Major container lines jointly launch Asia – East Coast South America service
SINGAPORE : Five of the leading ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America. In
Stormy weather disrupts Middle East supply chains network
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up
‘World’s first’ ammonia dual-fuel Aframaxes ordered by MISC
KUALA LAMPUR : Malaysia’s shipowner MISC has ordered and chartered out, via its petroleum arm AET, ‘the world’s first’ two ammonia dual-fuel Aframaxes. AET signed the shipbuilding contracts
PIL posts US$277.6 million earnings for FY2023, expects to stay profitable in FY2024
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion
How Adani Ports unlocked growth potential of India’s seaports after acquisitions
NEW DELHI : India’s largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million
Maersk enhances ME2 Service between India and North Europe
MUMBAI : Maersk announces a significant upgrade to its ME2 Ocean Service. As of third week of April, the ME2 service will include port calls to key destinations
PIL enhances presence in East Coast South America with two revamped direct services- East Coast Serv
SINGAPORE : With the aim of improving and enhancing our presence in East Coast South America, Pacific International Lines (PIL) is pleased to introduce two revamped weekly direct
Indian Economy will be $34.7 Trn by 2047 with a per capita be $21K : PHDCCI
NEW DELHI : Indian Economy will attain the size of $34.7 trillion by 2047, with per capita income of $21,000, a report by PHD Chamber of Commerce and
India delivers 1st batch of BrahMos supersonic cruise missiles to Philippines
NEW DELHI : India on Friday delivered the first batch of BrahMos supersonic cruise missiles and launchers to the Philippines, two years after the two countries signed a
Tamil Nadu continues to be number one state in electronic goods exports in FY24
CHENNAI : Tamil Nadu continues to consolidate its position as India’s leading exporter of electronic products with its share constituting a whopping one-third of India’s total electronic goods