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 with a strategic balance of speed
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 first Chief Executive Officer (CEO) of
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 stubbornly high levels of inflation in
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 of State for Ports, Shipping, and
LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains for an eighth straight session to touch 1-1/2 month peak on Tuesday, buoyed by climbing rates across all segments. The overall index,
AGARTALA : Tripura Chief Minister Shri Manik Saha outlined the northeastern state’s strategic role as a gateway not only to Southeast Asian nations but to numerous others through the utilization of Chittagong Port in
VARANASI : Under the visionary leadership of the Prime Minister Shri Narendra Modi and the able guidance of Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, India achieved a new milestone in
SHILLONG : The Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Shri Sarbananda Sonowal attended the Memorandum of Understanding (MoU) signing ceremony between the MoPSW and the Indian Institute of Management (IIM)
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW) hosted a dynamic and collaborative workshop focused on ship building and ship repair, Chaired by the Secretary MoPSW Shri TK Ramachandran, IAS. The event
GANDHINAGAR : Reliance Industries’ (RIL) arm is all set to establish a ship leasing entity at IFSC – GIFT City in Gujarat. The total investment and expenses will be to the tune of ₹22,033 crore.