WASHINGTON D.C. : The U.S. International Trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022. Economists surveyed by The Wall Street
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker
JAKARTA : DHL Global Forwarding, the freight specialist of DHL Group, has announced its continued partnership as the Official Logistics Partner for the Shell Eco-marathon Asia Pacific and the Middle East competition. Building on
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Thursday, dragged by weaker demand across all vessel segments. The
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s best-performing port, continues to scale new heights by handling 1,688,145 TEUs of containers from April 2024 to June 2024. This represents a growth of 10.60%, compared
MUMBAI : Brihanmumbai Custom Brokers Association( BCBA) organised ‘Logistics Conclave 2024‘ following the aim of “Logistics in Amritkaal: Paving the Path for India’s Golden Era” at Taj Mahal Palace Hotel, Mumbai on June 27,
GANDHIDHAM : Deendayal Port Authority, Kandla is thrilled to announce that they have set a new record! In June 2024, they handled an astounding 16,63,618 MT of Salt, surpassing their previous high of 12,84,545
NEW DELHI : The Narendra Modi Government on July 3 constituted various cabinet committees, including the country’s highest decision-making bodies on security, economic and political affairs. According to an official notification, the Cabinet Committee
NEW DELHI : Anticipating better economic expansion, the Finance Ministry is likely to increase its nominal gross domestic product (GDP) growth target for FY25 in the upcoming Budget from its assumption of 10.5 per
