Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the largest relative increase in maritime trade
Tiger Logistics announced the signing of a MOU with PowerPac Holdings
NEW DELHI : Tiger Logistics (India) Ltd has signed a memorandum of understanding (MoU) with PowerPac Holdings Ltd, a concern of the Sikder Group, Bangladesh, to establish a joint venture (JV) in the logistics sector
Dubai and Pakistan sign agreements to enhance marine and logistics relations
DAVOS : The Governments of Dubai and Pakistan have signed two inter-governmental framework agreements to strengthen their relations in the marine and logistics sectors, including the potential establishment of a Dedicated Freight Corridor and
DHL Supply Chain strengthens leadership team with new key appointments in Asia Pacific
SINGAPORE : DHL Supply Chain, the global leader in contract logistics, has announced three new key leadership appointments in Asia Pacific. The company has appointed Sivananthan Sukumaran (Siva) as Head of Operations for DHL
A.P. Moller – Maersk to strengthen its Cold Chain Logistics footprint with a new Cold Store facility in Gujarat
MUMBAI : A.P. Moller – Maersk, the global integrated logistics company, broke ground for its upcoming Cold Store facility at Mehsana, Gujarat, in the western part of India. Being built exclusively for HyFun Foods,
Aerial Logistics Drone startup BonV Aero raises INR 6 Crore Round led by Inflection Point Ventures
BHUBANESHWAR : Aerial logistics drone startup BonV Aero has raised INR 6 Crore in a round led by Inflection Point Ventures (IPV). Funds will be primarily directed towards client demonstrations, team expansion and internal
EDFC is ready to transform the landscape of freight transportation!
NEW DELHI : The Eastern Dedicated Freight Corridor (EDFC) is all set to transform the landscape of freight transportation in the country. A successful trial on the New Pilkhani-New Shambhu section of the corridor
Attacks on ship in Red Sea would impact India’s energy and economic interests: S Jaishankar
NEW DELHI : In the ongoing conflict, the Houthi rebels in Yemen have targeted ships, including those with connections to Israel in the Red Sea. This has led to a confrontation with the US