Kerala Chief Minister Pinarayi Vijayan has requested the Centre to remove a financial condition imposed on the Viability Gap Funding (VGF) for the Vizhinjam International Seaport project. The condition requires Kerala to repay an amount equivalent to the VGF amount through revenue sharing. The project is crucial for the state's economy, contributing to Customs duties and generating significant revenue for …
The Port of Seattle and Seattle-Tacoma International Airport shared over the weekend that they were experiencing an “internet and web systems outage, which is impacting some systems at the airport.” The cause of the incident is not yet public but the airport suggested it could be a cyberattack. The Port isolated critical systems and is in the process of working …
The country also boasts of world’s second-largest fleet of commercial shipping vessels and, if the US Naval Intelligence is to be believed, China has surpassed the US in terms of total battle-force ships Beijing: China has been developing a strategy to take control of seaports across the globe in alignment with its Belt and Road Initiative to achieve its geopolitical …