CMA CGM increases rates on Transatlantic trade
MARSEILLE : French ocean carrier CMA CGM announced adjustments on its rates, due to the “unsustainable rate levels” reached on the Transatlantic trade, effective from November for all
Mawani boosts Maritime Links with addition of CMA CGM’s India Gulf Express Service to King Abd
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the India Gulf Express freight service, operated by the French container carrier CMA CGM, to King
KEZAD commences AED 330m primary Infrastructure Development for Food and Auto-Hubs
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones in the UAE, announced that infrastructure work at
Höegh Autoliners sheds one car carrier and buys another
NORWAY : Norwegian car carrier player Höegh Autoliners has reached an agreement for the sale of one and the acquisition of another vessel. Höegh said on Monday that
India, Japan and South Korea should work together to protect shipping
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In
Dry Bulk Market – Capesizes on correction mode : Baltic Exchange
LONDON : The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player
PM Modi to launch multiple development projects on 2-day Gujarat visit from Oct 30
NEW DELHI : Prime Minister Shri Narendra Modi will be on a two-day visit to Gujarat from today, Monday during which he will inaugurate and lay the foundation
Gadkari announces Mihan expansion, making city cargo capital, tech hub
NAGPUR : It’s advantage Vidarbha as the city’s ambitious Mihan Project will be expanded towards Gumgaon near Samruddhi Expressway and Hingna. Addressing a meeting of MPs, MLAs and
Adani APSEZ adds new Aircraft Leasing Unit in GIFT City
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) has officially established a fully-owned subsidiary company called Udanvat Leasing IFSC Unit. This subsidiary’s primary purpose is to engage in
Coming up Rs. 700 crore ‘Twisted’ tower in GIFT City; Approval granted for its construction
GANDHINAGAR : Approval has been granted for the construction of the first “twisted” building in GIFT City, with an estimated cost of 700 crore rupees. Ahmedabad-based Shivalik Developers