Shanghai Port sets world record for annual throughput at 50 Million TEUs
SHANGHAI : A container draped in festive red and marked “The 50 Millionth TEU of Shanghai Port’s Container Throughput in 2024” was smoothly lifted from an automated guided vehicle (AGV) by a remote-controlled quay
MSC orders additional 10 LNG dual-fuel boxships
GENEVA : Mediterranean Shipping Company (MSC), the world’s largest container shipping company, has ordered ten more liquefied natural gas (LNG) dual-fuel vessels in China. The shipowner placed an order for the ten 24,000 TEU
Recovery in markets, focus on key products boost export prospects for 2025
NEW DELHI : India’s growing capabilities in high-value sectors like machinery and electronics are supporting the country’s exports, amid global uncertainties caused by conflicts, and the gradual economic recovery in developed markets offers improved
India exports 200,000 tonnes of rice to Bangladesh
DHAKA : Bangladesh interim government has started importing rice from India. The first consignment of 27,000 tonnes of rice has arrived in Bangladesh through Chittagong Port. The consignment is part of an agreement to
DPIIT establishes 1,300+ manufacturing units under PLI Scheme in 2024
NEW DELHI : Success related to the production-linked incentive (PLI) Scheme to boost the start-up ecosystem, streamlining logistics, enhanced foreign direct investment (FDI) inflows and establishing of over 1,300 manufacturing units under the PLI
Jassper Shipping embarks on E-Commerce Journey with Game-Changing EV Fleet
HYDERABAD : Jassper Shipping, a name trusted in logistics, is making its mark in the e-commerce space by taking a bold step toward sustainability. With 58 electric vehicles (EVs) already hitting the roads in
CAD of India moderates marginally to 1.2% of GDP in Q2FY25
NEW DELHI : India’s current account deficit (CAD) moderated marginally to 1.2 per cent of GDP in the second quarter (Q2: July-September) of FY25 against 1.3 per cent in the year-ago period. The moderation is due to an
Russia’s first ice-class LNG carrier enters sea trials
MOSCOW : The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia’s efforts to raise global LNG market share despite U.S. sanctions.
