Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted
Gati to double revenues to Rs 3,000 crore in next three years
MUMBAI : Gati, an Allcargo Group company, intends to double revenues to ₹3,000 crore in the next three years as it expects a strong growth in the logistics sector, even
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
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
NHAI : Toll fees to hike by 7% across the country from 1 April
NEW DELHI : Travelling on national highways and expressways is set to get costlier from April 1, 2023, as the implements its toll fee hike of up to 7 percent
India to begin Coal export from 2025-26
NEW DELHI : Union Coal Minister Shri Pralhad Joshi claimed that India has sufficient coal reserves, and said that the country will start exporting dry fuel by 2025-26.
Kuehne+Nagel Norway embarks on biofuel journey with ScaleAQ
HAMBURG : Kuehne+Nagel has been in a trusting partnership with Norwegian technology company ScaleAQ since 2014. Their shared ambition is to drive a sustainable future and has now
DGFT : Export of biofuels from special economic zones and export oriented units are allowed without
NEW DELHI : The government said the export of biofuel from special economic zones and export oriented units are allowed for fuel as well as non-fuel purposes without
UAE’s Fujairah needs to step up investments for new bunker fuels -execs
ABU DHABI : UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world’s third-largest
BPCL announces launching of 6 Highway Corridors for fast-charging of EVS
MUMBAI : Bharat Petroleum Corporation (BPCL), the government-owned oil and gas company has announced the launch of EV Fast-Charging stations on six highways in Western India. These six