SHANGHAI : Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight Index (SCFI) closed on 12 July, the Shanghai-US West
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday as rates for capesize vessels declined. The overall index, which factors in
PANAMA CITY : When ships trade across the ocean, they can introduce invasive aquatic species (IAS) to new marine environments, posing one of the greatest threats to the world’s freshwater, coastal, and marine ecosystems.
MUMBAI : The Prime Minister Shri Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth more than Rs Rs 29,400 crores
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW) has approved a research proposal on Valorization of Dredged Sediments. The project, sanctioned at an estimated cost of Rs. 46,47,380/-, will be implemented
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW), Government of India, will convene the State Maritime & Waterways Transport Committees (SMWTC) meeting on 16th July 2024 at 10:00 AM via video
ZURICH : Union Commerce and Industry Minister Shri Piyush Goyal met Ngozi Okonjo-Iweala Director General WTO in Zurich. They have discussed the various ongoing negotiations at the multilateral forum and the progress achieved since
NEW DELHI : Shri Piyush Goyal, Commerce and Industry Minister of India, will visit Reggio Calabria, Italy on 16th and 17th July 2024 to participate in the outreach session of the G7 Trade Ministers’
NEW DELHI : The exports from India showed robust growth in May and remained positive in June and the first quarter of the current fiscal year, despite global challenges, according to Commerce and Industry
THIRUVANANTHAPURAM : The Adani Group has announced several new projects at its Vizhinjam International Seaport, including a cruise terminal, a bunkering unit for refuelling ships, a fishing harbour, a cement grinding plant, and a
