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.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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