MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
MUMBAI : A battle of Container lines with growing service reliability challenges going on, due to connections out of India – the longer journey around southern Africa and congestion problems at hub ports en-route,
AHMEDABAD : Adani Ports and Special Economic Zone is likely to report mixed Q4 earnings, with revenue and EBITDA seen rising sharply from the previous year, led by higher volumes, but net profit may fall,
NEW DELHI : India’s plastics exports fell 3.5% to $11.55 billion in FY24 from $11.96 billion in FY23, despite registering a positive y-o-y growth of 5.6% in March 2024 to $1.11 billion, as per
NEW DELHI : India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China, a source with direct knowledge of the matter said, turning down
NEW DELHI : The US and India are auditing Kolkata Port as they are looking for a new Master Ship Repair Agreement (MSRA) that will allow US warships to access repair services at the port, according
MALE : India on Wednesday said it looked forward to strengthening bilateral economic cooperation with the Maldives as its envoy held discussions with a senior minister of the archipelagic nation. Mohamed Saeed, Maldives’ Minister
KAKINADA : Indian Register of Shipping (IRS), a leading classification society, announces the successful launch of two sister vessels, Sonalika and Sarovar, at the San Marine Yard in Kakinada. The 34m long tugs are
COPENHAGEN : Global schedule reliability has begun to improve, with the March 2024 statistic up 1.6 percentage points Month-over-Month (MoM) to 54.6 per cent, according to Sea Intelligence The maritime data company has released
GENEVA : Sea-Intelligence’s latest projections indicate that MSC is on track to significantly increase its fleet size, further cementing its position as the world’s largest carrier. The analytic firm highlighted the limitations of a
