India and Iran discuss Chabahar Port development and strengthening trade relations
NEW DELHI : India and Iran recently evaluated their bilateral relations, focusing on the joint development of the Chabahar Port and enhancing trade and economic ties. Discussions also explored potential cooperation in agriculture and
UP set to become Bharat’s top logistics hub with Rs 1000 crore investment
LUCKNOW : The Uttar Pradesh Government has unveiled the Multi-Modal Logistics Park Policy 2024, aiming to position the state as a top-tier logistics hub. This initiative will significantly enhance infrastructure, supply chain efficiency, and
Shipping rates hamper overseas trade ambition of HMT
CHENNAI : Shipping rates are an inhibiting factor so far as the competitive character of HMT goods in the overseas export markets is concerned, according to Dr. S.M. Patil, Chairman of HMT. On January
SHIPPING: Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline
HOUSTON : Union dockworkers and representatives for US Gulf and East Coast ports are expected to resume negotiations on a new master contract on 7 January, just more than a week ahead of the
Shipping emissions back at Pre-Covid levels, expected to have risen by 4% in 2024 : Clarksons
LONDON : Clarksons Research have released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping
Ulsan Port Authority Awards ‘2024 Best Tank Terminal’
ULSAN : Ulsan Port Authority (UPA) has announced the winners of its inaugural ‘Best Tank Terminal at Ulsan Port’ program, recognizing exceptional ESG (Environmental, Social, and Governance) practices among Ulsan’s tank terminals. The ‘Best
Baltic Index extends gain as larger vessel rates firm
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel
Drewry: World Container Index up by 3% this Week
LONDON : Drewry’s World Container Index increased 3% to $3,905 per 40ft container this week. Drewry’s detailed assessment for Thursday, 02 January 2025