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Nine ships use Strait of Hormuz as ‘renewed tensions’ to slow traffic: CAS

NEW YORK: Nine ships crossed the Strait of Hormuz on May 3, down from 13 on May 2 and 21 on May 1, S&P...

Amazon opens up logistics network to other businesses in challenge to UPS, FedEx

BENGALURU : Amazon said on Monday it would allow other businesses to store and ‌ship goods ranging from raw materials to final products through...

Piyush Goyal discusses boosting India-Japan economic ties, MSME partnerships with Japanese delegation

NEW DELHI: Union Commerce and Industry Minister Shri Piyush Goyal met a Japanese delegation led by Takayuki Kobayashi, Member of the House of Representatives...

DPA Chairman engages with Shramiks during landmark wheat export operation

GANDHIDHAM : In a strong reaffirmation of Deendayal Port Authority’s people-centric approach, Shri Sushil Kumar Singh, IRSME, Chairman, DPA, personally engaged with the port’s...

DPA Kandla to convert invasive Kutch shrub(Gando Bawal) into bio-methanol in Rs 100 crore pilot project

GANDHIDHAM : The Deendayal Port Authority (DPA) Kandla in Gujarat is developing India’s first bio-methanol demonstration plant using Prosopis juliflora — the invasive shrub...

Andhra Pradesh strengthens industrial ecosystem with CM Naidu’s push

AMRAVATI : As Shri Nara Chandrababu Naidu assumed office as Chief Minister of the undivided Andhra Pradesh in 1995, he set out to position...

Manufacturing PMI rises to 54.7 in April, cost pressure hits 44-month high

NEW DELHI : India’s private sector manufacturing activity growth recovered in April on the back of a sharper export rise, after plummeting to a...

Iran prevents entry of U.S. warships into Strait of Hormuz – reports

TEHRAN: Iran’s navy has said it has turned away enemy warships attempting to traverse the Strait of Hormuz following a “swift and decisive warning,”...

Xeneta Weekly Ocean Container Shipping Market Update: Spot Rates Easing

OSLO: Middle East conflict is making life complicated for shippers because, while they are firefighting supply chain disruption and elevated spot rates across global...

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