ATHENS : Container shipping rates are on the rise once more. In its latest weekly report, shipbroker Xclusiv said that “container shipping rates are soaring, nearing record highs from the pandemic era as the
NEW DELHI : India is exploring connectivity trial runs with Middle East; and the first phase would involve linking one port on the country’s west coast with its counterpart in West Asia. The trials,
VIRGINIA : The Global Cold Chain Foundation (GCCF) is thrilled to welcome two distinguished experts to its Council of Scientific Advisors (CSA) : Dr. Stephanie Clark and Dr. Debjit Roy. The CSA is dedicated
NEW DELHI : The 16th Finance Commission Chairman Arvind Panagariya on Friday said GDP growth at 8.2 per cent for 2023-24 is a “great news for India”. “As predicted, the GDP growth rate for
BHUBANESHWAR : Stevin Shipping Private Limited, a prominent player in the shipping and logistics industry, is set to manage two substantial dry bulk cargo movements involving iron ore on India’s east coast. The operations,
SINGAPORE : Three new berths will start operations at Singapore Tuas Port later this year to tackle extended waiting times for ships after Red Sea shipping tensions boosted vessel arrivals, said Singapore’s Maritime and
TAIPEI : Yang Ming Marine Transport’s management has hinted that the company will enter the league of 24,000 TEU boxship owners. Speaking at a shareholders’ meeting after releasing the Taiwanese liner operator’s 1Q 2024
YEMEN : Yemen’s Houthis, an Iran-aligned group, on Friday said they had launched a missile attack on the United States (US) aircraft carrier Eisenhower in the Red Sea in response to US and British
NEW DELHI : Travelling on Expressways will experience higher toll charges, as the National Highways Authority of India (NHAI) has decided to raise fees across the country by an average of 5 per cent,
MUMBAI : In a strategic move towards fostering sustainability and reducing its carbon footprint, Blue Dart, South Asia’s leading courier and integrated express package distribution company, unveiled an expansion of its electric vehicle (EV) fleet,