CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted severe economic losses on Egypt. In
LONDON : Drewry’s World Container Index increased 4% to $3,213 per 40ft container this week. Drewry’s detailed assessment for Thursday, 31 October 2024
LONDON : The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight weekly loss, weighed by weaker rates across vessel types. The index, which factors in rates for
GANDHIDHAM : To regain the ground ceded to Paradip Port last year, Kandla—one of the oldest major ports of India—is working on a long-term expansion plan to develop a new multipurpose berth and a new
RIYADH : Union Minister of Commerce and Industry, Shri Piyush Goyal, successfully concluded his visit to the Kingdom of Saudi Arabia. During the visit, Shri Piyush Goyal participated in the Plenary Session of the
LONDON: The UK is very keen to clinch the Free Trade Agreement (FTA) with India and is building towards that magic moment, Britain’s minister in charge of the Indo-Pacific said during a special Diwali
MUMBAI : Jawaharlal Nehru Port Authority – India’s Best Performing Port, in a spirited tribute to Sardar Vallabhbhai Patel, celebrated Rashtriya Ekta Divas with great enthusiasm. The day began with a collective oath-taking ceremony,
COPENHAGEN : A.P. Moller – Maersk (Maersk) continued its strong business performance in the third quarter. Maersk reported growth across its businesses and financial results significantly above those of the previous year, primarily driven
MUMBAI : PSA Mumbai has celebrated the arrival of advanced container handling equipment for Phase 2! This shipment features two Super Post-Panamax Rail Mounted Quay Cranes (RMQC) and six energy-efficient e-Rubber Tyred Gantry (RTG)
COPENHAGEN : A.P. Moller-Maersk, opens new tab 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
