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SHIPPING INDUSTRY
Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...- CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situationThe head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to o...
- Samsung Electronics considers building chip packaging plant: ReportSamsung is expected to unveil the investment plan at a meeting between South Korean President Lee Jae Myung and the heads of the country's ...
- Get Al-enabled, add value to metal musicIn a twist of fate, Coca-Cola's plans for a bottler IPO arrive amidst a shortage of Diet Coke cans. The ongoing conflicts in the Middle Eas...
- Assam govt, EU delegation welcome successful launch of Blue Valley ClusterAssam and the European Union have launched the Blue Valley Cluster in Guwahati. This initiative focuses on Flavours, Fragrance and AYUSH se...
- Samsung Electronics considers building chip packaging plantSamsung Electronics is exploring a significant investment in Gwangju, South Korea. The company is considering a new advanced semiconductor ...
- Finvolve & India Accelerator back Integra Robotics with $1.12 million pre-Series A fundingFinvolve and GrowthCap Ventures have invested $1.12 million in Integra Robotics, a deep-tech robotics firm. Integra's unique approach combi...
- Indian crew evacuated after 10 months stranded off IstanbulFour Indian sailors have been rescued after being stranded for ten months on an abandoned ship. The vessel, AZRA C, was left unmanned off I...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
- Cold storages struggle as Gulf cargo lands in IndiaIndian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these dive...
- West Bengal eyes new deep-seaport in Dadanpatra; Kolkata to enter water metro gridWest Bengal will establish a new deep seaport in East Midnapore district. The state government will provide 1700 acres for this project. Ko...
- Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- Fourth Sudarshan S-400 squadron arrives in India from RussiaIndia has received its fourth S-400 Sudarshan air defence system squadron from Russia. This advanced system significantly boosts the nation...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
- Hormuz gauntlet runner says Trump has been good for shippingDynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.
- Ship operators urge clear rules to return Hormuz to normalIndustry leaders emphasized the need for a defined framework to ensure safe transit for vessels and seafarers, highlighting the current hig...
- Shipping ministry working on reform-driven roadmap to accelerate maritime transformationIndia's shipping ministry is driving a major maritime transformation. A new roadmap focuses on better governance and ease of doing business...
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