PM chairs 10th Governing Council Meeting of NITI Aayog
NEW DELHI : Prime Minister Shri Narendra Modi chaired the 10th Governing Council Meeting of NITI Aayog at Bharat Mandapam, New Delhi, on Saturday. It was attended by Chief Ministers and Lt. Governors representing
India becomes World’s 4th Largest Economy, surpasses Japan : NITI Aayog
NEW DELHI : India has surpassed Japan to become the world’s fourth-largest economy. NITI Aayog CEO B.V.R. Subrahmanyam said, India is now poised to displace Germany from the third rank in the next 2.5
Adani Ports and JSW Infra make logistics anchor for cargo growth plans
MUMBAI : Adani Ports and JSW Infrastructure, India’s leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. “With incrementally less availability of lucrative port
IIT Alumni Council to co-create India’s first Global Shipbuilding Research Institute
NEW DELHI : IIT Alumni Council to act as sponsor and knowledge partner to co-create a green-shipping-focused research institute and university. The institute would be a part of the shipbuilding megacity being created on
IndiGo eyes major cargo expansion on India-Europe routes
NEW DELHI : IndiGo sees significant opportunity for cargo movement between India and Europe as it launches its maiden service from Mumbai to Amsterdam and Manchester from July. The airline will operate a wet
Escalating Port Congestion strains Container Shipping Flows : Drewry
LONDON : Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water levels on the Rhine are limiting
SHIPPING: Asia-US container rates rise; carriers bring back capacity amid tariff pause
LONDON : Asia-US rates for shipping containers rose this week, leading ocean carriers to rush to ramp up capacity to handle an expected surge in bookings. Rates from online freight shipping marketplace and platform
US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to alter trade flows and freight market