Container lines ‘scramble’ to rent more ships amid Red Sea crisis
LONDON : Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The security situation — which is even more precarious in
LONDON : Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The security situation — which is even more precarious in
NEW DELHI : India’s Ministry of Ports, Shipping and Waterways (MoPSW) will invest ₹45,000 crore for the development of river cruise tourism in the country. According to Union
TEHRAN : Iran and India have reached a “final agreement” on the development of the southeastern Iranian port city of Chabahar, the official news agency IRNA reported on
NEW DELHI : India on Monday raised concerns with Iran about the increasing number of attacks on merchant ships in the Red Sea by Tehran-backed Yemen’s Houthi rebels. “There has
KOCHI : India’s shipbuilding and ship repair capabilities will take a quantum leap with state-run Cochin Shipyard Ltd, India’s biggest shipbuilder by dock capacity, opening a new dry
SINGAPORE : PSA International Pte Ltd (PSA) enjoyed a record-breaking year as it handled container volumes amounting to 94.8 million Twenty-foot Equivalent Units (TEUs) across its port terminals
LONDON : Missile fire struck a ship just off the coast of Yemen in the Gulf of Aden, the British military said. Trade Operations said the attack happened
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday,
DAVOS : The ongoing tensions in the Red Sea due to recurrent attacks on merchant ships by Yemen’s Houthi rebels have a negative impact on the global supply chain and
By Brigadier Atul Kumar, SM The PM Gati Shakti National Master Plan (PM GS NMP) was launched in Oct 2021 and the National Logistics Policy (NLP) was notified