BALTIMORE : On March 26, the cargo ship Dali lost power and crashed into one of the Francis Scott Key bridge’s supporting columns and caused the bridge to collapse. The ship headed out of
GENEVA : Mediterranean Shipping Company (MSC) has announced the new Dhalia Service connecting Asia with the west coast of Mexico.The service will feature a rotation that will serve the trade between southern China and
ANTWERP : Operations in Port of Antwerp-Bruges resume after container fire after container fire breaks out, Port of Antwerp-Bruges reported a container fire incident at MSC PSA European Terminal (MPET), quay 1742. On 24 June
MELBOURNE : The Port of Melbourne has announced its May trade figures, which indicate a considerable year-on-year (YoY) rise in container throughput to 281,000 TEU. In May 2024, full container import volumes (excluding Bass
WASHINGTON DC : Detention and demurrage (D&D) cases handled by the Federal Maritime Commission (FMC) in the United States have trebled since the pandemic and are set to reach historical highs by the end
NEW DELHI : S&P Global Ratings on Monday retained India’s GDP growth forecast for the current financial year at 6.8 per cent and said high interest rates and lower fiscal spur would temper demand.
NEW YORK : The spot rate for shipping goods in containers to Europe from Asia rose for a ninth straight week, the longest stretch of rising prices since the pandemic disrupted global supply chains
NEW DELHI : Prime Minister Shri Narendra Modi on Saturday said that the state visit of Bangladesh PM Sheikh Hasina to India was special, and that Dhaka is key to India’s Neighbourhood First, Act
NEW DELHI : In an effort to edge out China in its strategic backyard, India recently announced that it will send a technical team to neighbouring Bangladesh for the conservation and management of Teesta
MOSCOW : After being held up for several years, the India-Russia Mutual Logistics Agreement is ready for conclusion, with Russia approving the draft agreement over the past week. The agreement will simplify military-to-military exchanges for exercises,
