Goods barometer rises above trend, signalling upturn in trade volume : WTO
BRUSSELS : Global goods trade has continued to recover in the third quarter of 2024 after demand for traded goods stalled in 2023 amid high inflation and rising
Hapag-Lloyd implements updated rates from West Med to Latin America
HAMBURG : Hapag-Lloyd has announced an increase in ocean tariff rates for containers travelling from the West Mediterranean to Latin America. According to the German company’s statement, the
Coal shipments to India jump 10%, but growth could slow : BIMCO
LONDON : “Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a
Cargo Integrity Group applauds recent MSA Circular, emphasizes ongoing commitment to Supply Chain Sa
SHANGHAI : The Cargo Integrity Group (CIG) commends the recent circular issued by the China Maritime Safety Administration (MSA) following the explosion incident involving the vessel “YM Mobility”
Tailwind Intermodal launched as independent railway operator
KALSDORF bei GRAZ : Premiere on the cargo railway line between the Slovenian port of Koper and the freight terminal in the Austrian city of Graz: Tailwind Intermodal’s
RobotPlusPlus launches HighMate C20 Cleaning Robot at SMM 2024, bringing efficiency and safety to th
HAMBURG : RobotPlusPlus (www.RobotPlusPlus.com), an engineering-led company that develops working-at-height robots, launched its HighMate C20 Cargo Hold Cleaning Robot this week with live demonstrations at the SMM 2024 conference in
Amid PM Modi’s visit to Singapore, a Rs 90,000-crore boost for India
SINGAPORE : Singapore’s CapitaLand Investment has announced plans to more than double its funds under management in India by 2028, a move that comes alongside Prime Minister Shri
Gujarat Infrastructure Development Board and Gati Shakti Vishwavidyalaya (GSV) entered into MOU
GANDHINAGAR : Gujarat Infrastructure Development Board and Gati Shakti Vishwavidyalaya (GSV) entered into MOU for undertaking joint initiatives for improving Gujarat’s infrastructure for multi-modal connectivity and promoting usage
VOC Port records 16% rise in container traffic volume
MADURAI : V O Chidambaranar Port’s DBGT container terminal has witnessed a phenomenal growth in container traffic by handling 4,52,350 TEUs (Twenty-foot Equivalent Units) of cargo until August 2024
Maersk appoints Christopher Cook as its new Managing Director for India, Bangladesh & Sri Lanka
MUMBAI : Maersk has appointed Christopher Cook as its new Managing Director for India, Bangladesh & Sri Lanka effective October 1, 2024. Cook brings a wealth of experience,