Global Merchandise Trade is expected to grow 1.7% : WTO
LONDON : The World Trade Organisation (WTO) on Wednesday said that the global merchandise trade volume is expected to grow 1.7 per cent in 2023 as compared to
Ocean carriers increase schedule reliability, Maersk ahead of competitors
COPENHAGEN : The ocean carriers’ global schedule reliability increased sharply by 7.7% month-to-month in February 2023, reaching 60.2%, according to Sea Intelligence. On a year-to-year level, schedule reliability
AD Ports secures US$2 billion corporate facility deal with banks syndicate
ABU DHABI : AD Ports Group has signed a General Corporate Facility deal with a consortium of 13 regional and foreign banks. The multi-currency facility, worth approximately US$2
Dalian begins works on new MSC LNG-powered 16,000 TEU vessel
BEIJING : Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss
New appointment to the GEODIS executive committee
FRANCE : GEODIS, a world leader in transport and logistics, is pleased to announce the appointment of Ms.Camille Porgès as EVP Governance, Risks and Compliance. She will join
ABB to power two new multi-purpose patrol vessels for Finnish Border Guard
ZURICH : ABB will supply an integrated power and propulsion package comprising dual Azipod® propulsors and the Onboard DC Grid™ power system for two newbuild Finnish Border Guard
In partnership with RNLI and Damen Shipyards, the Royal Institution of Naval Architects to host the
NETHERLANDS : In June, maritime professionals will gather for the Royal Institution of Naval Architects (RINA) 11th instalment of the Surveillance, Search and Rescue Craft (SURV) Conference. The
PM applauds as Indian Major Ports sets new records of handling 795 MMT of cargo
NEW DELHI : The Prime Minister, Shri Narendra Modi has expressed happiness as the major ports under Ministry of Ports, Shipping and Waterways (MoPSW) have set new records
Piyush Goyal : Logistics has become the centerpiece of India’s policy
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal said that logistics has become the centerpiece of
SMP Kolkata creates an all time record in the Port’s history after 1870
KOLKATA : In its 153 years history, Syama Prasad Mookerjee Port, Kolkata (SMP Kolkata) including Kolkata Dock System and Haldia Dock Complex, for the first time, handled 65.66
