March 3, 2026
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FedEx unveils LCL priority service for seamless Asia Pacific-Middle East connections

February 29, 2024 Logistics, Shipping, Terminals, Trending News
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

New container line starts operations in Saudi Arabia

February 29, 2024 Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Maritime, Shipping, Trade, Trending News
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

Shipping containers to post two consecutive years of decline: Drewry

February 29, 2024 Container, International Shipping, Logistics, Maritime, Shipping, Shipping Line, Trade, Trending News
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

PM Modi to unveil game-changing projects worth more than Rs.17,000 Crore at Tuticorin today

February 28, 2024 Maritime, Infrastructure, Ports, Railway, Shipping, Transport, Trending News
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

Baltic index hits over 1-month high on sturdy vessel rates

February 28, 2024 International Shipping, Shipping, Trade, Trending News
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,

Tripura positioned as Gateway to Southeast Asia via Chittagong Port : Manik Saha

February 27, 2024 Logistics, Inland Waterways, Shipping, Trade, Trending News
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

PM Modi inaugurates various Green Waterway Initiatives in Varanasi, marks milestone in Clean Energy and Tourism

February 24, 2024 Maritime, Shipping, Tourism, Trending News, waterways
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

Sarbananda Sonowal attends MoU signing ceremony between MoPSW and IIM, Shillong

February 24, 2024 Maritime, Ports, Shipping, Trending News
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)

MoPSW hosts successful workshop on ship building and ship repair

February 23, 2024 Ports, Maritime, Ship Building, Ship Repair, Shipping, Trending News
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

Reliance Industries becomes the first conglomerate to set up ship leasing firm at IFSC Gift city

February 23, 2024 Shipping, Company, Ship Leasing, Trade, Trending News
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.
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