Age norms will assist in ensuring gradual phasing out of fossil fuel ships and ushering of alternate/low carbon energy efficient ships, the order read.
There was huge shortage of shipping grade containers during pandemic. This resulted in shipping lines increasing container freight rates, which hit India’s export import supply chain.
In an interview, Shipping Corp CMD Harjeet Kaur Joshi says globally markets are facing impact of the Ukraine crisis, this isn't the opportune moment for proposed privatisation.
In 2021, Pakistan had allowed India to send 50,000 tonnes of wheat to Afghanistan by using its land route after the humanitarian situation worsened following the Taliban offensive.
An estimated 90% of the world’s goods are transported by sea, with 60% of that – including your imported fruits, gadgets and appliances – packed in large steel containers.
A nation’s merchant navy is a strategic asset, second in importance only to its ‘fighting navy’. It needs to be protected from high taxes and discriminatory norms.
If you think this is mostly a bit of local bother that will smooth itself out as the dislocations of a reawakening global economy ease off, you might be in for a shock.
With Sri Lanka scrapping East Container Terminal deal with India and Japan, and Adani Group’s entry to develop the west terminal, Modi govt is rethinking its cabotage policy.
Around 21.9 million tons of cargo is scheduled to arrive in May but with labor shortages and force majeure at some ports, many of the vessels could see discharge delays.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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