CHENNAI : The Chennai-based Sanmar Group has opened a subsidiary company in Singapore—Sanmar Shipping SG Pte Ltd, to expand its global operations. Operating in the international tanker market leverage its presence in Singapore both
NEW DELHI : India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into 2024, a move likely to hold the staple grain at close to its highest
ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature sensitive or frozen products like pharmaceuticals,
NEW DELHI : The Global South needs to discuss ways and means for countries to cooperate and act together to make our supply chains open, secure, trusted, stable, and equitable, thereby making them more
NEW DELHI : State-owned India Ports Global Ltd (IPGL) — formed to develop and run Chabahar Port in Iran — will soon sign an agreement with the Iranian Port Authority to start full-fledged operation,
CHENNAI : DP World, a global leader in end-to-end logistics solutions, has announced to deliver 12,500 cricket kits and 50 repurposed containers to grassroot cricket clubs across the world in five years under its
JAIPUR : In a major development for the steel industry in the eastern region of India, ICD Jajpur, operated by Jindal Stainless, has successfully managed the handling of the first scrap consignment from Tata
HAMBURG : Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in December 2023. The German carrier will implement a general rate increase (GRI) from several countries in
MUMBAI : FedEx Corp. released its annual economic impact report, analyzing the company’s worldwide network and role in fueling innovation during its 2023 fiscal year (FY 2023). Produced in consultation with Dun & Bradstreet, a
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global shipping to a protracted slump. “New