Petroleum Minister Hardeep S Puri talks to OPEC Secretary General about recent trends and volatility in global oil markets
20.04.2024
In a telephonic conversation with OPEC Secretary General, H.E. Mr.Haitham Al-Ghais, Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri emphasized the importance of balancing market stabi.....
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Russia builds new Asia trade routes to weaken sanctions over war
20.04.2024
The shipping and rail networks via Iran and an Arctic sea passage could strengthen Moscow’s pivot toward Asian powerhouses China and India and away from Europe. They have the potential to embed R.....
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Shipping industry on track to cut emissions: IMO chief
20.04.2024
“Everything is moving in accordance to the timetable, and then we will make the decisions in 2025,” Mr Arsenio Dominguez told reporters in an interview on April 19 to wrap up the Singapore Marit.....
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India delivers 1st batch of BrahMos supersonic cruise missiles to Philippines
20.04.2024
India on Friday delivered the first batch of BrahMos supersonic cruise missiles and launchers to the Philippines, two years after the two countries signed a deal worth almost $375 million to .....
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CONCOR and PSA MESA signs MoU for cost effective logistics service to customers
20.04.2024
CONCOR is a leading logistics service provider in the country with pan India presence at more than 60 container terminals. PSA MESA is a wholly owned subsidiary of PSA International, a leading glob.....
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Jawaharlal Nehru Port Authority takes strides towards green future with Zero Emission Trucking initiative
20.04.2024
The Chairman of JNPA, Mr. Unmesh Sharad Wagh IRS, participated in a Round Table Convening on Zero Emission Trucking, an event aimed at fostering collaboration among stakeholders involved in design.....
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After industrial zones and satellite cities, warehouse hubs are new boom towns;Bhiwandi and Chennai's Oragadam fall into this category
20.04.2024
Economic development and trading activities will have enormous industrial and consumer products which demand storage; it means spaces must be found where the products could be kept safely for the r.....
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Goods worth ₹5 crore gutted in warehouse fire
20.04.2024
The blaze, that started around 5:30 am, caused loss of goods estimated 5 crore. According to Governorpet police, a short circuit is suspected to initiate the fire mishap. Locals spotted smoke billo.....
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SC lauds railways on ‘Kavach’ system to curb accidents while responding to a PIL on the passenger safety
20.04.2024
The court was hearing a public interest litigation (PIL) filed by advocate Vishal Tiwari, raising concern over the passenger safety and efficacy of the anti-collision systemThe Supreme Court has ap.....
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Indian Railways to operate highest ever train trips to meet summer demand
20.04.2024
With the goal to facilitate large number of summer-passengers to travel to various destinations, the Railway Ministry has increased a substantial train trips for the upcoming summer season. Compared.....
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Iran-Israel conflicts and tension: Impact on both Indian Exporters and Global Supply Chain
20.04.2024
The recent capture of the MSC Aries by Iranian forces has raised fears of further disruptions leading to soaring freight costs. The latest escalation can be traced back to an attack in Damascus, wh.....
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Qatar Cargo Welcomes New Boeing 777-200 Freighter Boeing’s second delivery despite Production Challenges
20.04.2024
The latest addition, bearing the registration A7-BTB, embarked on its journey from Boeing’s production site in Everett on April 14, and it will subsequently commence commercial operations on Apri.....
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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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