India to remain world’s fastest-growing major economy with 6.6 per cent growth in 2025
NEW DELHI : India is poised to retain its position as the world’s fastest-growing large economy, with a projected GDP growth rate of 6.6 per cent in 2025,
India empowering tomorrow intelligently at World Economic Forum 2025
NEW DELHI : The 55th World Economic Forum (WEF) Annual Meeting, set to take place from January 20-24, 2025, in Davos-Klosters, Switzerland, will shine a spotlight on India’s
OOCL reports 55% Higher Revenues for the Fourth Quarter
SINGAPORE : The Board of Directors of Orient Overseas (International) Limited has announced unaudited operational updates for Orient Overseas Container Line (“OOCL”) on a quarterly basis. This announcement
Maersk announces MECL Service change
COPENHAGEN : In order to improve products from India to North America, the MECL Service will add a call in Mundra, India, and at the same time the
Denmark advances on the List of the World’s Largest Maritime Nations
COPENHAGEN : Denmark maintains its position among the world’s ten largest maritime nations. Denmark has overtaken Germany and is now ranked 9th on the list. Denmark maintains its
Panama Canal CEO says Trump’s plans would “Lead To Chaos”
CAIRO : Granting Donald Trump’s demand for US ships passing through the Panama Canal to get preferential treatment would “lead to chaos,” the head of the authority running
Castor Marine becomes part of the Navarino Group
DE MEERN ( NETHERLAND) : Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting
Baltic index rises for second day on gains in capesize vessel segment
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered
Drewry: World Container Index up 2% this week
LONDON : Drewry’s World Container Index increased 2% to $3,986 per 40ft container this week. Drewry’s detailed assessment for Thursday, 09 January 2025
Industry flags high shipping fees despite no container shortage : Piyush Goyal
NEW DELHI : The Ministry of Commerce and Industry recently held inter-ministerial discussion with stakeholders from the shipping industry, customs, Concor, Railways, exporters, freight forwarders and other logistics