LONDON : The Baltic Exchange’s main sea freight index fell on Friday, marking its first weekly decline in three, as the capesize segment dipped. The overall index, which factors in rates for capesize, panamax
LONDON : Drewry’s World Container Index decreased 5% to $3,489 per 40ft container last week. Drewry’s detailed assessment for Thursday, 3 October 2024
NEW DELHI : Prime Minister Shri Narendra Modi called an urgent meeting of the government’s topmost decision-making body – the Cabinet Committee on Security over the crisis in West Asia. The committee comprising the
NEW DELHI : The Federation of Freight Forwarders’ Associations in India (FFFAI) successfully concluded its 61st Annual General Meeting (AGM) on September 30, 2024, at Ashoka Hotel, New Delhi. The event brought together a
MUMBAI : The Jawaharlal Nehru Port on Friday said it has posted a 16.49 per cent growth in container traffic at 596,790 TEUs (twenty-foot equivalent units) in September over the corresponding month of the
NEW DELHI : The Prime Minister, Shri Narendra Modi addressed the Kautilya Economic Conclave in New Delhi. Organized by The Institute of Economic Growth in partnership with the Ministry of Finance, the Kautilya Economic
WASHINGTON D.C. : The 6th consecutive India-US Commercial Dialogue, chaired jointly by the Union Minister of Commerce and Industry, Government of India, Shri Piyush Goyal, and U.S. Secretary of Commerce, Ms. Gina Raimondo was held
GANDHINAGAR /MUMBAI : Alphard Maritime Group plans to set up a $500 million shipping fund in the Gujarat International Finance Tec-City (GIFT City) to become an enabler for Indian shipping tonnage, its Chairman and
NEW YORK : U.S. East Coast and Gulf Coast ports were reopened on Friday after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a
MUMBAI : The Director General of Shipping has issued an advisory for seafarers, employers /vessel owners on calling to Iranian ports in light of the Iran-Israel war. Quoting the advisory issued by the External
