Centre extends export ban on onion till further orders
NEW DELHI : The Centre has extended the export ban on onion till further orders. The decision has been taken to increase domestic availability and to keep the
Pirates demand $5mn ransom for release of Bangladeshi crew of MV Abdullah
SOMALIA : Pirates have demanded a staggering $5 million (₹420 million) for release of 23 Bangladeshi crew held captive aboard the ship MV Abdullah. The Bangladeshi-flagged vessel was
Patenga Container Terminal set for April start, to expedite port activities
CHATTOGRAM : The much-discussed Patenga Container Terminal, which was built two years ago and formally inaugurated in November last year at Chattogram port, is set to go into
AD Ports Group acquires majority stake in Tbilisi Dry Port
ABU DHABI : AD Ports Group a leading facilitator of global trade, logistics, and industry, announced the signing of a purchase agreement with Inveco LLC to acquire 60%
DACHSER stays on course and expands its global network
KEMPTEN : After the economic boom in logistics resulting from the coronavirus pandemic and worldwide disruption to supply chains, normalcy returned to the industry in 2023. DACHSER was
QatarEnergy signs agreements for 25 conventional-size LNG vessels
QATAR : QatarEnergy announced in a statement that it has signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG
Bahri Line expands fleet with a new Multi-Purpose Vessel
RIYADH : Bahri Line has continued its venture into the niche multipurpose sector with the addition of an MPP to its fleet. The company said it has added
Baltic index slips to three-week low on weaker capesize, panamax rates
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments.
Drewry : World Container Index down by 5% last week
LONDON : Drewry’s World Container Index decreased by 5% to $3,010 per 40ft container this week.
IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fo
LONDON : The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and
