NEW DELHI : INS Shivalik, mission deployed to the South China Sea and Pacific Ocean, departed Singapore on 30 May 24 for onward passage to Yokosuka, Japan. During the ship’s OTR at Singapore, various
KARACHI : Pakistan is expected to sign a $2 billion investment deal with a European shipping firm by October this year, the Pakistani maritime affairs minister said on Thursday, amid growing global interest in
KARACHI : A new air cargo route has been launched between Pakistan and China to further enhance trade ties between the two all-weather allies, ahead of Prime Minister Shehbaz Sharif’s visit to Beijing next
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles. Some further shifts, perhaps equally striking, can be expected over the years ahead. Collective
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, marking a monthly gain, supported by increasing demand for the capesize vessel segment. The
AHMEDABAD/ABU DHABI : Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to
MUMBAI : Mahindra Logistics Ltd. has agreed to form a joint venture with Japan’s Seino Holdings Co. to address warehousing and trucking needs of Japanese auto firms operating in India. The joint venture, an
MUMBAI : Capt. Praveen S. Khara, Chief Port Officer of the Maharashtra Maritime Board, emphasized the government’s active promotion of the Harit Sagar guidelines at the Harit Sagar Conference 2024 organized by CII under
MUMBAI : Gateway Terminals India Pvt. Ltd. is happy to support Maersk Line’s latest sustainability drive related to production and landing of fresh water onboard ocean-going vessels. Cargo ships undertaking global trade are equipped