US invites India to join naval coalition in Red Sea
NEW DELHI : The US has invited India to join the multi-national naval coalition, Operation Prosperity Guardian, to counter threats posed by Yemen’s Houthi militants in the Red
US and Allies issue ‘Final Warning’ to The Houthis over Red Sea Attacks
WASHINGTON : A strong warning has been issued to the Houthi rebels in Yemen by the United States and twelve of its allies, including Australia, Belgium, Bahrain, Canada,
Houthis Warn Biden After Fresh Ship Attack; Ship ‘Attacked’ near Houthi Bastion in Red S
SANAA : Yemen’s Houthi militant group has issued a big warning to the United States. Houthis said the U.S. will be punished if it continues with reckless actions
Indonesia requests 900,000 tonnes of onions from India amid export ban
NEW DELHI : Indonesia has requested 900,000 tonnes of onions from India amidst an export ban, emphasising the significance of Indonesia as India’s largest trade partner in ASEAN.
Tamil Nadu’s Integrated Logistics Plan is a Boon for the Logistics Sector : Aakanksha Bhatt, VP, J
CHENNAI : Tamil Nadu is one of India’s most progressive and rapidly developing states, with a strong focus on infrastructural growth. Tamil Nadu has retained its top spot
REC join hands with Bank of Baroda to finance Power, Infrastructure and logistics projects
NEW DELHI : State-owned REC Ltd has inked an initial pact with Bank of Baroda to jointly offer loans for power, infrastructure and logistics projects in India over
Maersk Group looking for the development of Laldia Container Terminal
DHAKA : Chittagong Port Authority (CPA) and the APM Terminals, a subsidiary of the Maersk Group, are set to negotiate a transformative Public-Private Partnership (PPP) for the development
Red Sea crisis pushes container shipping spot rates to highest level in over a year
LONDON : Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by Iran-backed
AD Ports subsidiary acquires APM Terminals Castellón for $11m in Spain
RIYADH : Abu Dhabi Ports Group has expanded its operational capacity with the acquisition of Spain’s APM Terminals Castellón for €10 million ($10.93 million) through a subsidiary. The
COSCO Shipping Energy invests $449M in methanol dual-fuel tankers
SHANGHAI : COSCO Shipping Energy Transportation, has recently finalized significant shipbuilding agreements, securing contracts for the construction of six new tankers valued at a total of $449 million.
