India’s engineering exports to key markets decline in February
NEW DELHI : India’s engineering exports to 17 out of 25 key markets such as the US and China declined in the month of February 2023 primarily driven
OOCL reports stronger financial result, lower box volumes in 2022
HONG KONG : Orient Overseas (International) Limited, the parent company of Orient Overseas Container Line (OOCL) announced the full-year results for 2022, reporting revenue of US$19.82 billion. In
Sixth cruise vessel of season-Silver Spirit, docked at NMPA
MANGALORE : Silver Spirit, the sixth cruise vessel of the current season called at New Mangalore Port Authority (NMPA) and docked on March 21, 2023 at 0800 hours. The
MSC upgrades ScanBaltic to USA Service
GENEVA : MSC is pleased to announce the enhancement of its ScanBaltic to USA service which directly connects the Northwest continent and USA markets. The new rotation will
Shipping industry groups reach agreement on critical safety concerns
LONDON : Cargo Incident Notification System (CINS), Confidential Human Factors Incident Reporting Programme (CHIRP), Container Owners Association (COA), International Cargo Handling Coordination Association (ICHCA) and Ship Message Design
Container movement to fall in 2023 : Mizuho Bank
TOKYO : Mizuho Bank‘s industry research division predicts that demand for maritime container transport will fall in 2023 in a study on current supply and demand trends and
Green hydrogen ; not so much a pipe dream, more a reality
ROTTERDAM : The two people who inspired him dared to go for it: entirely sustainable. He talks about former CEOs Jeroen de Haas (Eneco) and Ab van der
Efficient logistics ecosystem to drive us through Amrit Kaal to become Atmanirbhar Bharat : Piyush
NEW DELHI : At the one-day workshop on “Logistics Cost Framework” organized by DPIIT, Ministry of Commerce and Industry, in partnership with Asian Development Bank (ADB) in New
MoSPI : Govt to spend ₹4.5 lakh crore more on infra projects
NEW DELHI : The government is expected to spend ₹4.46 lakh crore more on infrastructure projects than the original estimates, a report released by the infrastructure and project monitoring division
India to spend 1.7% of its GDP on logistics to set stage for $5 trn economy
NEW DELHI : India will spend a whopping 1.7 per cent of its GDP on transport infrastructure this year — around twice the level in America and most