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US President Donald Trump is reportedly pushing for a new armada of US Navy warships, dubbed the “Golden Fleet,” to counter what he sees as an increasing threat from China, as reported by the Wall Street JournalThe plans come as Trump prepares for a high-stakes meeting with Chinese President Xi Jinping during his first visit…
In a significant leap for India’s semiconductor ambitions, the country’s first commercially packaged multi-chip module (MCM) rolled out early Wednesday from Kaynes Semicon’s outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. The shipment, comprising 900 intelligent power modules (IPMs), has been delivered to California-based Alpha & Omega Semiconductor (AOS). A milestone for India…
CMA CGM, the French shipping giant and world’s third-largest container carrier, has identified India as a potential hub for constructing small, LNG-powered container vessels. This development follows chairman and CEO Rodolphe Saade’s signing of a letter of intent with Cochin Shipyard for six vessels, valued at approximately $300 million, as reported by Economic Times. This…
There are signs that some downsides of the higher tariffs are starting to emerge, the IMF outlook said. (AI image) Beijing has fired its latest salvo in the simmering US-China trade war-not through semiconductors or soybeans, but through ships. China imposed sanctions on the US subsidiaries of South Korean shipbuilding giant Hanwha Ocean Co, citing…
China on Friday announced that it will start imposing “special port fees” on ships built or operated by the US. According to the transport ministery, the fees will take effect at Chinese ports from October 14 when US ships arriving in China will pay 400 yuan ($56) per net tonne, rising to 640 yuan in…
When armed Israeli soldiers boarded a flotilla of civilian boats attempting to deliver food and medicine to Gaza on Wednesday night, millions of people around the world were glued to their screens, watching the events unfold in real time.In a small studio in Glasgow, two web developers worked frantically behind the scenes, updating vessel locations…
Prime Minister Narendra Modi addresses the gathering during the inauguration of Uttar Pradesh International Trade Show 2025, in Greater Noida. NEW DELHI: Prime Minister Narendra Modi on Thursday doubled down on India’s growth, calling it “attractive.” Amid the tariff war, he gave a big push to ‘Make in India‘ and “Atmanirbhar Bharat‘ initiatives, saying that…
