NEW DELHI : Asian Development Bank kept India’s FY25 growth forecast unchanged at 7 percent from its April outlook, according to its latest report released on July 17. The Asian lender projected the economy
DUBAI : Preparations are gathering pace for the TMS Awards 2024, which will be held at the Atlantis, The Palm, on Wednesday November 6th. This is the most prestigious event of its kind on
COPENHAGEN : Market insights to power your logistics decisions. The resilience of your supply chain is always our top priority. We are confronted by a range of challenges which include geopolitical tensions, climate change,
COPENHAGEN : Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024. Origin Destination Charge Basis Container Currency
GENEVA : The 2M Alliance, which currently includes the top two shipping lines MSC and Maersk, is scheduled to conclude in February 2025. Following this, Maersk will join forces with Hapag-Lloyd to establish the
RIYADH : Bahri, a global leader in logistics and transportation, has entered into a training agreement with the Saudi Logistics Academy (SLA), a non-profit training facility established to qualify young Saudi talent across several
MARSEILLE : Container Line CMA CGM has announced that effective from 15 August, a rate restoration initiative 5 (RRI05) will be implemented from North Europe to the United States. This initiative applies to all
SINGAPORE : CMA CGM’s intra-Asia shortsea specialist CNC launched a new service between Singapore and Myanmar on 24 June. CNC’s Yangon Singapore Express (YSX) service offers a direct connection for cargo movement between the
RIYADH : Saudi Global Ports (SGP), a member of the PSA Group, has recently received three quay cranes (QC) equipped with automation capabilities and photovoltaic panels, as well as three hybrid automated Rubber Tyre
BRUSSELS : Free Zones are widely used around the world to promote exports and facilitate foreign direct investment. Appropriate Customs operations and procedures in Free Zones, in cooperation with the private sector and other
