Union Budget 2026-27: Major push for seamless Port-to-Hinterland Connectivity and Multimodal Logistics
NEW DELHI : The Ministry of Ports, Shipping and Waterways has outlined significant initiatives to strengthen India’s logistics backbone, in line with the announcements made in the Union Budget 2026–27. The measures are aimed
GRSE and HSL forge strategic alliance to accelerate indigenous shipbuilding programme
KOLKATA : In a significant boost to India’s shipbuilding self-reliance and maritime capability, Garden Reach Shipbuilders & Engineers (GRSE) Ltd and Hindustan Shipyard Limited (HSL) signed a Memorandum of Understanding (MoU) on Monday, February
Hapag-Lloyd publishes preliminary business figures for 2025
HAMBURG: On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group EBITDA stood at USD 3.6 billion (EUR 3.2 billion) and the Group EBIT at
Container ship sinks near major tourist hot spot
PHUKET : The Royal Thai Navy is to salvage a container ship that sank on Saturday off the coast of Phuket, a popular holiday destination in Thailand. During the sinking, about 200 containers on
“India–Seychelles Maritime Partnership deepens under MAHASAGAR vision, signals strategic convergence in the Indian Ocean”: Sarbananda Sonowal
NEW DELHI : India and Seychelles explored opportunities to deepen cooperation in maritime trade, blue economy sectors and sustainable development at an Indo-Seychelles Business Roundtable, held in Mumbai, which was attended by H.E. Dr.
FTA to boost Indian textiles, pharma, chemicals, agri exports as EU remains key trade partner: ICRA
NEW DELHI : India‘s recently concluded Free Trade Agreement (FTA) with the European Union is expected to deliver significant gains for several Indian sectors, including textiles, pharmaceuticals, chemicals, agriculture, leather, and marine products, as
Xeneta Schedule Reliability Scorecard – 2025 Year in Review – Carriers
OSLO: Welcome back to Xeneta Schedule Reliability – A Year in Review. We’ve drilled down all the way from global reliability to trades and alliances, arriving at last to carrier rankings. Xeneta covers reliability for
Asia-US container rates fall as new ships enter market at record pace, scrapping wanes
LONDON: Rates for shipping containers from east Asia and China to the US fell this week, and analysts at supply chain advisors Drewry said increased deliveries of new ships and a slowing scrapping program