Maersk Asia Pacific market update (January 2023)
COPENHAGEN : The global demand outlook shows little sign of any short-term improvement. The developed nations are still facing inflationary and recessionary pressures which is dampening the outlook
CMA CGM announced the NC LEVANT new service setup
MARSEILLE : CMA CGM announced the NC LEVANT new service setup, which aims to improve regional coverage after the company’s recent investment in Egypt’s Trans Misr Terminal (TMT).
Drewry: Multipurpose Time Charter Index Remained Flat in January
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the
Piraeus Port Authority & COSCO launches new car transportation service in EMEA region
GREECE : Piraeus Port Authority (PPA) and COSCO Shipping Specialised Carriers jointly launched a new car shipment route and service in EMEA (Europe, the Middle East and Africa)
AquaChemie inaugurates $50m petrochemicals terminal at Jebel Ali Port
JEBEL ALI : The $50m bulk liquid terminal is set to facilitate the growing petrochemical trade between manufacturers and end-users across the Middle East and elsewhere. “The $50
India keen on expanding exports to Russia in FY 2023-24
NEW DELHI : India is looking to grab a larger share of the Russian export market in the next financial year 2023-24 to tide over the headwinds in
‘Russia has become India’s largest oil supplier’: Russian Envoy
MOSCOW: Russia has become India’s largest oil supplier and significantly contributed to the country’s energy security, said Russian Ambassador to India Denis Alipov while addressing the Indian Council
The Ind-Aus ECTA is a game changer to bilateral trade
NEW DELHI : India and Australia have been active trading partners since the beginning of the 18th century. India and Australia enjoy excellent bilateral relations that have undergone
Maersk introduces Dry port surcharge – export (DPS) – Thar, India to Mundra, Jawaharlal
MUMBAI : In order to keep providing their customers with our global services, Maersk is introducing the Dry port Surcharge – Export (DPS) on All 20 Feet Dry
NHAI : The allocation for the roads wing of highways ministry increases by 50%
NEW DELHI : Aiming to accelerate construction of national highways before the 2024 Lok Sabha polls are announced, the government has increased the allocation for the roads wing of highways ministry by 50% to
