Baltic index falls for third week on weaker rates across vessels
LONDON : The Baltic Exchange’s main sea freight index dipped on Friday, marking its worst week in five months as demand for all vessel segments declined. The index,
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
Indian coastal vessels may trade licence-free for domestic operations
NEW DELHI : The Union Cabinet has approved the Coastal Shipping Bill, 2024, which will remove the requirement for Indian-flagged vessels to acquire a general trading licence to
India has chosen to be a part of solution in sustainability and is changing faster than before : Pi
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal during his keynote address at the 13th Society for Human Resource Management (SHRM) India Annual Conference
Adani Foundation donates ₹100 crores towards Young India Skills University in Telangana
TELENGANA : Adani Foundation has donated ₹100 crore cheque towards the establishment of Young India Skills University in Telangana. A delegation from the foundation led by Chairperson of Adani Group,
DGFT eases policy conditions on Cough Syrup Exports to USA, UK, Canada, EU, Japan, Australia, Singap
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has eased export policy conditions on the export of cough syrups to select countries, including the
Hapag-Lloyd and Maersk confident in Gemini’s Ambitious 90% reliability target
HAMBURG : The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at Maersk—took the stage
Ocean Network Express Releases 2024 Sustainability Report
SINGAPORE : Ocean Network Express (ONE) is pleased to announce the release of its Sustainability Report 2024. The report provides a summary of ONE’s sustainability commitments and initiatives
Delivery options and free returns highly important to Asia Pacific’s online shoppers, finds DHL eC
SINGAPORE : Asia Pacific online shoppers are prioritizing flexible delivery options and free returns when making cross-border purchases, according to key insights from the global DHL eCommerce 2024
ClassNK grants Innovation Endorsement for Products & Solutions to ‘SEEMS’ developed by Samun
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to Ship Energy Efficiency Monitoring System (SEEMS) developed by Samundra Institute of Maritime Studies. In order