Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
LOS ANGELES : Record imports over the last several months at West Coast ports, driven by the recent US East Coast and Gulf Coast strike diversions and ongoing Red Sea issues, are leading to
Baltic index falls for third week on weaker rates across vessels
LONDON : The Baltic Exchange’s main sea freight index dipped on Friday, marking its worst week in five months as demand for all vessel segments declined. The index, which factors in rates for capesize,
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
Indian coastal vessels may trade licence-free for domestic operations
NEW DELHI : The Union Cabinet has approved the Coastal Shipping Bill, 2024, which will remove the requirement for Indian-flagged vessels to acquire a general trading licence to operate on coastal waters once it
India has chosen to be a part of solution in sustainability and is changing faster than before : Piyush Goyal
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal during his keynote address at the 13th Society for Human Resource Management (SHRM) India Annual Conference & Expo 2024 here, said that
Adani Foundation donates ₹100 crores towards Young India Skills University in Telangana
TELENGANA : Adani Foundation has donated ₹100 crore cheque towards the establishment of Young India Skills University in Telangana. A delegation from the foundation led by Chairperson of Adani Group, Gautam Adani, met with Chief Minister
DGFT eases policy conditions on Cough Syrup Exports to USA, UK, Canada, EU, Japan, Australia, Singapore, Republic of Korea and Switzerland
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has eased export policy conditions on the export of cough syrups to select countries, including the USA, UK, Canada, the European Union,
Hapag-Lloyd and Maersk confident in Gemini’s Ambitious 90% reliability target
HAMBURG : The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at Maersk—took the stage together at the Xeneta Summit in