless of their mode of operation. Following delivery
June 13, 2024

Qupital Welcomes HSBC and Citi as Senior Investors of Securitization Facility

Logistics, COMMERCE, Finance, Global Trade, International Shipping, Trending News
HONG KONG : Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, is pleased to announce the successful refinancing of its securitization facility, where HSBC joins Citigroup as
June 12, 2024

Sarbananda Sonowal taken charge at the Ministry of Ports, Shipping & Waterways

Ports, Shipping, Trending News
NEW DELHI : The Union Minister Shri Sarbananda Sonowal took charge of the Ministry of Ports, Shipping & Waterways on Monday, 10th June here. Addressing the office bearers as well as the staff, the
June 12, 2024

India’s exports have already started picking after a weak year: Unmesh Wagh, Chairman, JNPA

EXPORT, Ports, Shipping, Trade, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) will aim to handle 7 million TEU of cargo in FY25, up from 6.42 million TEU in FY24, Mr. Unmesh Wagh, Chairman, JNPA, told Moneycontrol in an interview. Mr.
June 12, 2024

FFFAI joins Gujarat Maritime Cluster at a meeting in GIFT City

Logistics, Finance, Global Trade, Maritime, Trending News
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI), under the leadership of Chairman Mr. Dushyant Mulani, organized a delegation visit for its members to the Gujarat International Finance Tec-City (GIFT City)
June 12, 2024

Modi 3.0: FM Sitharaman is all set to present seventh Budget in a row

Finance, Economy, Trade, Trending News
NEW DELHI : As the country’s Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman, 64, is set to become the first Finance Minister to present seven consecutive Budgets — six full and one interim and will
June 12, 2024

Giriraj Singh takes charge of Union Ministry of Textiles

Trade, Business, Economy, Trending News
NEW DELHI : Union Minister Shri Giriraj Singh officially took charge of the Ministry of Textiles, here. Former Union Minister of Textiles Shri Piyush Goyal handed over the charge to Shri Singh in the
June 12, 2024

88% of overall work of Vizhinjam seaport is complete ; trial run by June end

Maritime, Ports, Trending News
THIRUVANANTHAPURAM : Over 88% of the overall work related to the under-construction Vizhinjam International Seaport is over and the first trial run of the port’s operations can be conducted by June-end, the government informed
June 12, 2024

India to remain fastest growing big economy in 2024 : World Bank

Trade, Economy, Finance, Global Trade, Trending News
NEW YORK : India, despite a projected slowdown this year, will continue to be the world’s fastest-growing large economy, according to the World Bank‘s latest Global Economic Prospects report. The world’s most populous nation
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