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 ships will be deployed from the
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 develop legislation, regulations and technology in
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 material shortages affecting Turkish importers across
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 comes as the shortsea shipping company
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 of credit worthiness and the ability
CCTT and FFFAI jointly host ‘India-And-World’ Business Forum in Mumbai, DG Shipping addresses to sho…
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 ‘India-And-World’ Business Forum which was held
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 for the new government, an official
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 westbound India-Europe trade, average short-term contract