Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red
NEW YORK : Global rating agency Moody’s on Friday maintained a stable ‘outlook’ and affirmed long-term and short-term ratings at ‘Baa3’ and ‘P-3’ respectively for India. It has
CHENNAI : French carmaker Citroën became the first multinational car manufacturer in India to export domestically made electric vehicles to the international market. The company on Thursday announced
NEW DELHI : Exports of two-wheelers and three-wheelers, which account for nearly 85% of all automotive shipments from India in terms of volumes, showed clear signs of a
TAIPEI : Taiwan’s container carrier Wan Hai Lines held ship naming ceremonies for its new container ships, Wan Hai 372 and Wan Hai 376. The two vessels are
SINGAPORE : In the first quarter of 2024, the total revenues of Orient Overseas Container Line (OOCL) decreased by 9% year-over-year to US$2 billion. At the same time,
PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama officials announced a new Multimodal
CHENNAI : Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon
MALE : The Maldives is currently discussing with India if the island nation can make payments for its imports from the country in Maldivian Rufiyaa, a senior minister
BEIJING : China’s exports contracted sharply in March while imports unexpectedly shrank, undershooting forecasts by big margins, highlighting the stiff task facing policymakers as they try to bolster