Odisha targets ₹10,000 crore investment in textiles sector
BHUBANESWAR : Odisha has set an ambitious target of attracting an investment of ₹10,000 crore for its textiles sector over the next five years, with the aim to
DP World accelerates growth in South Korea with US$ 50 million investment in Busan New Port
BUSAN : DP World has announced a US$50 million (approximately ₩66 billion) investment to develop a new logistics centre in Busan New Port, strengthening the port’s position as a
MAWANI adds IMS service to King Abdulaziz Port
RIYADH : The Saudi Ports Authority ‘Mawani’ announced that VASI Shipping Pte Ltd has introduced the new shipping service ‘IMS’ at King Abdul Aziz Port in Dammam, connecting
Dammam port to enhance logistics services with new improved Asia connections
RIYADH : Trade links between Saudi Arabia and Southeast Asia are set to further prosper after the Kingdom’s port authority announced a new shipping service IMS to the
COSCO Shipping’s 20,000 TEU ship to call at La Spezia
SHANGHAI : COSCO Shipping has recently announced that its 20,000 TEU containerships will begin regular calls at the Port of La Spezia. The COSCO Shipping Aries is expected
Seafarers’ “key worker” critical role in supply chains highlighted at WHO meeting : IMO
LONDON : IMO has participated in the Ninth meeting of the Intergovernmental Negotiating Body (INB) for a World Health Organization (WHO) instrument on pandemic prevention, preparedness and response (18-28
Massive increase in container shipping imports from China into Mexico amid ongoing US trade war : Xe
Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has become
Majority of outstanding issues in India-UK FTA moving towards resolution
NEW DELHI : Majority of outstanding issues pertaining to the negotiations for a Free Trade Agreement between India and United Kingdom (UK) are “moving towards resolution” and the
Why Russia is banking on $1.7 billion railway plan in Iran to come closer to Mumbai
NEW DELHI : Russia is banking on rail freight to mitigate the effect of Western sanctions on its economy. Moscow is investing billions to expand its trade ties
SCI Land & Assets to debut on bourses on March 19 under T2T category
MUMBAI : Shipping Corporation of India Land and Assets (SCILAL), a demerged entity of Shipping Corporation of India (SCI), will debut exchanges on March 19, 2024 under the