LONDON : Mediterranean Shipping Co’s stunning secondhand splurge has hit another milestone. The Soren Toft-led company has paid Eastern Pacific Shipping $42.5m for the 5,018 teu Kowloon Bay boxship, according
NEW DELHI : The government on Wednesday said it has launched an IT-based smart enforcement app for implementation of rules and regulations related to road-based violations by trucks,
LOS ANGELES : American politicians are discussing taking drastic action to force global liners to take all US export container bookings. A Republican and a Democrat have pitched
The world’s largest container line Maersk says that congestion and delays at Yantian port in South China are a much bigger disruption to its operations than the Ever
MoU will be a game changer in enhancing seamless connectivity across the nation and give a boost to the tourism sector too, says Shri Mansukh Mandaviya The MoU
NEW DELHI : India’s overall exports (Merchandise and Services combined) in April-May2021* are estimated to be USD 98.29Billion, exhibiting a positive growth of 56.94per cent over the same
NEW JERSEY : US-based Safesea Group, considered one of three shortlisted bidders for SCI, has rubbished experiences in sure sections of the media claiming it has a authorized
TOKYO : Nippon Yusen Kaisha (NYK) is set to spend Y100bn ($912m) on 12 LNG-fuelled Car carriers, according to Japanese newswire Nikkei. The order – split between two Japanese
SEOUL : Yet another ocean carrier has fallen foul to a cyber-attack: this time it is South Korea’s HMM, which today confirmed a virus attack on its email
VISHAKHAPATNAM : A six-member Empowered Group of Secretaries formed to oversee the divestment of the Andhra Pradesh Government’s 10.4 per cent stake in Gangavaram Port Ltd (GPL) to