Vice Admiral Dinesh Kumar Tripathi appointed as the next Chief of the Naval Staff
19.04.2024
The present Chief of the Naval Staff, Admiral R Hari Kumar, PVSM, AVSM, VSM retires from service on April 30, 2024.Born on May 15, 1964, Vice Admiral Dinesh Kumar Tripathi was commissioned into the.....
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US probes Chinese shipbuilding pricing
19.04.2024
Speaking in Pittsburgh to a steelmaking union yesterday( 17 April) President Joe Biden announced plans to triple the tariff rate on steel and aluminum imports from China while the US Trade Represen.....
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Tatas in talks to buy stake in Fabindia’s apparel line
19.04.2024
The Tata group is understood to be in talks with the promoters and shareholders of Fabindia for a stake or outright buy of the ethnic apparel business, sources said.Talks are still going on, but s.....
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Cruise Industry’s New Passenger Record in 2023 recovering from the pandemic impacts
19.04.2024
The Cruise Lines International Association (CLIA) released its annual State of the Cruise Industry report, revealing robust growth in the sector still recovering from pandemic impacts. In 2023, the.....
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Canada Raises Penalties for Maritime Violations under the Canada Shipping Act, 2001
19.04.2024
Canada’s Minister of Transport, Pablo Rodriguez, has announced a substantial increase in the value of monetary penalties for violations under the Canada Shipping Act, 2001. The maximum penalty has.....
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Geopolitical conflict threatens yet another shipping choke point
19.04.2024
The latest potential flashpoint is the Strait of Hormuz. It’s a vital artery that carries around a fifth of the world’s oil. It’s been at the centre of numerous geopolitical tensions for many.....
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Google’s cost effective move, lays off employees, shifts some roles abroad amid cost cuts
19.04.2024
Understandably, Giants too need money to continue as giants.The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but d.....
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Tata explores Jaguar Land Rover EV imports, considers TN plant for JLR cars
19.04.2024
To be abreast with the moves of the government, Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that lowers i.....
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Logistics platform ClickPost raises funds to launch AI-driven modules
19.04.2024
According to the company, the funding will be used for launching new AI-driven modules, global growth and hiring.Moreover, the company said more than 300 enterprises across India, North America, AP.....
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Ann Tessa Joseph, the only woman among 17 Indian crew members in cargo ship seized by Iran returns to India today
19.04.2024
Kerala-based Ann Tessa Joseph, one of the Indian crew members of a cargo ship, seized by Iran, returned to India on Thursday18 April.“At the airport, Ms Joseph was received by the Regional Passpor.....
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Mumbai High Court dismisses PIL challenging DTEPA nod to Vadhavan Port
19.04.2024
The Mumbai High Court on Thursday 18 April dismissed a public Interest Litigation (PIL) brought by Conservation Action Trust, environmentalist Debi Goenka and a writ petition filed by National Fish .....
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FTA announces $316 million to modernize ferry services
18.04.2024
The U.S. Department of Transportation’s Federal Transit Administration (FTA) today(17 April) announced the availability of $316 million to support and modernize passenger ferry service i.....
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Indian Coast Guard apprehends an Indian fishing boat with unauthorised cash, reportedly involved in diesel smuggling, off Maharashtra coast
18.04.2024
The Indian Coast Guard (ICG) has apprehended an Indian fishing boat carrying unauthorised cash, reported to be involved in the smuggling of diesel, 83 nm northwest off Mumbai. Based on a tip off fr.....
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Apple’s Tim Cook Charts Course for Manufacturing in Indonesia, Redefining Supply Chain Footprint
18.04.2024
This strategic move aims to diversify Apple’s supply chain away from China, where its main production currently resides, reducing dependency and mitigating disruptions like those caused by COVID-1.....
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Indians on seized ship ‘MSC Aries’ not detained, to return home once weather improves: Iran envoy
18.04.2024
He added that the crew of the ship have not been detained and they can leave the ship whenever they wish to.According to the Iranian envoy, the weather situation in the Persian Gulf is not good and .....
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FBI opens criminal probe in Baltimore bridge collapse
18.04.2024
Federal Bureau of Investigation agents early Monday 15 April boarded the Singapore-flagged container ship, which remains disabled on the Patapsco River, the bureau said in a statement. “The F.....
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India-UK to hold further talks on FTA this week with the Indian delegation going to London
18.04.2024
“A team is going to the UK this week. There are very few pending issues left in the negotiation,” said Commerce Secretary Sunil Barthwal on Monday,15 April while declining to identify the.....
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S.K.Mehta, IFS, Ex-Chairman, DPA given warm farewell by DPA HODs and Kandla Port Karmachari Sangh
18.04.2024
A farewell is a very pleasant function when everyone involved is happy; moreover, it is an expression of love and gratitude to those who receive farewell because they should have meant well for all.....
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National Maritime Day 2024: Sagar Samman Awards and Recognition
18.04.2024
Ministry of Ports, Shipping and Waterways (MOPSW) celebrated the 61st National Maritime Day (5 April 2024) with awards and recognition in the maritime sector. The event was held at the Yashwantrao.....
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Large loads to Europe stranded in Indian ports after MSC Aries seizure
18.04.2024
Indian shippers and freight forwarders are again facing cargo flow hiccups…The latest blow comes from the seizure on Saturday 13 April of the MSC Aries by Iranian military forces near the en.....
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Hong Kong drops out of world’s top 10 busiest container ports
18.04.2024
HK saw traffic last year drop 14.1%, to 14.3m teu, establishing the long-term decline of what was always a leading container port – 20 years ago it regularly vied with Singapore and Shan.....
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Dr Namjoshi Hospital set to win J N Port Hospital upgradation deal
18.04.2024
For upgrading the Jawaharlal Nehru Port Authority Hospital into a 100-bedded multi-specialty hospital on Public Private Partnership (PPP) mode,Dr Namjoshi Hospital has emerged the winning bidder wi.....
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GAIL plans capacity expansion; LNG Terminals underutilized; however, Chairman hopes this will be gradually resolved
18.04.2024
The gas transporter plans to raise the capacity of its Dabhol terminal to 12 million tonnes per annum (mtpa) in a phased manner by 2030-31, GAIL chairman Sandeep Kumar Gupta said.Currently, the term.....
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