SINGAPORE : Orient Overseas Container Line (OOCL) has announced increased revenues and volumes in the second quarter of the year compared to the same period in 2023. In particular, the COSCO-owned ocean carrier reported
COPENHAGEN : A.P. Moller-Maersk launched a new ocean shipping service between China and Bangladesh to meet the growing trade demand, especially in the retail industry. The new service, called SH3, commenced service on 7
One of the biggest logistics industries globally, India connects various sectors by offering supply chain, warehousing, and transportation solutions from suppliers to customers. This industry is critical to India’s thriving economic climate, supporting the
SHANGHAI : Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight Index (SCFI) closed on 12 July, the Shanghai-US West
DUBAI : House of Shipping, a leading provider of business consultancy and advisory services in the maritime, shipping and logistics industries, announced it has signed an agreement with Gulftainer, a leading operator of regional
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday as rates for capesize vessels declined. The overall index, which factors in
PANAMA CITY : When ships trade across the ocean, they can introduce invasive aquatic species (IAS) to new marine environments, posing one of the greatest threats to the world’s freshwater, coastal, and marine ecosystems.
MUMBAI : The Prime Minister Shri Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth more than Rs Rs 29,400 crores
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW) has approved a research proposal on Valorization of Dredged Sediments. The project, sanctioned at an estimated cost of Rs. 46,47,380/-, will be implemented
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW), Government of India, will convene the State Maritime & Waterways Transport Committees (SMWTC) meeting on 16th July 2024 at 10:00 AM via video
