COPENHAGEN : Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have increased amid the crisis in the
COPENHAGEN : The global transport disruptions caused by the conflict in the Red Sea will last longer than expected and won’t be solved this year, according to AP Moller-Maersk, a bellwether for world trade.
NEW DELHI : Dabur India, which sells hair care products and beverages, said on Thursday that the recent controversy surrounding contaminated spice samples from India has hurt the exports of its Badshah Masala brand
Delhivery founder and CEO Sahil Barua said the logistics unicorn will also provide ecommerce companies with delivery services that will shorten the delivery cycle to 2-4 hours Delhivery will be setting up the dark
DUBAI : Preparations for the second Transportation and Climate Change Conference (TACCC) to be held in Abu Dhabi, at the Saadiyat Rotana Resort on Thursday September 26th, are gathering momentum. An exciting conference programme
TOKYO : ClassNK has issued an Approval in Principle (AiP) for the membrane-type LNG carrier installed with the ‘Wind Challenger’, a hard sail wind propulsion system. The ship is jointly developed by Mitsui O.S.K.
LONDON : The UK Chamber of Shipping and seven other maritime trade bodies have written to maritime minister Mike Kane to call for a successor to the Clean Maritime Plan to be an early
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of Intent (LOI) with the selected shipyard,
NEW DELHI : India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade and investment within five years. Prime Minister
NEW DELHI : India and Vietnam, two nations with a rich and intertwined maritime history, are joining forces to develop the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat. This partnership, rooted in centuries-old