Emirates Shipping Line strengthens its Far East/Middle East service network
DUBAI : Emirates Shipping Line (ESL) has announced the introduction of its new COSMOS (CMX) service and the enhancement of its existing GALEX (GLX) service aiming to optimize transit times and increase frequency between
Empty container movements surge by 20% : Sea Intelligence
COPENHAGEN : Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container volumes, when compared to 2019 levels
FM Nirmala Sitharaman launches Electronic Data Interchange (EDI) at remote Land Customs Stations in North Eastern States
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Electronic Data Interchange (EDI) at Land Customs Stations (LCS) of the North East Region (NER), via virtual mode in
CMA CGM Group finalise Bolloré Logistics takeover
SWEDEN : The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it being specified that the transfer of Bolloré Logistics
Freight rates on major Indian trades see downward corrections after January highs
MUMBAI : After spiking dramatically amid the Red Sea crisis-linked shipping disruption, container freight rates seen on trades out of India have held firm or even declined in some cases in February, month-on-month, according
South Korea hoping to conclude FTA talks with India before possible state visit in 2024
NEW DELHI : India and South Korea are hopeful of concluding negotiations to ‘upgrade’ the Comprehensive Economic Partnership Agreement (CEPA) in 2024 before a possible state visit of the Korean President, Ambassador Chang Jae-bok
Working on sustainability practices to enhance competitiveness of apparel exporters : AEPC
NEW DELHI : Apparel exporters body AEPC on Wednesday said the industry is working on sustainability production practices as it would help enhance the competitiveness of the sector in the international market. Apparel Export
New container line starts operations in Saudi Arabia
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the first Chief Executive Officer (CEO) of