BIMCO: Containerships hit their highest average age to date
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels
Govt eyeing shift to BOT as private cos show interest in roads sector : Nitin Gadkari
NEW DELHI : The federal government will bid out over ₹2 lakh crore price of highway tasks on the build-operate-transfer (BOT) mannequin by March 2024, giving a renewed push to the public-private partnership in highway building,
IMEEC possible reason for Hamas attack: Biden
WASHINGTON D.C : US President Joe Biden has hinted that one of the reasons behind Hamas’ October 7 attack on Israel was the recent announcement of the (IMEEC) India-Middle East-Europe Economic Corridor that integrates
Direct Freight Corridor’s western stretch to be ready by end of FY 24
VADODARA : You can look forward to faster train movements while travelling to Delhi and Mumbai. The Gujarat stretch of the ambitious Western Dedicated Freight Corridor (WDFC) hailed by Prime Minister Shri Narendra Modi
Kuehne+Nagel delivers a good performance in third quarter 2023
SCHINDELLEGI : The Kuehne+Nagel Group achieved good results in the months January to September 2023 in a market environment that remained challenging. The pandemic-related special economic situation of 2021 and 2022 continued to distort
DSV and Saudi Arabia’s NEOM establish $10bn logistics joint venture
COPENHAGEN : DSV and Saudi Arabia’s ‘NEOM’ special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM Projects. The JV will focus on providing ground, sea and
Mahindra Logistics reports standalone PAT of Rs 19 crore in Q2 FY24
MUMBAI : Mahindra Logistics Ltd on Monday reported 73 per cent growth year-on-year in standalone Profit After Tax (PAT) at Rs 19-crore in the September quarter of this fiscal. The company had posted a
FFFAI and Escola Europea ink agreement to promote Training and Digitised Port Community in India
MUMBAI : The Federation of Freight Forwarders Associations in India (FFFAI) and the Escola Europea de Short Sea Shipping, AEIE (EEIT) signed a memorandum of understanding On October 16, 2023 in Mumbai at an