Maersk faces significant port congestion in Asia and Mediterranean
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on Monday. As a result of that
Korea’s exports at 22-month high in May on chips, cars
SEOUL : South Korea’s exports hit a 22-month high in May led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overseas sales are expected to lead a recovery in Asia’s
India is planning connectivity trial runs with Middle East Ports to drive forward IMEC
NEW DELHI : India is exploring connectivity trial runs with Middle East; and the first phase would involve linking one port on the country’s west coast with its counterpart in West Asia. The trials,
The Global Cold Chain Foundation announces two new CSA Members
VIRGINIA : The Global Cold Chain Foundation (GCCF) is thrilled to welcome two distinguished experts to its Council of Scientific Advisors (CSA) : Dr. Stephanie Clark and Dr. Debjit Roy. The CSA is dedicated
Arvind Panagariya said GDP growth at 8.2 pc GDP growth for FY24 is great news for India
NEW DELHI : The 16th Finance Commission Chairman Arvind Panagariya on Friday said GDP growth at 8.2 per cent for 2023-24 is a “great news for India”. “As predicted, the GDP growth rate for
Pakistan and European shipping firm expected to sign $2 billion investment agreement by October
KARACHI : Pakistan is expected to sign a $2 billion investment deal with a European shipping firm by October this year, the Pakistani maritime affairs minister said on Thursday, amid growing global interest in
New air cargo route inaugurated between China and Pakistan
KARACHI : A new air cargo route has been launched between Pakistan and China to further enhance trade ties between the two all-weather allies, ahead of Prime Minister Shehbaz Sharif’s visit to Beijing next
DPIIT promoting Manufacturing Incubators for Startups
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking various measures to encourage the startup ecosystem and the industry at large to foster innovation in manufacturing by supporting
