Indian Shipping Companies

US and British forces had carried out a series of airstrikes on Houthi assets on both land and sea beginning Friday

Neither option is appealing and both raise costs. In recent months, global supply chains had finally recovered after three years of disruptions caused by the pandemic

On Tuesday, Prime Minister Narendra Modi said that India aims to be among the top five nations in shipbuilding over the next 25 years

Shipping companies counter that their costs have soared as well

Ask govt to regulate them, bat for a larger Indian shipping company

As per the scheme, a subsidy of Rs 1,624 crore over five years to domestic shipping companies will be given in global tenders floated by Ministries and central PSEs

The Union Cabinet approved a scheme to provide Rs 1,624 crore over five years as subsidy to Indian shipping companies in global tenders floated by ministries and CPSEs for import of government cargo

Exporters are facing an almost 60% hike in freight cost since July

In April 2003, the Cabinet Committee on Disinvestment had decided to suspend any divestment in SCI.

The pressure on shipping cos to take corrective actions to curb pollution as they grapple with the fallout of a tit-for-tat trade war between the US and China will add to the burden of the industry