DP World’s new service connects Middle East from Chennai and Cochin
COCHIN : DP World welcomes a new weekly India South Gulf (ISG) Service at its Port Terminals in Chennai and Cochin. Global logistics company DP World welcomes a new weekly India South Gulf (ISG) Service
India’s exports up 46% to $14 bn during June
NEW DELHI : India’s exports rose by 46.43 per cent to USD 14.06 billion during June 1-14 on account of healthy growth in shipments in sectors such as engineering, gems and jewellery and petroleum
NMPT handles large parcel size vessel MV SSL Brahmaputra
MANGALORE : New Mangalore Port Trust (NMPT) handled the MV SSL Brahmaputra – a largest parcel size container vessel — at the port on Tuesday. A statement by NMPT said that this is the largest parcel
Panama Canal to allow larger vessels to transit
The Panama Canal has increased the maximum allowable length for commercial and non-commercial vessels transiting the neopanamax locks to 370.33 m, up from 367.28 m. The increase means that 96.8% of the world’s fleet
JNPT catalyst for unprecedented progress of Navi Mumbai – Bhupendra Shah
MUMBAI : CMD Bhumiraj Group details the infrastructural development, mega projects and crores of investments resulting in tremendous employment opportunity in the region By A Correspondent, Navi Mumbai Jawaharlal Nehru Port Trust (JNPT) holds
Indian Army conducts rail trials on dedicated freight corridor
NEW DELHI : The recently developed “Dedicated Freight Corridor (DFC)” by the Indian Railways provides faster movement of freight across the Country. The Indian Army on Monday (14 June 2021), conducted a successful trial
US retail lobby calls Biden to address port congestion crisis
WASHINGTON : The National Retail Federation (NRF) has sent a letter to the White House asking to meet with the United States President Biden and other top administration officials regarding the challenges retailers are facing from
MSC’s secondhand splurge over the past 10 months hits record 60 ships
LONDON : Mediterranean Shipping Co’s stunning secondhand splurge has hit another milestone. The Soren Toft-led company has paid Eastern Pacific Shipping $42.5m for the 5,018 teu Kowloon Bay boxship, according to multiple broker reports. This sale