NEW YORK : President Joe Biden will shortly order American transportation agencies to address competition in rail and shipping, as shippers struggle with sky high freight rates. Biden’s executive order will tap the Federal
An Iran-affiliated outlet has reported an attack on the boxship CSAV Tyndall, a vessel previously owned by Israeli shipowner Eyal Ofer. According to Israeli media, the vessel was struck by an unknown weapon while under way
Vaggelis Marinakis’ Capital group has a mixed fleet of over 80 ships, including tankers, container ships and dry cargo. At the same time, the company is pushing ahead with a large investment program exceeding
NEW DELHI : Shri Sarbananda Sonowal takes charge as Shipping Minister and held a preliminary meeting with senior officials of the Ministry of Ports, Shipping & Waterways (MoPSW) in New Delhi on Thursday and
NEW DELHI : The CBIC has streamlined certain processes in Customs under which a officer would have to communicate his ‘first decision’ on the import document filed by an importer within three working hours.
Dubai: The Dubai Government owned DP World is adding more to its Africa interests, having made an open offer to acquire all outstanding shares in the South African company Imperial Logistics. Deal would land
COCHIN : Opening up many investment opportunities after the second wave of Covid, the Cochin Port has floated e-tenders for its plots in Kochi, including Willingdon, Puthuvypeen, and Vallarpadam, to be leased for 30
HAMBURG : Deal approved by worldwide antitrust authorities and completed between the parties // Acquisition supports Hapag-Lloyd’s strategy to grow in Africa Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile
COPENHAGEN : Maersk has announced it will not accept any Iranian-owned containers on its vessels from now on, applying potential fines and penalties in such cases. “Potential fines and penalties apply to all parties,
DUBAI : Firefighting boats on Thursday poured cascades of water on a container ship that had erupted in a fiery explosion at Dubai’s main port the previous night, rocking the commercial hub of the
