FedEx has not seen much impact from Red Sea disruptions : CEO
NEW YORK : U.S. parcel delivery giant FedEx Corp said that it hasn’t seen much of a shift to air freight due to disruptions in the Red Sea that have tacked on nearly two weeks
US-owned ship hit by missile off Yemen
LONDON : Missile fire struck a ship just off the coast of Yemen in the Gulf of Aden, the British military said. Trade Operations said the attack happened some 110 miles (177 kilometers) miles
AD Ports Group and CMA CGM join forces with Ecocean to Preserve Marine Biodiversity at Khalifa Port
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions, and Ecocean, an innovative company serving
Egypt’s Suez Canal revenues down 40% due to Houthi attacks
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships by Yemen’s
Canals aren’t the world’s biggest shipping chokepoints
CAIRO : When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 5,000 miles from the canals of Suez and Panama
In a step to transform India’s Ports, Shipping and Waterways sector, PM to inaugurate projects worth more than Rs 4,000 crore in Kochi
NEW DELHI : Prime Minister Shri Narendra Modi will visit Andhra Pradesh and Kerala on 16th-17th January, 2024. On 16th January, at around 3:30 PM, Prime Minister will reach Palasamudram, Sri Sathya Sai District
Waterways in India have a great potential : Sarbananda Sonowal
GUWAHATI : A team of seven journalists from Rajasthan interacted with Shri Sarbananda Sonowal, Union Minister of Port, Shipping and Waterways, and Minister of AYUSH on Saturday at IWAI, Pandu Port. Sonowal emphasized the idea
Rate of Rupee depreciation coming down : Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Saturday said at the India Banking Conclave here, that the rate of rupee depreciation has come down and expressed hope that after 8-10 years, it will start appreciating
Govt not considering any proposal to lift export curbs on wheat, rice, sugar: Piyush Goyal
NEW DELHI : The Government of India (GOI) is not considering any proposal to lift the export curbs on wheat, rice, and sugar, Union Minister for Commerce Shri Piyush Goyal said on Saturday. The
Gujarat CM discusses APM Terminals’ Expansion Plan at Pipavav Port
GANDHINAGAR : Gujarat Chief Minister Shri Bhupendra Patel held a meeting with the CEO of Netherlands-headquartered port operating company APM Terminals, Mr. Keith Svendsen, during the 10th Edition of Vibrant Gujarat Global Summit which concluded on Friday in