NEW DELHI : India’s textile exports shrank 4.2% year-on-year (YOY) in the first 11 months of the current financial year, hurt by adverse economic conditions in major destinations such as the European Union (EU),
NEW DELHI : The Centre has extended the export ban on onion till further orders. The decision has been taken to increase domestic availability and to keep the prices of onion under check. Directorate
SOMALIA : Pirates have demanded a staggering $5 million (₹420 million) for release of 23 Bangladeshi crew held captive aboard the ship MV Abdullah. The Bangladeshi-flagged vessel was seized earlier this month while en
CHATTOGRAM : The much-discussed Patenga Container Terminal, which was built two years ago and formally inaugurated in November last year at Chattogram port, is set to go into operation in April with hopes of
ABU DHABI : AD Ports Group a leading facilitator of global trade, logistics, and industry, announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port,
KEMPTEN : After the economic boom in logistics resulting from the coronavirus pandemic and worldwide disruption to supply chains, normalcy returned to the industry in 2023. DACHSER was among those whose financial year was
QATAR : QatarEnergy announced in a statement that it has signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels as part of the second
RIYADH : Bahri Line has continued its venture into the niche multipurpose sector with the addition of an MPP to its fleet. The company said it has added Bahri Diriyah, reaffirming its commitment to
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments. The overall index, which factors in
LONDON : Drewry’s World Container Index decreased by 5% to $3,010 per 40ft container this week.
