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INDIA MANUFACTURED SHIPPING CONTAINERS
Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda SonowalIndia has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant s...
Maersk places order for 1,000 shipping containers with DCM Shriram GroupGlobal shipping giant AP Moller-Maersk has ordered 1,000 more India-made shipping containers from DCM Shriram Group. Union Minister Sarbana...
How this second-generation Noida SME is building a global edge in home improvement exportsAs supply chain disruptions, triggered by geopolitical tensions, impact exporters, especially MSMEs in the country, home improvement produc...
US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the tableIndirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like ma...
India aims to recycle 16,000 ships in next decade: Union Minister SonowalIndia is set to recycle approximately 16,000 ships in the coming decade, backed by an $8 billion financial commitment. Over 30 Indian ship ...
US and Iran enter technical talks to secure peace deal, restart shippingTechnical discussions between the U.S. and Iran are underway in Doha, aiming to secure the Strait of Hormuz shipping lanes and a lasting ce...
Govt approval mandatory for Adani stake transfer in Vizhinjam port: Kerala CMKerala Chief Minister V.D. Satheesan stated that Adani Ports requires state government approval to transfer its shares in the Vizhinjam Int...
SEZ job work, export schemes among issues discussed at stakeholder meetThe focus of discussions included synchronizing export mechanisms, facilitating rupee payments for services delivered to the Domestic Tarif...
India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI showsIndia's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goo...
German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for shipsGerman marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships throu...
Adani Ports says MSC’s terminal arm TiL will invest $1.4 billion for 49% stake in Vizhinjam PortAdani Ports has partnered with MSC Group's TiL, which will invest $1.397 billion for a 49% stake in Vizhinjam Port. This significant foreig...
Manufacturing growth seen moderating in Q1 as West Asia crisis weighs on sentiment: FICCIIndia's manufacturing sector anticipates a slowdown in April-June FY27, influenced by West Asia tensions impacting business confidence. Des...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billionAdani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 bill...
Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...
India's e-commerce exports can add $10 billion in just a few years. Here's how.Indian e-commerce exports are poised for significant growth, potentially adding USD 10 billion in the next 2-3 years, according to a Direct...
Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
SMEs need logistics partners, not just carriers: TransLink’s Vaibhav SalviWith global trade becoming increasingly complex, international logistics providers are evolving from parcel movers to end-to-end solution p...
Cracker of a battle: Vijay wants Sivakasi to take on China and become a global fireworks powerhouse. Here's what it'll takeTamil Nadu's government aims to transform Sivakasi, India's firecracker hub, into a global competitor against China. The focus is now on in...
Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...