BEIJING : World’s largest containerships global fleet has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding
MUMBAI : Hapag-Lloyd on Wednesday successfully completed its acquisition of 40% shareholding in the J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority. In January 2023, Hapag-Lloyd had
NEW DELHI : With software exports hitting a record high of USD 320 billion in FY23, the country’s share in global computer services exports has jumped to around 11 per cent in the year, according to
NEW DELHI : Buoyed by a significant jump in exports during 2022-23, Services Export Promotion Council (SEPC) on Wednesday said the healthy growth trend will continue and shipments are expected to reach up to
NEW DELHI : The National Highways Authority of India (NHAI) is working towards the development of around 10,000 kilometres of optic fibre cables (OPC) infrastructure across the country by FY24-25, the Ministry of Road
NEW DELHI : India must bring down the overall cost of logistics to improve its ranking in the ‘ease of doing business’ index. The movement of goods and services through this vast country is
TOKYO : ClassNK has released “Guidelines for Additional Fire-fighting Measures for Container Carrier”, which specify requirements for indicating additional fire safety measures on container carriers as a class notation. With the expansion of logistics
NEW DELHI : PM Mitra Park in Lucknow and Hardoi will help generate employment opportunities for the skilled manpower of Uttar Pradesh, Shri Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food and Public
NEW DELHI : A meeting of Transport Ministers of States and Union Territories (UTs) was chaired by Union Minister of Road Transport & Highways Shri Nitin Gadkari in New Delhi. The meeting saw participation from
NEW DELHI : Under the Bharatmala Pariyojna – the Government of India’s highway development scheme – the National Highway Authority of India (NHAI) has been working on developing the Delhi-Mumbai Expressway, and released a