The Baltic Dry Index or BDI, London-based Baltic Alternate’s foremost sea freight index that tracks charges to ship dry bulk commodities, rose essentially the most in over ten years on Wednesday lifting the spirits
SINGAPORE : Singapore and Hong Kong move up rankings as the status of Paris slips, according to major survey Singapore has ranked jointly with London as the world’s favourite arbitration centre in a survey
DENMARK : The incredible tightness of available slots on almost all tradelanes has forced one of the world’s largest logistics operators to charter in a small ship to move cargoes from Asia to Europe.
China’s withdrawal of export rebates of 13 per cent on 146 steel products and scrapping import duty cut on crude steel, pig iron and scrap augurs well for Indian steel companies. The withdrawal of
A huge surge in containership newbuild orders could act to shorten the current market boom for the sector, analyst Drewry warns. LONDON : Container shipping is enjoying a boom brought about by soaring demand
MUMBAI : Indian offshore drilling player Jindal Drilling & Industries has received a letter of award from Oil and Natural Gas Corporation (ONGC) for the charter hire of its 2014-built jackup Jindal Explorer. According to
MUMBAI : Adani Ports and Special Economic Zone (APSEZ) consolidated its presence in the Indian container port market during the 2021 fiscal year, raising its market share to 41% as its flagship hub in
MUMBAI : The global Covid – 19 pandemic has overthrown people around the World to a new socisl and economic crisis. This highlights the need for urgent action to protect the population. Express Global
MUMBAI : Indian ports are making every effort to keep the country’s supply chain intact in the face of rising COVID-19 cases, and both private and public sector terminal operators are contributing to the
MUMBAI : The global Covid-19 pandemic has overthrown people around the world to a new social and economic crisis. This highlights the need for urgent action to protect the population. Express Global Logistics (EXG),
