Ship losses down in 2022, dark fleet and fires top concerns: Allianz
MUNICH : The number of larger ships lost last year was down by more than a third, but the dark fleet is the latest safety concern, while there
Bangladesh Govt aims to reduce the total tax incidence on all types of containers to attract local e
DHAKA : The government in Bangladesh has proposed to reduce the total tax incidence on all types of containers to create opportunities for local entrepreneurs aiming to save
CMA CGM enhances media portfolio with La Tribune takeover : Saade
MARSEILLE : The CMA CGM Group aims to acquire 100% of the share capital of HIMA Group, which owns La Tribune, a business and financial media platform. In
Over $3 billion in Chinese investments in Suez Canal Economic Zone
BEIJING : Chinese companies have pledged to invest over $3 billion in new Suez-based projects as a result of an official Egyptian visit to China last week. Egypt’s
Global supply chain relocation: China’s loss is India, Vietnam’s gain
NEW DELHI : The ongoing global economic uncertainty has exposed many vulnerabilities with global supply chains. The recent events have even raised doubts over globalisation, with many economies
Trade to GDP ratio nears 2008 crisis levels
NEW DELHI : The Russia-Ukraine war, the covid pandemic and trade tensions between the US and China dragged the trade-to-gross domestic product, or ‘trade openness’ ratio, to levels last
More container services join India-Russia trade routes amid growing potential
MUMBAI : Ocean connections between India and Russia are growing at a brisk pace, as Moscow looks to long-time natural allies to lessen the impact of Western sanctions
DP World and Standard Bank partner to expand trade finance in Africa
DUBAI : The continent’s largest bank becomes the first African bank to partner with DP World Trade Finance “ Africa is a key market for us, with this
Recession in Germany to cast shadows on Europe’s peak season imports
HAMBURG : With Germany recording a recession this year, the demand for goods is expected to slow down in the coming peak season, contributing to a global trade
Mongolia is looking for coking coal supplies to India
ULAANBAATAR : Mongolia is keen to tap India as a probable partner for supply of coking coal and has reportedly approached the Steel Ministry to explore probable tie-ups,
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