NHAI to develop road connectivity to Vadhvan Port under EPC Mode : Gadkari
NEW DELHI : The Union Minister of Road Transport and Highways, Shri Nitin Gadkari said that the National Highways Authority of India (NHAI) will build a ₹2,881 crore road
CONCOR moves First Block Train (DICD-MDCC) of CMA-CGM
NEW DELHI ; CONCOR, ICD/DDL (Ludhiana) moved 1st Block train (DICD-MDCC) of CMA-CGM flagged off on 18.12.2024 in the presence of Deputy Commissioner of Customs/ICD/DDL, Senior officials from
Swan’s Shipyard makes payment of Rs.196 Crore to its Lender Consortium
MUMBAI : Swan’s Shipyard (RNEL) has made a payment of Rs.196 crores to its lender consortium in accordance with the payment schedule laid down in the NCLT approved
‘India charges us a lot’: Trump threatens to impose reciprocal tariff
WASHINGTON D.C. : US President-elect Donald Trump has warned India of imposing retaliatory taxes as “reciprocation” for the “high tariff” imposed by New Delhi on import of certain
DP World delivers 3,000 meals to local Food Charities
LONDON : DP World’s logistics hubs at Southampton and London Gateway have donated the equivalent of 3,000 meals to food distribution charities in their local communities. The donations
Moody’s upgrades Hapag-Lloyd’s credit rating to ‘Ba1’
HAMBURG : The rating agency Moody’s Investors Service (Moody’s) has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1.’ This is the highest credit rating assigned
SeaLead launches DUKE Service, Connecting Pakistan with the Middle East and East Africa
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the launch of its new Dubai, Karachi to East Africa (DUKE) service, a direct liner service connecting Pakistan with
Deadline approaches for IMO-WISTA Women in Maritime Survey 2024
LONDON : The deadline to take part in the 2024 IMO-WISTA Women in Maritime Survey is just two weeks away, closing on 31st December. The survey will provide a
Sebastian von Hardenberg appointed as new CEO of BSM
HAMBURG : Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSM’s Chief Financial Officer Sebastian von Hardenberg. Beveridge will
Baltic index extends losses on weaker capesize, supramax rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on Thursday, dragged