The plan was chalked out in a meeting convened by the logistics division, Ministry of Commerce. It includes prioritisation of cargo, freight rates, advisory to ports and re-routing
ISMAILIA, Egypt (BLOOMBERG) – Ships are beginning costly and time-consuming detours around Africa with the Suez Canal still blocked by a massive container vessel, as concerns mount that
The vessel, Ever Given, has been stuck in the canal since Tuesday and has affected global trade and severe losses. The giant cargo ship that has been stuck
In a detailed written presentation in the Lok Sabha this week, Union Minister for Agriculture and Farmers Welfare, Mr Narendra Singh Tomar, said that the government is implementing
EGYPT : A huge container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the salvage company said, as officials stopped all ships entering
Efforts continued on Thursday to dislodge the EVER GIVEN container ship and restore traffic on the critical man-made waterway that connects the Mediterranean to the Red Sea and
European and international companies are bracing for possible rising costs and growing supply-chain complications as the blockage of the Suez Canal heads into a fourth day amid signs
MIHAN : CONTAINER Corporation of India Ltd having its Multimodal Logistics Park (MMPL) at MIHAN in Nagpur, a public sector undertaking under the Ministry of Railways, added another
NEW DELHI: As India’s export of commodities like sugar to Iran has been hit due to Tehran’s rupee reserves shortage with Indian banks, the government recently said the
EGYPT: A large container ship ran aground in Egypt’s Suez Canal on March 23, blocking the crucial international trade artery and causing a major traffic jam of shipping