T.N. CM handing over offer letters to youngsters from under the ‘Naan Mudhalvan’ government scheme, selected for internships at UPS | Photo Credit: Special Arrangement United Parcel Service, popularly known as UPS across the globe, whose first technology centre in India was inaugurated in Chennai by Chief Minister M. K. Stalin on Monday, intends to … Read more
The Central Institute of Fisheries, Nautical and Engineering Training (CIFNET), has called for applications for residential trade courses for the academic year 2023-24. Applications are invited for vessel navigator and marine fitter trade courses approved by the Directorate General of Employment and Training and affiliated to the National Council for Vocational Training. The courses are … Read more
Mumbai: Transworld Holding, a UAE-based shipping and maritime company, has announced its intention to voluntarily delist the equity shares of its Indian subsidiary, Shreyas Shipping & Logistics (SSL), from NSE and BSE by acquiring all shares held by the public in Shreyas. Transworld holds a 70.44% stake in SSL. The delisting is expected to give … Read more
The EU executive on Tuesday proposed a fresh wave of sanctions against Russia that would include a ban on coal imports and blocking Russian ships from entering European ports. “Russia is waging a cruel, ruthless war, also against Ukraine‘s civilian population. We need to sustain utmost pressure at this critical point,” European Commission President Ursula … Read more
Higher global demand, especially for engineering goods, chemicals and low-value lifestyle products such as carpets, has made Indian exporters’ order books improve by almost 40% compared to the pre-Covid-19 period, with handicrafts, ceramic products and cotton yarn/fabrics showing signs of further strengthening amid a drop in new cases in the United States and despite another … Read more
NEW DELHI: The first ever Cargo Ferry Service between India and the Maldives was jointly launched on Monday opening a new chapter in connectivity initiatives in the Indian Ocean Region. Mansukh L. Mandaviya, Minister of State for Shipping (Independent Charge) and Aishath Nahula, Minister of Transport and Civil Aviation of the Maldives in a virtual … Read more
BEIRUT—A large fire broke out Thursday at Lebanon’s main port, near the site of last month’s massive explosion that devastated a swath of the country’s capital and killed nearly 200 people. Lebanese living in the vicinity of the port rushed to get away as firefighters tackled the blaze at a warehouse. The army said the … Read more
A commercial tanker has been anchored in the Mediterranean Sea with 27 rescued African migrants aboard for more than a month, caught in a stalemate as ports in the region refuse to allow the Maersk Etienne to dock. The migrants, including a pregnant woman and a child, have remained on board under worsening conditions since … Read more
BEIRUT—The Lebanese army found more than four tons of ammonium nitrate near Beirut’s port, where a larger cache of the same highly explosive material caused last month’s deadly explosion that ripped through much of the capital’s central districts. An engineering team discovered the chemical during a search of a warehouse that was requested by the … Read more
Fighting between Islamic extremist rebels and Mozambique’s army over a key port is threatening to disrupt the East African nation’s burgeoning natural-gas developments, including a multibillion-dollar project led by French energy giant Total SA . The insurgent group, which is affiliated with Islamic State, seized control of the Mocimboa da Praia port this month and … Read more