NEW DELHI : Japan wants to achieve more synergy between its development cooperation in India’s northeastern states and neighbouring Bangladesh, including using the Matarbari Sea Port to create a new industrial value chain, Japanese Ambassador
LONDON : The Drewry Dry Bulk Equity Index decreased 7.6% YTD, underperforming the S&P 500 which rose 8.1% YTD. The decline can be attributed to macroeconomic weakness caused by rising interest rates, an inflationary
LONDON : The inaugural IMO International Day for Women in Maritime on 18 May 2022 focused on the theme “Training-Visibility-Recognition: Supporting a barrier-free working environment”. The IMO invites everyone in the maritime industry to celebrate the
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the port and logistics division of Adani Group, on Wednesday said it handled its highest-ever rail cargo of over 120 million metric tonnes (MMT)
GENEVA : MSC is set to be the first container line to have fleet of 5 million TEUs in capacity later this month according to analyst Alphaliner. MSC overtook Maersk to become the world’s
DUBAI : A.P. Moller – Maersk (Maersk) announced ocean shipping service, ‘Al Maha’, that will commence its rotation in June 2023. The ‘Al Maha’ service will rotate between the important ports across the UAE, Saudi
HAMBURG : Mr. Joerg Sonne will become Senior Managing Director of Hapag-Lloyd’s North Europe Region, succeeding Martin Rolf, who will take over the position of Managing Director Human Resources. Sonne joined Hapag-Lloyd as a
NEW DELHI : Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Shri Piyush Goyal held a bilateral meeting with the European Commissioner for Internal Trade, Mr. Thierry Breton on
Besides emphasis on upgrading physical and digital infrastructure, a financial intermediary that performs working capital management for buyers and suppliers and smoothes their cash flow problems will complete the National Logistics Policy and help
TIRUPPUR/NOIDA : Due to a lack of international orders, clothing exporters in Tiruppur and Noida have opted to close their manufacturing facilities for 10 to 15 days per month to decrease operating costs. Post
