Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game,
Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping
Second Chinese vessel successfully docks at Vizhinjam Port with crucial equipment for international
THIRUVANANTHAPURAM : A second Chinese vessel carrying a ship-to-shore crane for the international deep-sea facility at Vizhinjam here docked at the port on Monday, sources at the port
Allcargo Standalone September 2023 Net Sales at Rs 384.43 crore, down 60.88% Y-o-Y
MUMBAI : Allcargo Standalone September 2023 Net Sales reported at Rs 384.43 crore, down 60.88% Y-o-Y Net Sales at Rs 384.43 crore in September 2023 down 60.88% from
Russia and India sign deal on supply, production of Igla air defence systems
NEW DELHI : Russia has signed an agreement with India to supply its Igla hand-held anti-aircraft missile to the country. According to the pact, Russia will also allow domestic
India signs pact with ADB for $400-million loan to support urban reforms
NEW DELHI : The central government recently signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda to
IIT Madras develops mobile app for inter-city goods logistics
CHENNAI : The Indian Institute of Technology Madras (IIT Madras) faculty, students and the alumni have developed a mobile application to enable easier and efficient transportation of goods
Hanjin signs MOU with AWOT Global Corp for logistics partnership
SEOUL : Hanjin Logistics Corp., an affiliate of airline-to-logistics conglomerate Hanjin Group, said it has signed an initial pact with a Chinese company for a business partnership in
Greek owner to sell all container ships, spend $3B on LNG tankers
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which
Adani Group eyeing opportunities in neighbouring countries after Sri Lanka port, says Karan Adani
COLOMBO : Days after announcing a significant $553 million investment from the United States government for its West Container Terminal in Colombo, Sri Lanka, Mr. Karan Adani, CEO of Adani Group told