Snowman Logistics registers 6.30% growth in revenue in Q3 FY25
MUMBAI : During the quarter ended December 31, 2024, Snowman Logistics Ltd recorded revenue of INR 131.85 Crores as against INR 124.05 Crores for the same period in the previous year, registering a growth of 6.30%. EBITDA recorded at INR 21.83 Crores as
Ocean Network Express and LX Pantos announce joint venture to strengthen US Domestic Intermodal Transportation Services
SINGAPORE : Ocean Network Express (“ONE”) and LX Pantos are pleased to announce the successful completion of their joint venture, Boxlinks LLC (“Boxlinks”). This strategic partnership will leverage the combined strengths of ONE and
Top quality speakers announced for The Maritime Standard Ship Finance and Trade Conference 2025
DUBAI : The TMS Ship Finance and Trade Conference will be held on February 18th at the Taj Exotica Resort on the Palm, Dubai and several top-quality speakers have now been confirmed as the
Decarbonisation: The Shipping Industry’s most pressing challenge in 2025
LONDON : Navigating the future of sustainability in shipping through biofuels, ETS taxation and emissions certificates. In the last few years, heavy emitters have witnessed the development of decarbonisation solutions, with financial markets facilitating
Baltic Index ticks higher as Panamax Rates climb
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Monday, buoyed by gains in the panamax vessel segment. The index,
PM Modi lauds Union Budget 2025 as ‘Janata Janardan Ka Budget’
NEW DELHI : Prime Minister Shri Narendra Modi on Saturday lauded the Union Budget 2025, calling it a “Janata Janardan Ka Budget” and emphasising its people-centric approach that will propel India’s development journey. Sharing
Union Budget 2025-26 : India to set up $3-billion maritime development fund for shipping industry
NEW DELHI : India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country’s shipbuilding and repair industry, Finance Minister Smt. Nirmala Sitharaman said on Saturday while presenting
“Historic, characterised to accelerate economy”: Union Minister Nitin Gadkari hails Union Budget 2025
NEW DELHI : Union Minister Shri Nitin Gadkari on Saturday praised the Union Budget 2025 stating that it was characterised at accelerating the growth of the country’s economy. The Minister of Road Transport and Highways said that the