India-US TPF Meet to be held on Jan 11
NEW DELHI : The India-US Trade Policy Forum (TPF), a forum to resolve trade and investment issues between the two countries, will hold a meeting in Washington on
MV Sea Xpress tilted at MICT, stabilised
AHMEDABAD : In a bizarre incident, a Panama-flagged vessel tilted at the Mundra international container terminal (MICT) operated by DP World at Mundra Port, on Saturday afternoon. The vessel, Sea Xpress, had just
Drone deliveries in India poised for a big leap
NEW DELHI : A couple of days before the New Year, an unidentified flying object crash-landed on the tracks of Delhi Metro’s Magenta Line. Blood was spilled; it
Gati Shakti National Highway projects’ proposals get streamlined
NEW DELHI : The Centre has revised the format for consultations on National Highway projects. The move that is aimed at offering comprehensive operational estimates so that road
Saudi Ports record 13% annual rise in 2022 freight tons
RIYADH : The Kingdom’s maritime trade hubs have seen a yearly increase of 13% in cargo throughput during the year 2022, handling an estimated 237 million tons compared
Saudi Arabia set to overtake India as fastest-growing major economy in 2023
RIYADH : Saudi Arabia is set to overtake India as the fastest-growing major economy in 2023, driven by gains from energy prices. According to official data released by
Indian Bank to hold special Rupee Vostro accounts if three banks of South Asian Island Nation
NEW DELHI : Indian Bank, which has had a long presence in Sri Lanka, has received the regulatory go ahead to hold special Rupee Vostro accounts of three banks from
UK’s container port trials Hydrogen-Fuelled Tractor
The first hydrogen-fuelled tractor will be used at the container terminal at the Port of Immingham in the United Kingdom The British port operator, Associated British Ports (ABP)
Black Sea shipping rates rise as reinsurers cut cover
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk
Ship robbery in Asia rises, Singapore Strait remains major concern
Ship robbery at Asian water increased by nearly 4% in 2022 compared to the previous year. In the just concluded year some 80 incidents took place, compared to