VOC Port’s Outer Harbour development proposed to make it ‘Gateway Port’
THOOTHUKUDI : Currently, nearly 75% of India’s trans-shipped cargo is handled at ports outside India. Colombo, Singapore and Port Klang in Malaysia handle more than 85% of this
India says Red Sea attacks add urgency to Middle East trade route
ABU DHABI : The volatile situation in the Red Sea increases the need for an alternate trade corridor to ship goods from India to Europe, India’s ambassador to the United
FedEx unveils LCL priority service for seamless Asia Pacific-Middle East connections
MEMPHIS : FedEx Logistics and FedEx Express, subsidiaries of FedEx Corp, are launching the new FedEx Less-than-Container Load (LCL) Priority service, offering a customs-cleared port-to-door and door-to-door solution
New container line starts operations in Saudi Arabia
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the
Shipping containers to post two consecutive years of decline: Drewry
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While
Indian security and anti-narcotics agencies seized 3,300 kg of drugs off Gujarat coast
NEW DELHI : Indian security and anti-narcotics agencies on Wednesday said they have seized 3,300 kg of drugs in the highest-ever offshore capture till date and arrested five
FMC adds Chinese Shipping Company to Controlled Carrier list
WASHINGTON D.C. : The Federal Maritime Commission, the independent federal agency responsible for ensuring a competitive and reliable international ocean transportation system, has designated Hede (HONGKONG) International Shipping Limited,
PM Modi to unveil game-changing projects worth more than Rs.17,000 Crore at Tuticorin today
CHENNAI : The Union Minister for the Ministry of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, briefed the press here in the presence of Shri Shantanu Thakur, Minister
US targeted Iranian and Houthi commanders and shipping
NEW YORK : The United States targeted Iranian and Houthi commanders and a vessel that shipped more than $100 million in Iranian commodities to businesses in China in sanctions announced on Tuesday. Mohammad Reza Falahzadeh, deputy
Rs 3,00,000 Cr annual defence production & Rs 50,000 Cr exports expected by 2028-29 : Rajnath S
NEW DELHI : “The Government, headed by Prime Minister Shri Narendra Modi, is focusing on long-term gains and not short-term outcomes to make India a developed nation by