New York Shipping Exchange recalibrates strategy amid global shipping challenges
NEW YORK : The New York Shipping Exchange has modified its operating strategy, responding to a significant shift in how customers contract for container shipments. Rather than focusing largely on drafting contracts, the over-the-counter exchange now
Global trade conditions continue to deteriorate in July
NEW YORK : The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to deteriorate headed into the second half of 2024. The seasonally adjusted Global
Legendary Cricketer Sourav Ganguly joins Blue Ocean Corporation’s Member of Board
MUMBAI : Former India cricket captain and Chairman of the ICC Cricket Committee, Mr. Sourav Ganguly is now set to bring his leadership and strategic acumen to the boardroom of the leading consulting and
Female NYK Executive participates in Regional Summit hosted by UN Global Compact
TOKYO : NYK Executive Officer Yuko Tsutsui participated in a panel discussion at the regional flagship event “Forward Faster Now | Asia & Oceania”* held by the United Nations Global Compact (UN Global Compact)**
Praful Pansheriya visited Deendayal Port Authority, Kandla
GANDHIDHAM : Shri Praful Pansheriya, Hon’ble Minister of State for Parliamentary Affairs, Primary, Secondary & Adult Education and Higher Education, Govt. of Gujarat, visited Deendayal Port Authority (DPA), Kandla. The Minister’s visit underscored the
India’s logistics cost will come down to 9% of GDP by April next year : Gadkari
NEW DELHI : Union Minister of Road, Transport and highways Shri Nitin Gadkari said that logistics cost of India will come down to 9 per cent of GDP by April next year on Thursday.
Bangladesh garment factories reopen after Sheikh Hasina ouster
DHAKA : Garment factories in Bangladesh, forecast to account for 90% of the country’s exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime
Futures show more downside to freight rates in 2025
SHANGHAI : Shanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index points of the EC2408 (August contract) closed
