CMA CGM’s profit jumps on buoyant shipping demand
PARIS : Strong global demand pushed up CMA CGM‘s third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said
ONE Europe unveils advanced flat rack solution for special cargo, strengthening regional freight cap
SINGAPORE : Ocean Network Express (ONE) EAU is experiencing high interest and growing bookings for its new Flat Rack container solution. Launched in 2023, this solution is designed
PM Modi announces new airport near Vadhavan Port in Maharashtra
MUMBAI : Prime Minister Shri Narendra Modi on Friday announced that the government will soon begin work on a new airport near the ambitious Vadhavan Port project in Maharashtra, valued at
Indian Economy to expand to $35 trillion in 25 years : Piyush Goyal
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal stated on Friday that India’s economy, currently valued at $3.5 trillion, is set to expand to $35
Adani Gangavaram Port achieves a new record in timber log handling
VISAKHAPATNAM : Adani Gangavaram Port has set a new record of timber log handling on consecutive days of handling 4,392 metric tonnes and 4,206 metric tonnes of timber
VOC Port Authority shelves Rs 7,055 Cr Mega Container Terminal Tender
THOOTHUKUDI : The V O Chidambaranar (VOC) Port Authority in Thoothukudi, Tamil Nadu, has withdrawn a tender for constructing a 4 million TEU capacity container terminal at the
India’s goods, services exports to cross USD 800 $ Billion this fiscal : A Sakthivel
NEW DELHI : The country’s merchandise and services exports will cross USD 800 billion this fiscal due to the government support and competitive products of the domestic players,
Union Minister George Kurian emphasises to register all fishing vessels by the Coastal States
KOCHI : In one-day workshop on “Registration, Survey, and Certification” on fishing vessels, was held at CIFNET, Kochi, While underscoring the need for uniformity in the registration of
Shipping sector poised for ‘Infrastructure’ status, unlocking expanded financial aid opportuniti
NEW DELHI : In a strategic move to enhance financial support and growth opportunities, the government is considering granting the shipping sector “infrastructure” status. This designation could open
CMA CGM reinstates Suez transits on India-US route
MARSEILLE : CMA CGM has taken the lead among major carriers in reinstating the traditional — and significantly shorter — Suez Canal route that the vast majority of