OSLO : The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains resulted in record high carbon emissions in Q3. The Xeneta and Marine
GENEVA : Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply chains and economies is intensifying, with
NEW DELHI : Amid a growing push to increase export of indigenous defence equipment, the US, France and Armenia have emerged as the top three customers for Indian military exports. “India is presently exporting military equipment to more
PANAMA CITY : The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the
SHANGHAI : At the 2024 North Bund Forum held recently, China’s Shanghai Port and Germany’s Port of Hamburg vowed to work together on building a green shipping corridor, aiming to promote green transformation of
NEW DELHI : Prime Minister Shri Narendra Modi will on October 28 inaugurate and lay foundation stones for development projects worth more than ₹4,800 crore in Amreli district of Gujarat, the state government said in
NEW DELHI : Mormugao Port Authority has gained global recognition by being listed as an incentive provider on the Environment Ship Index (ESI) portal, acknowledged by the International Association of Ports and Harbours (IAPH).
AMRAVATI : The Union Cabinet greenlit two railway projects totaling Rs 6,798 crore on Thursday. These include a 57-km line to link Andhra Pradesh’s upcoming capital, Amravati and the expansion of a section in northern Bihar.
NEW DELHI : India is looking at further strengthening the pact on services with Australia in the proposed Compressive Economic Cooperation trade Agreement (CECA) to boost the sector’s exports, an official said on Thursday.The
KOLKATA : The West Bengal Government on Friday said its export and logistics policies will strengthen the state’s export sector, which currently generates approximately USD 11.7 billion in merchandise exports. At the launch of
