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REVIEW OF MARITIME TRANSPORT
Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
US–Israel–Iran War Day 52: Hormuz shut fears deepen as US seizes Iranian ship; Hezbollah warns escalation, India scrambles to secure vesselsIran War News Day 52: On Day 52 of the US–Israel–Iran war, tensions have intensified after the US seized an Iranian cargo ship, prompting T...
India, Korea can give new direction to multilateralism amid mounting challenges: South Korean Prez LeeSouth Korean President Lee Jae Myung envisions a strengthened special strategic partnership with India, focusing on trade, technology, crit...
India’s March retail inflation quickens to 3.4% as US war on Iran disrupts global trade flowsIn March, India's retail inflation ticked up to 3.4%, influenced by escalating tensions in the Middle East that are affecting global oil su...
DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
Centre clears Rs 132 crore road over bridge project at Kandla to ease congestion, boost cargo flowA Rs 132.51 crore road over bridge project is approved for Deendayal Port Authority in Kandla. This initiative will ease congestion and imp...
Alleged 12,000-year-old submerged city off Louisiana coast, featuring 280-foot pyramid, sparks scientific debate and competing theoriesA 12,000-year-old submerged city claim off Louisiana's coast has resurfaced. Amateur archaeologist George Gele cites sonar images of struct...
PM Modi to launch multiple development projects worth Rs 34,200 from Gujarat, including IOCL & HPLNG facilitiesPrime Minister Narendra Modi is set to inaugurate and lay the foundation stone for development projects worth over Rs 34,200 crore in Gujar...
Centre to invest additional Rs 1,000 cr in inland waterways projects in Assam, Northeast in 2026: Union MinisterUnion Minister Sarbananda Sonowal assessed Assam and Northeast projects. The goal is to complete Rs 1,000 crore worth of projects by 2026. ...
Centre to invest additional Rs 1,000 cr in Inland Waterways projects in Assam, NortheastThe central government will invest more in Northeast waterways. An additional Rs 1,000 crore will be allocated for projects in Assam and th...
Shipping industry has no easy path towards decarbonisation - UNCTADMore than 80% of the world's trade is done via shipping which contributes for about 3% of global carbon dioxide emissions. The industry has...
Global shipping growth at risk from economic gloom, UNCTAD saysThe slowdown is expected to impact shipping, which transports more than 80% of global trade, although tanker freight rates could stay high.
Shipping rate surge threatens global economy recovery, UNCTAD saysA surge in demand for consumer goods during the pandemic has created major supply bottlenecks around the world, which has impacted the supp...
Boosting Waterways: Maritime Vision 2030 likely by OctoberThe shipping ministry is likely to firm up its Maritime Vision for 2030 as it looks to boost waterways, give a fillip to the ship building ...
India petitions IOMOU to review detention of ship by IranIndia has filed an appeal with the IOMOU to review the 26-day detention of its crude tanker by Iran, which ended earlier this month.
- Brunei plans to promote exim trade
As part of its drive to promote the import and export trade through Brunei, its government plans has unveiled a host of agendas which inclu...
- The new Inland Vessel Act
The recent Inland Vessel Act amending the existing Inland Vessel Act of 1917 passed by the Lok Sabha on August 30, 2007, has come too late ...