Shanghai gears up to build digital, intelligent & green international shipping center
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are clustering at a faster pace in
Xeneta Shipping Index October 2024: Long term market turns a corner as rates fall
OSLO : The ocean container shipping market turned another corner in October as the Xeneta Shipping Index (XSI®) fell for the first time since June. The Global XSI®, which measures all valid long-term rates
Egypt reports $6B loss from Houthi attacks on commercial shipping
CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted severe economic losses on Egypt. In
Baltic Index logs Fifth Weekly Loss on Weaker Rates across all Vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight weekly loss, weighed by weaker rates across vessel types. The index, which factors in rates for
Piyush Goyal concludes successful visit to Kingdom of Saudi Arabia, strengthening India-Saudi Arabia economic ties at the 8th Edition of Future Investment Initiative
RIYADH : Union Minister of Commerce and Industry, Shri Piyush Goyal, successfully concluded his visit to the Kingdom of Saudi Arabia. During the visit, Shri Piyush Goyal participated in the Plenary Session of the
UK celebrates Diwali with hope for ‘magic moment’ to light candle on India FTA
LONDON: The UK is very keen to clinch the Free Trade Agreement (FTA) with India and is building towards that magic moment, Britain’s minister in charge of the Indo-Pacific said during a special Diwali
Rashtriya Ekta Divas celebrated at JNPA; Virtually participated in pledge ceremony organised by the MoPSW
MUMBAI : Jawaharlal Nehru Port Authority – India’s Best Performing Port, in a spirited tribute to Sardar Vallabhbhai Patel, celebrated Rashtriya Ekta Divas with great enthusiasm. The day began with a collective oath-taking ceremony,
DP World exploring investment opportunities
ISLAMABAD : A high-level delegation from DP World, a renowned Dubai-based firm, visited the Special Investment Facilitation Council (SIFC) in Pakistan to explore investment opportunities across multiple sectors. According to official sources, the delegation