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Iran conflict threatens market stability after failed US peace negotiationsGlobal markets face renewed volatility as peace talks between the US and Iran fail. President Trump announced a blockade of the Strait of H...
India bonds slump after US-Iran peace talks falterIndian government bonds experienced a significant downturn Monday as failed U.S.-Iran peace talks sent oil prices soaring. This "risk-off" ...
Deendayal Port Authority in Kandla gears up to handle 22 vessels in 72 hoursDeendayal Port Authority in Kandla is preparing to welcome 22 ships in the coming three days. This surge in maritime traffic includes vesse...
From Hooghly to high seas: Boost for Kolkata PSU amid defence boomGarden Reach Shipbuilders & Engineers Ltd (GRSE) is poised for Navratna status, a move that will grant it enhanced financial and operationa...
With growing disposable income, middle class is embracing cruise: Sarbananda SonowalIndia's cruise tourism is experiencing a significant boom, with passenger numbers surging nearly 500% in the last 11 years. This growth is ...
China says it takes 'necessary measures' to defend sovereignty over TaiwanTaiwan reported a surge in Chinese military activity near the island, including the largest naval fleet deployment in nearly three decades....
US and British strikes on Houthi sites in Yemen answer militants' surge in Red Sea attacks on shipsThe US and Britain conducted airstrikes on Houthi targets in Yemen, responding to recent attacks on ships in the Red Sea and Gulf of Aden. ...
World’s no. 3 container carrier warns against price warCMA CGM SA’s third-quarter net income fell 94% to $388 million from $7.04 billion in the same three months a year earlier.
Shipping giant CMA CGM paints gloomy outlook as profit plummetsThere has been a rapid downturn in the last six months of 2022 which has troubled the container transport industry.
Govt should consider lowering TCS on overseas tour packages to increase outbound tourism: ReportThe growth in the Indian travel and tourism industry is driven by a combination of rising income levels and changing lifestyles, developmen...
French shipping giant CMA CGM warns demand is deterioratingThe French transporter's gloomy outlook aligns with with European rivals Hapag-Lloyd AG and A.P. Moller-Maersk A/S.
Govt has moral duty to give best deal to citizens: Jaishankar on Russian oilThe minister pointed out that many traditional oil suppliers of India have diverted their supplies to Europe, which is buying less oil from...
Shipping Corporation Q4 results: Net profit jumps 83% to Rs 111 crThe state-owned company had clocked a consolidated profit of Rs 60.68 crore for the corresponding quarter in 2018-19.
GE Shipping to acquire Japan-built very large gas carrierIndia's largest private shipliner Great Eastern Shipping Company Ltd (GE Shipping) today said it has contracted to buy a Japan-built second...
- ABG Shipyard Q1 net up 4.3 pc at Rs 40.06 cr
Country's largest private ship builder ABG Shipyard today posted a 4.30 per cent jump in net profit for the June quarter at Rs 40.06 crore.
- Spot freight rate pick-up puts GE Shipping in safe waters
Investors are once again taking a fancy to shipping stocks, given the nascent signs of a pick-up in spot shipping freight rates in the key ...
- PINC has maintained 'buy' on ABG Shipyard
PINC has maintained 'buy' on ABG Shipyard's stock with a revised 12-month price target at Rs195 due to the robust order backlog gives us a ...