Houthis claim missile attack on US Navy aircraft carrier in the Red Sea
YEMEN : Yemen’s Houthis, an Iran-aligned group, on Friday said they had launched a missile attack on the United States (US) aircraft carrier Eisenhower in the Red Sea
NHAI tolls going to hike across Highways by 5% from Today
NEW DELHI : Travelling on Expressways will experience higher toll charges, as the National Highways Authority of India (NHAI) has decided to raise fees across the country by
Blue Dart Expands EV Fleet for a Greener Future on World Environment Day
MUMBAI : In a strategic move towards fostering sustainability and reducing its carbon footprint, Blue Dart, South Asia’s leading courier and integrated express package distribution company, unveiled an expansion
Indian Naval Ship Shivalik departed Singapore to participate in JIMEX 24 and RIMPAC 24
NEW DELHI : INS Shivalik, mission deployed to the South China Sea and Pacific Ocean, departed Singapore on 30 May 24 for onward passage to Yokosuka, Japan. During
Pakistan and European shipping firm expected to sign $2 billion investment agreement by October
KARACHI : Pakistan is expected to sign a $2 billion investment deal with a European shipping firm by October this year, the Pakistani maritime affairs minister said on
New air cargo route inaugurated between China and Pakistan
KARACHI : A new air cargo route has been launched between Pakistan and China to further enhance trade ties between the two all-weather allies, ahead of Prime Minister
Investors’ changing preferences for new ships
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles. Some further shifts, perhaps equally striking, can be
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