DHAKA : Traders in Chattogram were quite upbeat when Bangladesh and Thailand signed a memorandum of understanding in December 2021 to launch direct coastal shipping services between Chattogram and Ranong ports. It would save
BERLIN : Germany has agreed to let Chinese Shipping giant COSCO buy a stake in a container terminal at Hamburg’s Port. The deal was originally given the green light last October, but ran into
PANAMA : A severe drought affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the cost of shipping cargo through the canal expected
WASHINGTON DC : Operational conditions at global ports have improved significantly following the unprecedented levels of disruption triggered by the COVID-19 pandemic, according to the third edition of the Global Container Port Performance Index
GUWAHATI : A Memorandum of Understanding (MoU) was signed in Guwahati, Assam for the development of ‘Riverine Based Religious Tourism Circuit’ among Inland Waterways Authority of India (IWAI), Sagarmala Development Corporation Limited (SDCL), Assam
NEW DELHI : Reserve Bank of India (RBI) has decided to withdraw the Rs 2000 denomination banknotes from circulation. Although it will remain a legal tender for now and can be deposited in the bank
NEW DELHI : Container Corporation of India Ltd (Concor), on Thursday, posted a consolidated profit of Rs 279 crore for the March quarter. This is 7.7 per cent rise from Rs 259 crore a
HYDERABAD : Delhivery‘s net loss widened to Rs 159 crore in the fourth quarter ended March 2023, as the logistics company’s revenue dropped for the second straight quarter amid a slowdown in e-commerce. Delhivery reported
NEW DELHI : State-owned Rail Vikas Nigam Limited in a regulatory filing on Thursday said that it has formed a joint venture named Indore MMLP Private Limited to construct multi-modal logistics park in Indore under the
SINGAPORE : Ocean Network Express (ONE) announced that AIM weekly service will change its port rotation, by adding Hazira call. The new rotation will take effect as from Bea Schulte, arriving in Hazira on
