MUMBAI : Bharat Mumbai Container Terminals Pvt Ltd (BMCT), the facility run by Singapore’s PSAInternational Pte Ltd at Jawaharlal Nehru Port, has sought a performance-linked rate hike of 7 percent from the state-run port
NEW DELHI : Notwithstanding a dip in exports in February, the outlook for exports remains bright for the country, according to Federation of Indian Export Organisations (FIEO) Director-General and Chief Executive Officer Ajay Sahai. “We are going
NEW DELHI : FIEO welcomes the milestone achievement of USD 767 bn goods and services, amidst global headwinds during 2022-23. With this India’s goods exports hit a three-quarter high to cross USD 40 billion
LONDON : The World Trade Organisation (WTO) on Wednesday said that the global merchandise trade volume is expected to grow 1.7 per cent in 2023 as compared to an earlier estimate of 1 per
COPENHAGEN : The ocean carriers’ global schedule reliability increased sharply by 7.7% month-to-month in February 2023, reaching 60.2%, according to Sea Intelligence. On a year-to-year level, schedule reliability has marked a staggering 26% rise.
ABU DHABI : AD Ports Group has signed a General Corporate Facility deal with a consortium of 13 regional and foreign banks. The multi-currency facility, worth approximately US$2 billion, is divided into three tranches
BEIJING : Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss shipping line Mediterranean Shipping Company (MSC).
FRANCE : GEODIS, a world leader in transport and logistics, is pleased to announce the appointment of Ms.Camille Porgès as EVP Governance, Risks and Compliance. She will join the Group’s executive committee, which is
ZURICH : ABB will supply an integrated power and propulsion package comprising dual Azipod® propulsors and the Onboard DC Grid™ power system for two newbuild Finnish Border Guard patrol vessels Azipod® propulsion system ensures
NETHERLANDS : In June, maritime professionals will gather for the Royal Institution of Naval Architects (RINA) 11th instalment of the Surveillance, Search and Rescue Craft (SURV) Conference. The event will take place on 21-22
