ICG detains Iranian boat, with six Indians onboard, off Kerala coast
07.05.2024
After intercepting the boat, an ICG team boarded the vessel and thoroughly investigated it to check the involvement of any anti-national activity. Initial investigation revealed that the owner of t.....
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Supreme Court dismisses MSME plea against 45-day credit extension rule
07.05.2024
The rule aims to regulate credit practices in the MSME sector and ensure timely payments to address working capital issues these businesses often face. Under the provision, if an MSME registered un.....
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High GST rate is a big factor in low sales of entry-level cars: FADA
07.05.2024
Goods and services tax (GST) should come down to at least 18 per cent for automobiles, as it is one of the main reasons for small cars and entry-level two-wheelers not picking up sales, Manish Raj .....
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EU second-hand tanker market March 2024 releases a legal firm
07.05.2024
As the EU continues to take measures to restrict Russia’s ability to trade its crude oil and petroleum products, it has moved to try and introduce greater transparency into the second-hand tanker .....
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Troops, injured in landing craft collision,returned to duty or stable
07.05.2024
Thirty-four service members have returned to duty and one sailor is in stable condition as of Friday, May 3, following a collision between two landing craft off the coast of Florida last we.....
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NUSI Triennial General Body Meeting
07.05.2024
The Triennial General Body meeting of National Union of Seafarers of India (NUSI) was held on 6 May, 2024 at 10:30 a.m. at Kesar Baug Hall, 2nd Principal Shaikh Hasan Marg, Off. Shaida Marg. Hazrat Im.....
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Maersk to continue to avoid Red Sea for the foreseeable future as the Houthi attacks continue and expand
07.05.2024
In an update to customers Maersk said :“To safeguard our crew, vessels, and your cargo, we are rerouting around the Cape of Good Hope for the foreseeable future. However, the risk zone .....
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Baltimore Bridge Collapse
07.05.2024
Salvage crews are continuing preparations for the removal of the large bridge piece on top of the Dali.Before removing the bridge piece, salvage teams will consider various hazards and obstacl.....
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Marine heatwave scorches pristine coral reefs of Lakshadweep
07.05.2024
These marine heat waves pose a severe threat to coral health, said scientists at the ICAR-Central Marine Fisheries Research Institute (CMFRI) as they observed alarming levels of coral bleaching, in.....
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Australian Submarine Maintenance to face Possible Disruption Due to Workers Strikes
07.05.2024
Roughly 300 workers at ASC's Osborne shipyard in South Australia walked off the job for an hour on Monday, and a separate meeting of union members voted to continue some form of strikes indefinitely.....
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Montrose the First Scotland Port to Provide Shore Power for Vessels
07.05.2024
A 50/50 self-funded joint venture, Plug Montrose is the result of a £1 million investment and collaboration between Montrose Port Authority and Plug Shore Power Ltd, the UK-based branch of leading .....
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To be future-fit, European ports need massive euro investments in the next decade: study
07.05.2024
In late April 2024, the European Sea Ports Organisation (ESPO) launched the results of the ESPO Port Investment Study 2024. The study offers a comprehensive analysis of the investment.....
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ITF Calls Out "Worst Case of Seafarer Abandonment Ever Seen"/
07.05.2024
According to ITF, the parties that would ordinarily take responsibility - the owner, flag state, or the nation of ownership - have not stepped forward to help. According to ITF, the UAE-based s.....
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Government hosts 'Run for Sun' Marathon in New Delhi to celebrate International Sun Day
06.05.2024
On this day, the Ministry of New and Renewable Energy (MNRE), Government of India, organized a 'Run for Sun' Marathon at Jawaharlal Nehru Stadium, New Delhi. The 'Run for Sun' Marathon, featur.....
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Overall East Coast Port Dwell Times remain Unaffected by Diverted Baltimore Containers
06.05.2024
The March 26 collapse of the Francis Scott Key Bridge and subsequent closure of the Port of Baltimore has led to the diversion of containers originally bound for Baltimore. According to an analysis.....
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Western Sanctions Are Strangling Putin’s Arctic Gas Ambitions
06.05.2024
Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years after the Kremlin’s invasion of Ukraine, it continues to fund a costly war and to prop .....
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Vedanta Sesa Goa & New Mangalore Port Trust join hands to boost coastal transportation of coal
06.05.2024
With an aim to transport 20 KT of coal from Mangalore Port to the VAB-Amona plant, this initiative showcases a strategic shift towards cost-effective and eco-friendly transportation methods.Coal del.....
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VPA’s historic handling of the largest container vessel “MSC Teresa”
06.05.2024
The vessel was berthed at VCTPL by Capt. T. Ravi Kiran & Capt. R. C. Sarma, Dock Masters under the Captainship of Dy. Conservator Sri T. Srinivas. .....
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Karnataka Mango exporters face headwinds: low yield and surge in freight
06.05.2024
The crisis in the Middle East is impacting the mango business. Exporting the fruit has become more challenging as slots are difficult to come by and freight rates are fluctuating wildly. Accord.....
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Turnaround time of ships at Indian Major Ports improved 9% in FY24 by strengthened infrastructure
06.05.2024
Additionally, the total cargo traffic handled by these ports witnessed a 4.5% increase, reaching 819 million metric tonnes. This positive trend can be attributed to several factors, including invest.....
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DP World launches warehousing ops in Goa
06.05.2024
Situated near key transportation hubs, including Mormugaon Port and Dabolim Airport, the Grade A warehouse offers seamless connectivity to major highways. Compliant with safety standards, it.....
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American Express Announces Inauguration of 1 Million Sq Ft Campus in Gurugram focusing employee-well being
06.05.2024
American Express is set to inaugurate its expansive new campus in Gurugram, spanning nearly one million square feet, showcasing the company’s commitment to fostering a vibrant work environmen.....
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FHRAI Hosts Landmark Stakeholders’ Meet in Srinagar to Propel Tourism Development in Jammu & Kashmir
06.05.2024
The Federation of Hotel & Restaurant Associations of India (FHRAI), in association with its associated partner HRANI, organised a landmark Stakeholders’ Meet on 3rd May 2024 at the Radisson C.....
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