CONCOR launches first door-to-door parcel service under rapid cargo service initiative
AHMEDABAD : The Container Corporation of India Ltd. (CONCOR) achieved a major milestone on Sunday as its Ahmedabad Cluster flagged off the first door-to-door parcel service from Kankaria (Ahmedabad) to Sankrail (Kolkata) under the
Andhra Pradesh to showcase Maritime Potential at CII Partnership Summit
VIJAYWADA: As the maritime trade potential of the State’s 1,053 km coast remains largely untapped despite having port access every 280 km, the Government of Andhra Pradesh (GoAP) is going to pull out all
Gujarat’s chemical sector eyes Chinese market amid slowdown in US Exports
AHMEDABAD : Chemical exports from Gujarat and India to the United States have dropped sharply and are now nearly at a standstill, delivering a severe blow to the country’s chemical industry. The decline follows
Hapag-Lloyd signs newbuilding contracts for up to 24 feeder ships
HAMBURG : German liner Hapag-Lloyd has shifted its newbuilding focus from large container ships to feeder vessels, placing two orders totalling around $1.58bn. Multiple shipbuilding players said Hapag-Lloyd has inked provisional newbuilding contracts with
MSC suspends Mali services over fuel, security concerns
GENEVA: Mediterranean Shipping Company (MSC) said it was no longer accepting bookings for Mali due to security issues and a shortage of fuel resulting from a blockade imposed by al Qaeda-linked militants. The two-month-old
INS Savitri hosts visitors during port call in Mauritius, strengthening India-Mauritius ties
NEW DELHI : In a step to strengthen people-to-people ties between India and Mauritius, Indian Naval Ship (INS) Savitri hosted visitors during its port call at the Mauritian capital Port Louis, showcasing the operational
Trump administration seeks to negotiate with China on shipping as it pauses port fees
WASHINGTON D.C. : The Trump administration said on last Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics as it formalized plans for a one-year pause on U.S.
AI boom drives Taiwan’s exports to record $61.8 billion in October
TAIPEI: Taiwan’s exports in October surged 49.7 per cent year-on-year to USD 61.8 billion, a record monthly high, driven by strong global demand for artificial intelligence technologies (AI), according to Focus Taiwan. The Ministry