CHENNAI: In a landmark development for India’s maritime industry, Kamarajar Port Limited (KPL) has become the first Major Port in the country to undertake the transshipment of automobiles—shaping new pathways for vehicle logistics. On
LONDON: Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 2% in the fortnight to 31 Aug 25 to $582 per 40ft container. Intra-Asia Container Index assessment for
AHMEDABAD: In a groundbreaking move to bolster India’s supply chain, Adani Ports & Logistics with ONE Line flags off the first export block rake from their state-of-the-art Inland Container Depot (ICD) at Virochannagar to
ANKARA: Turkey’s top diplomat said Friday that Ankara had closed its ports and airspace to Israeli ships and planes, with a diplomatic source telling AFP the ban applied to “official” flights. Ties between Turkey
ANKARA: Reports of Turkish port restrictions on ships linked to Israel, or that have previously called at Israel, could impact at least 76 container ships and seriously disrupt short-sea shuttle services between the two
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 6% to $2,119 per 40ft container this week. Drewry’s detailed assessment for
LONDON: The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged up on Friday due to higher rates in capesize and supramax vessel segments. The main index,
GANDHIDHAM: In a noteworthy achievement, the Kandla International Container Terminal (KICT) at Deendayal Port has successfully handled 4 million tonnes (MMT) of cargo in the current fiscal year 2025–26, reaching the milestone more than
MUMBAI: Informa Markets in India is set to host the 14th edition of INMEX SMM India 2025, South Asia’s premier maritime event, from 10th to 12th September 2025 at the Bombay Exhibition Centre, Mumbai. The event will convene global
Exclusive Interview with Mrs. Adesuwa Ladoja, MD & CEO, LFZ As Indian exporters navigate rising U.S. tariffs, the Lagos Free Zone (LFZ) in Nigeria is emerging as a strategic gateway for Indian enterprises seeking