CMA CGM Pegasus arrives at Malta Freeport Terminals
MALTA : Malta Freeport Terminals celebrated the arrival of the CMA CGM Pegasus, the first vessel to call in Malta on the Europe Pakistan Indian Consortium (EPIC) service
Drewry: World Container Index Up 1% last week, But 77% down on last year
LONDON : Drewry’s composite World Container Index increased by 1% to $1,763.28 per 40ft container this week.
DNV forecasts oil demand in transport sector to half by 2050
OSLO : Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1%
Baltic index marks first weekly fall in three
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Friday on stronger demand in the capesize segment,
World trade data shows early signs of ‘reglobalisation’ across countries
NEW YORK : The global trading system is undergoing tectonic shifts that will reorient international supply chains for decades to come. Blame two main forces. Companies spooked by
PM hails inaugural run of vessel from Syama Prasad Mookerjee Port to Sittwe Port Myanmar
NEW DELHI : The Prime Minister, Shri Narendra Modi has hailed the inaugural run of vessel from Syama Prasad Mookerjee Port to Sittwe Port Myanmar developed under Kaladan
Sonowal to receive first Indian cargo ship docking at the Sittwe Port on May 9, 2023
DIBRUGARH : Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal, is set to receive the first Indian cargo ship at Sittwe Port in Myanmar
Shantanu Thakur flags off Indian Direct Shipping Service between Tuticorin to Maldives, at V.O. Chid
THOOTHUKUDI : Minister of State for Ports, Shipping and Waterways, Shri Shantanu Thakur flagged off the vessel ‘M.V. MSS Galena’ from V.O. Chidambaranar Port, as the Direct Shipping
Govt receives 9 EoIs for Rs 41,000 Cr Int’l transshipment port project at Great Nicobar Island
NEW DELHI : The ports ministry has received expressions of interest (EOIs) from nine players for the Rs 41,000 crore international transshipment port project at Great Nicobar Island
Major Ports see cargo traffic rise by 1.30% in April
NEW DELHI : India’s major ports saw a bare 1.30 per cent rise in cargo traffic in April to 65.87 million tonnes (mt), driven primarily by an increase in
