Govt lifts ban on non-basmati white rice exports, removes floor price
NEW DELHI : The Union government on October 23 removed the minimum export price (MEP) of $490 per tonne on overseas shipments of non-basmati white rice, a move expected
SeaLead launches new MGX Service connecting Jebel Ali with the Mediterranean via Suez
SINGAPORE : SeaLead, a fast-growing global shipping line, has announced the launch of its new direct liner service, the Mediterranean Gulf Express (MGX). This new service will enhance
Air cargo volume flies up at Singapore
SINGAPORE : Singapore Changi Airport handled 512,000 tonnes of airfreight in the third quarter of 2024 (July to September), up 13.5% on the same period last year. Growth
UNCTAD report reveals shipping costs burden developing countries disproportionately
WASHINGTON : The United Nations Conference on Trade and Development (UNCTAD) has published its latest annual report, Review of Maritime Transport 2024, which sheds light on the significant challenges
New Leadership Team elected at INTERCARGO
LONDON : INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect
New horizons for sustainable energy: first signatures open the door to innovation in Klaipėda Port
KLAIPEDA: Some of the most important signatures have been put on the first project for green hydrogen production and refueling stations in Klaipėda and the country. Klaipėda Port
Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships
India to be World’s 3rd Largest Economy by 2027: FM Sitharamam
NEW YORK : Finance Minister Smt. Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world’s third-largest economy
SCI successfully inducts M.V. SCI Delhi into their Europe Service
MUMBAI : The Shipping Corporation of India happily announced the successful induction of the container vessel M.V. SCI Delhi into their Europe Service from DP World NSIGT. This
MoRTH approved 50 NH projects in Manipur, prioritizes 902 km of road development in hilly areas
NEW DELHI : The Ministry of Road, Transport and Highways has approved 50 National Highway projects of 1026 km length in Manipur. Out of this, 44 projects of