Insurers eye containership claims with dismay
The frequency and size of claims are both climbing, with more than 30 incidents requiring payouts from the 13-member International Group of P&I Clubs’ (IG) pooling arrangements since
Port of Salalah launches new end-to-end logistics service to Yemen through the Al-Mazyunah free zone
The Port of Salalah in Oman is a major Arab Gulf regional gateway port and transshipment hub on the Arabian Sea. In partnership with Maersk, it has launched
October merchandise exports in India surge 42.33 % to USD 35.47 billion
NEW DELHI : India’s merchandise exports in October surged 42.33 per cent to USD 35.47 billion on the back of good performance by the engineering and petroleum sectors,
Second quarter profit soars 71% to Rs 243 crore : SCI
MUMBAI : Shipping Corporation of India Ltd (SCI) on Monday reported a 71.26 per cent jump in its consolidated net profit to Rs 243 crore for the second quarter
Mahindra Logistics H1 net profit at ₹18 crore on higher revenue
MUMBAI : Mahindra Logistics reported a net profit of Rs 18 crore for the first half ended September 30, 2021, compared to a loss of Rs 2 crore
APM Terminals Pipavav receives the first full reefer rake from ICD Viramgam
PIPAVAV : APM Terminals Pipavav is excited to have received the first full reefer rake at the port. Operated by Gateway Rail Freight Ltd., the reefer train was
Oceania World launches Multimodal Logistic Park with State-of-the-Art facility at Mundra
l MUNDRA : Oceania World, ventures into a new league with the launch of their state-of-the-art multimodal logistics park facility in Mundra through its port logistics & warehousing
Indian Register of Shipping (IRClass) makes organisational changes to aid growth strategy
NEW DELHI : Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for considerable future growth. With the
Opening up of Economies coupled with buoyant order booking position further adds to positive sentime
NEW DELHI : Reacting to the monthly trade data for October, 2021, FIEO President, Dr A Sakthivel said that the monthly exports performance of USD 35.47 billion with
MSC announces new surcharges from Europe to America
GENEVA : The Swiss box carrier MSC will apply new Peak Season Surcharges (PSS), which will take effect by the end of November, for cargoes transferred from Europe