Drewry: World Container Index up 151% on a Yearly Basis
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
Baltic Index logs monthly rise on strong Capesize demand
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, marking a monthly gain, supported by increasing demand
Mahindra Logistics to form JV with Japan’s Seino Holdings
MUMBAI : Mahindra Logistics Ltd. has agreed to form a joint venture with Japan’s Seino Holdings Co. to address warehousing and trucking needs of Japanese auto firms operating
Govt of India’s Harit Sagar Guidelines leading the way for focussed efforts in Green Transitions i
MUMBAI : Capt. Praveen S. Khara, Chief Port Officer of the Maharashtra Maritime Board, emphasized the government’s active promotion of the Harit Sagar guidelines at the Harit Sagar
Cochin Shipyard arm bags ‘notable’ order from Adani Group Company to construct three ASD
KOCHI : Cochin Shipyard Ltd. on Friday, May 31, said its wholly-owned subsidiary Udupi Cochin Shipyard (UCSL) has bagged a ‘notable’ order from an Adani Harbor Services Ltd.
Snowman Logistics Reports Exceptional Year: Reports Revenue of INR 503.37 Crores and EBITDA of INR 1
MUMBAI : During the quarter ended March 31, 2024, Snowman Logistics Ltd recorded revenue of INR 126.54 Crores as against INR 112.35 Crores for the same period in
DPIIT promoting Manufacturing Incubators for Startups
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking various measures to encourage the startup ecosystem and the industry at large to
UAE looking to expand scope of trade under CEPA with India
SINGAPORE : The United Arab Emirates is looking to expand the scope of trade and services covered under the Comprehensive Economic Partnership Agreement (CEPA) with India to further
OEL Aviation Services FZE and DC Aviation Al-Futtaim Co LLC collaborate to manage Hawker 4000 aircra
DUBAI : Transworld Group announces that OEL Aviation Services FZE and DC Aviation Al-Futtaim Co LLC have entered into a strategic agreement to manage the Hawker 4000 aircraft
India’s trade deficit improved in 2023-24, but it needs to watch its FTAs to fix persistent imbala
India’s overall exports reached USD 778.2 billion in 2023-24, compared to USD 776.4 billion in 2022-23. While the country’s merchandise exports dipped by 3 percent to USD 437.06