Karnataka Mango exporters faces headwinds due to surging air freight charges
BENGALURU : Mango growers in Karnataka are hit by a double whammy this year — low yield and a dramatic surge in air freight charges. The crisis in
Evergreen and COSCO to transfer giant ships from North Europe to Mediterranean services
TAIPEI : Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000 TEU
Saudi Red Sea Authority and NEOM signs MoU
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to
DP World unveils new route to boost Turkish imports
DUBAI : As global supply chains face disruptions due to the ongoing challenges in the Red Sea, DP World has introduced a new solution to address critical raw
Unifeeder expands in Latin America, opens Panama office
PANAMA : DP World’s Unifeeder Group has opened an office in Panama its first in the Latin American region. The move to open an office in Panama City
APSEZ secures AAA Rating – India’s First Private Infrastructure Developer with AAA Rating
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level
CCTT and FFFAI jointly host ‘India-And-World’ Business Forum in Mumbai, DG Shipping addresses to
MUMBAI : The International Coordinating Council on Trans-Eurasian Transportation (CCTT) and the Federation of Freight Forwarding Associations of India (FFFAI) jointly organized a very significant debut meet called
Developing E-commerce hubs to boost exports may figure in ministry’s 100-day agenda of new Gov
NEW DELHI : Developing E-commerce hubs in the country to further promote India’s exports through online medium are expected to figure in the commerce ministry’s 100-day agenda roadmap
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the
Schedule reliability gradually improves in March 2024 amid Red Sea crisis : Sea Intelligence
COPENHAGEN : Global schedule reliability has begun to improve, with the March 2024 statistic up 1.6 percentage points Month-over-Month (MoM) to 54.6 per cent, according to Sea Intelligence