Evergreen suspends Haiti calls amid security concerns
TAIPEI : Due to the escalating security concerns in Port-au-Prince in Haiti and the heightened levels of street violence, Evergreen has decided to suspend all calls at the port until conditions improve. Consequently, the
MSC faces financial penalty of over US$63 million relating to reefer overcharges
GENEVA : Mediterranean Shipping Company (MSC) is facing a fine of at least US$63 million after the US Federal Maritime Commission (FMC) accused the world’s largest liner operator of contravening the Shipping Act. The
Container removal begins on MV Dali that collided with Baltimore’s Key Bridge
BALTIMORE : Workers on Sunday began removing containers from the giant cargo vessel that remains pinned under the metal remains of Baltimore’s Key Bridge, nearly two weeks after the ship struck the bridge and
Indian Major Ports handled highest ever Cargo of 819.4 MMT and investment exceeding Rs.12,500 Cr in …
NEW DELHI : India’s Major Ports under Ministry of Ports, Shipping & Waterways (MoPSW) experiencing steady growth, indicating positive developments in the country’s trade and logistics sectors. In 2023–2024, India’s 12 major ports have
Indian Railways on track to full electrification with Rs 6500 Crore Budget in 2024-25
NEW DELHI : Indian Railways on Thursday (April 4) highlighted that a dedicated budget of Rs 6,500 crore as allocated in 2024-25 can help achieve complete electrification of the rail network. According to senior
Jeekshith K Shetty selected as Convener of Bunts Chamber Youth Wing
MUMBAI : Indian Bunts Chamber of Commerce and Industries (IBCCI), a prestigious association of Bunts community businessmen, held its first IBCCI Youth Conference under the chairmanship of IBCCI Chairman Shri K.C Shetty (Kutpady Chandra
India says high crude prices a concern, oil refiners aiming to curb retail impact
NEW DELHI : India is concerned about elevated crude prices, but oil marketing companies will take appropriate measures to cushion the impact for retail consumers if the trend persists for long, government and refinery
Baltimore shipping set to resume by end of April with full capacity by end of May
BALTIMORE : The U.S. Army Corps of Engineers said that it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a