Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not
Baltic index extends decline as larger vessel rates dip
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as rates for
ClassNK approves 3D basic design drawings of Multi-Purpose Container Carrier developed by NYK Line
TOKYO : ClassNK has granted approval to the basic design drawings of a multi-purpose container carrier developed by Nippon Yusen Kabushiki Kaisha (NYK Line) utilizing 3D models. This
PPA begins technology modernisation of Paradip Port
PARADIP : Paradip Port Authority (PPA) to work with ID Tech to modernise its facilities with the use of new systems to upgrade gate management and optimise cargo
CONCOR to gain from dedicated freight corridor, says MOSL
NEW DELHI : Container Corporation of India Ltd. (CONCOR) will be a key beneficiary of the Dedicated Freight Corridor (DFC), which is likely to result in volume growth driven by
Maersk resumes Panama Canal transit service as rainy season approaches
COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red
ZIM overtakes Yang Ming in global liner rankings
HAIFA : Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10 same-size vessels
DGTR recommends anti-dumping duty on sodium cyanide imports
NEW DELHI : The Directorate General of Trade Remedies (DGTR) has recommended imposition of anti-dumping duty on Sodium Cyanide (NaCN) imported from China, European Union (EU), Japan and
MSAMB targets to export 5,000 tonnes of mangoes to US & Europe
MUMBAI : The Maharashtra State Agricultural Marketing Board (MSAMB) has set a target of processing and exporting 5,000 tonnes of mangoes from its facilities this season. Sanjay Kadam,
PSA Singapore receives Wellbeing Innovation Award for Championing Mental Wellness in the Workplace
SINGAPORE : PSA Singapore has been honoured with the Well being Innovation award at the 2024 WorkWell Leaders Awards – an annual event organised by Singapore-based charity WorkWell