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Ship rates spiking 467% marks upended trade across commodities

LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions,...

Bulker newbuilding contracting drops 54% to five-year low : BIMCO

LONDON: "Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since...

President of India Graces NAVY DAY Celebrations at Thiruvananthpuram

THIRUVANANTHPURAM: The President of India, Smt Droupadi Murmu, graced the Navy Day-2025 celebrations and witnessed the operational demonstration by the Indian Navy at Thiruvananthapuram,...

Russian President Putin to visit India for 23rd India-Russia Annual Summit

NEW DELHI: President of Russia Vladimir Putin will arrive in New Delhi today on a state visit to India for the 23rd India-Russia Annual...

Innovation and Efficiency Key to Strengthening India’s Manufacturing Sector: Piyush Goyal

NEW DELHI: The Union Minister of Commerce and Industry Shri Piyush Goyal highlighted the importance of innovation, quality, design, sustainability and efficiency as key...

“India’s economy is on strong footing…”: Piyush Goyal on depreciation of Rupee against US Dollar

NEW DELHI: Union Commerce and Industry Minister Shri Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country...

CONCOR organises Stakeholders Meet at ICD Whitefield, Showcases AI-Driven Plans for Enhanced Logistics Services

BENGALURU: In a proactive move to strengthen collaboration with the logistics community and drive operational excellence, Container Corporation of India Ltd. (CONCOR) organised an...

Gujarat: GIDC to establish new Agro Food Park in Rajkot

GANDHINAGAR: The Gujarat Industrial Development Corporation (GIDC), the nodal agency for industrial development in Gujarat, is set to establish a new Agro Food Park...

CMA CGM announces FAK Rates – From Asia to the Mediterranean & North Africa

MARSEILLE:  CMA CGM announces Freight All Kinds (FAK) rates (*) as follows from December 15th to 31st, 2025:  Quantum in USD per 20'Quantum in USD per...

CMA CGM launches Thailand Vietnam India EC (TVI) service connecting Thailand, Vietnam and Malaysia to South East India & Sri Lanka

MARSEILLE: CMA CGM's IEX2 has been fully revamped and relaunched as the Thailand Vietnam India EC (TVI) service, enhancing our network with expanded...
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