Xeneta Shipping Index October 2024: Long term market turns a corner as rates fall
OSLO : The ocean container shipping market turned another corner in October as the Xeneta Shipping Index (XSI®) fell for the first time since June. The Global XSI®,
Egypt reports $6B loss from Houthi attacks on commercial shipping
CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted
Baltic Index logs Fifth Weekly Loss on Weaker Rates across all Vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight weekly loss, weighed by weaker rates across vessel types. The
Piyush Goyal concludes successful visit to Kingdom of Saudi Arabia, strengthening India-Saudi Arabia
RIYADH : Union Minister of Commerce and Industry, Shri Piyush Goyal, successfully concluded his visit to the Kingdom of Saudi Arabia. During the visit, Shri Piyush Goyal participated
UK celebrates Diwali with hope for ‘magic moment’ to light candle on India FTA
LONDON: The UK is very keen to clinch the Free Trade Agreement (FTA) with India and is building towards that magic moment, Britain’s minister in charge of the
Rashtriya Ekta Divas celebrated at JNPA; Virtually participated in pledge ceremony organised by the
MUMBAI : Jawaharlal Nehru Port Authority – India’s Best Performing Port, in a spirited tribute to Sardar Vallabhbhai Patel, celebrated Rashtriya Ekta Divas with great enthusiasm. The day
DP World exploring investment opportunities
ISLAMABAD : A high-level delegation from DP World, a renowned Dubai-based firm, visited the Special Investment Facilitation Council (SIFC) in Pakistan to explore investment opportunities across multiple sectors.
Indonesia plans to import 1 million tonnes of rice from India in 2025
Indonesia is considering a plan to import 1 million metric tons of rice from India in 2025 to secure supply until its main harvest, Coordinating Minister for Food
Softlink Global strengthens Regional Presence with bigger Chennai space
CHENNAI : Softlink Global, India’s leading logistics solutions provider, proudly announced the inauguration of its larger office space in Chennai last week. The bigger space is a key
Driving the Future of Customs: Insights from the 245th/246th Sessions of the PTC : WCO
BRUSSELS : The 245th/246th Sessions of the Permanent Technical Committee (PTC) were held from 23 to 25 October 2024, at the World Customs Organization (WCO) Headquarters in Brussels,