Drewry: World Container Index up 151% on a Yearly Basis
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
Baltic Index logs monthly rise on strong Capesize demand
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, marking a monthly gain, supported by increasing demand
Adani Ports signs 30-year concession to operate Container Terminal 2 at Dar es Salaam Port
AHMEDABAD/ABU DHABI : Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement
Mahindra Logistics to form JV with Japan’s Seino Holdings
MUMBAI : Mahindra Logistics Ltd. has agreed to form a joint venture with Japan’s Seino Holdings Co. to address warehousing and trucking needs of Japanese auto firms operating
Govt of India’s Harit Sagar Guidelines leading the way for focussed efforts in Green Transitions i
MUMBAI : Capt. Praveen S. Khara, Chief Port Officer of the Maharashtra Maritime Board, emphasized the government’s active promotion of the Harit Sagar guidelines at the Harit Sagar
GTI receives fresh water produced by Maersk Vessel
MUMBAI : Gateway Terminals India Pvt. Ltd. is happy to support Maersk Line’s latest sustainability drive related to production and landing of fresh water onboard ocean-going vessels. Cargo
Cochin Shipyard arm bags ‘notable’ order from Adani Group Company to construct three ASD
KOCHI : Cochin Shipyard Ltd. on Friday, May 31, said its wholly-owned subsidiary Udupi Cochin Shipyard (UCSL) has bagged a ‘notable’ order from an Adani Harbor Services Ltd.
Snowman Logistics Reports Exceptional Year: Reports Revenue of INR 503.37 Crores and EBITDA of INR 1
MUMBAI : During the quarter ended March 31, 2024, Snowman Logistics Ltd recorded revenue of INR 126.54 Crores as against INR 112.35 Crores for the same period in
DPIIT promoting Manufacturing Incubators for Startups
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking various measures to encourage the startup ecosystem and the industry at large to
UAE looking to expand scope of trade under CEPA with India
SINGAPORE : The United Arab Emirates is looking to expand the scope of trade and services covered under the Comprehensive Economic Partnership Agreement (CEPA) with India to further
