CHENNAI : MSC’s 49% stake acquisition in Adani Group‘s container terminal at Ennore Port, also known as Kamarajar Port, has the potential to boost direct calls out of India’s southern corridor as volumes build.
NEW DELHI : DP World is thrilled to partner with Invest India at the 27th World Investment Conference in New Delhi, where they showcased Bharat Mart, a mega-distribution hub that will support the exports
One of the largest global shipping organizations, Maersk announced pausing all its operations on the Red Sea route, a passage that accounts over 10% of the global shipping trade. Soon after, its counterparts MSC
MUMBAI : Indian exporters are staring at a rise in shipping costs as freight lines are forced to avoid the Suez Canal and take a longer route around Africa to reach the West following tensions
NEW DELHI : The IMF released its annual Article IV consultation with India on Monday, noting the country’s status as one of the fastest-growing major economies globally this year, thanks to prudent macroeconomic policies.
NEW DELHI : India is on the cusp of a revolutionary change in its transportation sector, with a strategic focus on boosting rail cargo movement. According to a recent report from the Ministry of
EGYPT : The Suez Canal Authority (SCA) said Sunday that 55 ships have rerouted via the Cape of Good Hope since Nov. 19 amid attacks on ships in the Red Sea. In a statement,
SEOUL : Harim Group’s consortium was named as the preferred bidder for debt-ridden container ship company HMM, leaving concerns about how it would fund the acquisition worth 6.4 trillion won ($4.9 billion), industry sources
LONDON : IMO Secretary-General Kitack Lim said :”I condemn attacks against international shipping in the Red Sea area and I reiterate the strong commitment of the IMO to protect seafarers, ships, and cargoes, which
LONDON : A commercial vessel hijacked by unknown assailants remains off the coast of Somalia raising fears of further instability for global shipping as attacks escalate in the Red Sea, maritime security sources said on Monday.
