NEW DELHI : Coastal shipping is a cost-effective and carbon-efficient mode of transport. Yet, India has not fully utilised its 7,500 km coastline and over 14,000 km of navigable inland waterways — water transport accounts
NEW DELHI : India’s export competitiveness has significantly improved across various sectors—especially in petroleum, gemstones, agrochemicals, and sugar—over the past five years. According to data from the Commerce Ministry, these segments have successfully increased
NEW DELHI : India’s garment exports are seeing a significant boost due to the ongoing unrest in neighboring Bangladesh. In the first half of the current financial year, Indian garment exports rose by 8.5%,
WASHINGTON : The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base. Companies from China, Switzerland, Thailand, and Turkiye have also been slapped with
OSLO : Xeneta reported about the next year 2025 may be be another challenging year in ocean container shipping. “If 2024 has been defined by conflict in the Red Sea, the outlook for 2025
COPENHAGEN : A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez Canal until 2025 due to the
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, announced its financial results for the third quarter and the first nine months of 2024, reporting strong
TOKYO : Japan is planning to build an Automated Cargo Transport Corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers. The
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are clustering at a faster pace in
OSLO : The ocean container shipping market turned another corner in October as the Xeneta Shipping Index (XSI®) fell for the first time since June. The Global XSI®, which measures all valid long-term rates
