LONDON : Amid falling spot freight rates, Drewry has significantly reduced the industry profitability forecast for 2023 but the ongoing consolidation at the current price-to-book (P/B level) hints that the financial community has already
JEDDAH : Bahri Line, a business unit under Bahri Logistics, has officially established a new pendulum service line between the Asian and European continents. Traveling through Jeddah Islamic Port, the new cargo shipping line
KOLKATA : In a bid to boost maritime trade, International Financial Services Centres Authority (IFSCA) is taking steps to strengthen ship acquisition, financing and leasing in India, a senior official said on Friday. IFSCA, a
GANDHINAGAR / ROTTERDAM : Gujarat Maritime University, promoted by the Government of Gujarat and Gujarat Maritime Board concluded its Global Externship Programme to Erasmus University, Netherlands on 10th February 2023. The Global Externship Programme
NEW DELHI : The Central Government has set a target of ₹6,700 crore from asset monetisation in the port and shipping sector for FY24. Key projects on the block include ₹2,000 crore berth at the
AHMEDABAD : International shipping & logistics industry is one of the fastest growing and changing industries in the world. With the acceleration of digital economy, it has opened more doors for the job seekers.
COLOMBO : The first ship under the business promotion program, MSC America to attract new shipping services to Colombo Port, arrived at the Eastern Container Terminal (ECT) of Colombo Port. The Ministry of Ports
MUMBAI : Directorate General of Shipping published a circular, noting that some of the country’s ports are currently not permitting the use of scrubbers. The Directorate stated that some Indian ports are not permitting
MOSCOW: Russia has become India’s largest oil supplier and significantly contributed to the country’s energy security, said Russian Ambassador to India Denis Alipov while addressing the Indian Council of World Affairs (ICWA)-Russian Council Dialogue
MUMBAI : In order to keep providing their customers with our global services, Maersk is introducing the Dry port Surcharge – Export (DPS) on All 20 Feet Dry Containers for Thar, India to Mundra,