RIYADH : Bahri, the National Shipping Company of Saudi Arabia and a global leader in shipping and logistics, has signed a Murabaha Revolving Credit Facility Agreement of USD 800 Million (equivalent to SAR 3
OSLO : Just days after taking delivery of its fourth multi-fuel Aurora-class pure car and truck carrier (PCTC), Norwegian shipping company Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international car
JORDAN : Jordan’s Aqaba Container Terminal handled 427,000 imported containers in 2024, a slight decrease from the 445,000 containers recorded in 2023, according to data released by the Jordan Logistics Association. Exported containers through
KOCHI : DP World, a leading global provider of smart end-to-end supply chain solutions, has registered a growth of 17% in 2024 compared to the previous year at its International Container Transshipment Terminal (ICTT)
MUMBAI : The Union Budget for the upcoming financial year is slated to be presented on February 1, 2025, by Finance Minister Smt. Nirmala Sitharaman. It has been anticipated that the Narendra Modi Government may consider slashing
RIYADH : The Saudi Ports Authority (Mawani) reported a 14.45% increase in cargo throughput for 2024, reaching 320,784,757 tons, up from 300,542,872 tons in 2023. The number of outbound containers increased by 8.86%, totaling
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot launch for these hubs has been
NEW DELHI : Express Services operator Blue Dart has unveiled a state-of-the-art integrated logistics hub in Bijwasan, Delhi, to bolster air and ground connectivity in India’s northern region. Strategically located near the Dwarka Expressway
HYDERABAD : About 8 per cent of E-Commerce (ecom) shipments in India are being handled by Blue Dart right now and the company aims to increase the share to about 25 per cent in
DHAKA : Bangladesh’s Container Shipping Association (BCSA) gave warning of-an imbalance in railroad capacity in Bangladesh may pose a problem for cargo transportation throughout the country in the coming months as a current pileup could roll