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The Indian Coast Guard (ICG) Offshore Patrol Vessel (OPV) Yard-45005 was launched at L&T Shipyard, Kattupalli, in Ennore in North Chennai today. It is likely to be inducted into the ICG in early 2020, after completion of trials on fitted equipment and machinery. The...

The shipping ministry has floated a proposal to sort out the past surplus, worth over ₹2,500 crore, earned by some of the earliest private cargo handling terminals at major port trusts whose mandatory rate revisions of every three years have been delayed by more...

The overemphasis on Electric Vehicles (EVs) by the government has the oil and gas industry in India concerned. The industry feels that the prevailing situation will lead to investors and bankers having second thoughts on making investments in the oil and gas sector. The...

Air China will suspend its flights on the Beijing-Hawaii route from August 27 after a review of its network, China's flagship carrier said on Tuesday, as travel demand remains weak amid an escalating US-China trade war. Passengers who have purchased tickets for travel after...

A SpiceJet technician was killed after he got stuck between the hydraulic door flaps of the main landing gear of an aircraft during maintenance at Kolkata airport early on Wednesday, the airline said. The hydraulic doors “inadvertently” got closed leaving Rohit Pandey trapped there,...

With privatisation of the Railways, trade unions fear that moving people and goods by trains will become more expensive, affecting the entire country. Santosh Roy, President, All India Central Council of Trade Unions (AICCTU) said at a protest here on Wednesday that there were...

InterGlobe Aviation Ltd (IGAL) has clarified that the existence of Related Party Transactions (RPTs) were disclosed at the time of the IPO in 2015. This was one of the main accusations that Rakesh Gangwal, co-founder, IndiGo Airlines, had made in his submission to SEBI...

Synergy Marine Group, in collaboration with iCall and the Tata Institute of Social Sciences (TISS), has launched a helpline number to address the the wellbeing and mental health concerns of seafarers at the Tata Institute of Social Sciences (TISS). iCALL, the nine-language service at...

India’s oil refiners sourcing crude from West Asia are facing freight increases of as much as $300,000 per day. This comes after global marine insurers imposed an additional war risk premium of 0.35-4 per cent of the value of the ship for every transit...

This is your first visit to the country in your new capacity, and at the same time, the BJP government has entered its second term. What do you expect from the government in terms of your business and the global trade? We are optimistic...