Baltic index slips on weaker rates across bigger vessels
LONDON : The Baltic Exchange’s main sea freight index dipped on Monday to its lowest level in over eight months, dragged down by less demand across the capesize
CM Patel highlights Gujarat’s achievements as a leading state in the chemicals and petrochemic
MUMBAI : Gujarat Chief Minister Shri Bhupendra Patel emphasized that Gujarat has achieved remarkable growth in the chemical and petrochemical sector over the past two decades under the
India will have better road infrastructure than U.S. : Nitin Gadkari
BHOPAL : Union Minister of Road Transport and Highways Shri Nitin Gadkari said in Bhopal on Saturday (October 19, 2024) that India is going to have better road
Indian Register of Shipping and SeaTech sign MOU for International Collaboration on Green Tug Design
MUMBAI : Indian Register of Shipping (IRS), a globally recognized classification society, is proud to announce the signing of a Memorandum of Understanding (MOU) with SeaTech Solutions International
Automobile exports increase 14% YoY in H1FY25 buoyed by PVs, two-wheeler demand
NEW DELHI : Automobile exports from India increased by 14 percent year-on-year (YoY) in the first six months of the current fiscal year, driven by strong demand for
PSA breaks ground on new $647.5m supply chain hub, in efforts to keep Tuas Port competitive
SINGAPORE : Port operator PSA broke ground on a new $647.5 million Tuas warehousing facility equipped with advanced robotics and automation systems on Oct 18, as part of
Shipping giants reinforce confidence in Gemini alliance service reliability ambitions
AMSTERDAM : The two men leading Hapag-Lloyd and Maersk into the new Gemini Cooperation joined together on stage at the Xeneta Summit in Amsterdam to reinforce their confidence
Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling
LOS ANGELES : Record imports over the last several months at West Coast ports, driven by the recent US East Coast and Gulf Coast strike diversions and ongoing
Baltic index falls for third week on weaker rates across vessels
LONDON : The Baltic Exchange’s main sea freight index dipped on Friday, marking its worst week in five months as demand for all vessel segments declined. The index,
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.