DAMMAM : In February 2024, King Abdul Aziz Port in Dammam achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent
HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively.
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to
SINGAPORE : PSA International has completed its inaugural disclosure submission to CDP for the 2023 climate change assessment and achieved an overall ‘B’ rating based on environmental information
DHAKA : The construction of Balla land port infrastructure has been completed in the Kedara court area near the Bangladesh-India border in Chunarughat of Habiganj at a cost
MOSCOW : Logistics companies and rail operators have reported a surge in demand for rail transport through Russia from Asia to Europe, following the disruption to sea lanes
NEW DELHI : The Prime Minister, Shri Narendra Modi addressed ‘India’s Techade: Chips for Viksit Bharat’ program and laid the foundation stone for three semiconductor projects worth about
NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its Ex-post facto approval on Wednesday to the Inter-Governmental Framework Agreement (IGFA) that was
NEW DELHI : The 67th meeting of Network Planning Group (NPG) was held on 12 March 2024 here, under the Chairpersonship of Additional Secretary, Department for Promotion of Industry and