NEW DELHI : The government is expected to spend ₹4.46 lakh crore more on infrastructure projects than the original estimates, a report released by the infrastructure and project monitoring division of the Ministry of Statistics and
NEW DELHI : India will spend a whopping 1.7 per cent of its GDP on transport infrastructure this year — around twice the level in America and most European countries — a feat that
NEW DELHI : A task force will be set up for formulating a framework to determine logistics costs in the country, the commerce and industry ministry has said. It was decided in a workshop
BENGALURU : Locus, a global last-mile logistics technology company, announced the launch of ShipFlex, a third-party delivery platform that provides businesses with the flexibility to fully outsource their deliveries to a wide range of
DAMMAM : King Abdulaziz Port in Saudi Arabia handled 18,553 TEUs on a single vessel, making it the highest throughput ever recorded across Saudi ports. The previous record of the port was 18,021 TEUs
COPENHAGEN : Maersk, the Danish container shipping major, has announced the design details of its first methanol-powered vessel. Maersk said it expects to receive the first boxship of this type by South Korea’s Hyundai
RIYADH : The Saudi Ports Authority (Mawani) has won the Excellence in Corporate Branding award at 16th ShipTek International Conference and Awards held in Dubai, UAE. The prestigious honor acknowledges the national maritime regulator’s
DEHRADUN : Chevron Corp., and Indian maritime technology company Blue Water Trade Winds Pvt. Ltd, announced the official signing of their contract to implement Blue Water’s “BOSS Voyage Optimisation Suite” on the Chevron’s TC
GENEVA : MSC announced the enhancement of its KIWI Service which will connect Australia, New Zealand and Thailand on a weekly basis. The full rotation of the updated service will be as follows: Laem
SINGAPORE : Ocean Network Express (ONE) has introduced a new service from Singapore to Yangon, Myanmar (SMM), strengthening the company’s network in the region. ONE said this new service SMM will consolidate the existing
