HONG KONG : Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk Lines’ attempts to recover market share. Container
BIRKENHEAD : Just five months after becoming Interim Chief Executive of Mersey Maritime, Ms. Ruth Wood has now been appointed to the role on a permanent basis. Ruth Wood is a former senior manager
AHMEDABAD : The Indian billionaire businessman and Chairman of Adani Group, Gautam Adani, shared about his recent meeting with the Bhutan King Jigme Khesar Namgyel Wangchuck on Wednesday, Sharing what all went on during
NEW DELHI : (MoCI)The Commerce Ministry has decided to review the eligibility criteria for the election of office bearers of export promotion councils (EPCs) and apex exporters body FIEO to make them more inclusive
NEW DELHI : The Department for Promotion of Industry and internal trade (DPIIT) has proposed to engage a consultancy agency to draw a reservation list to be used during negotiations of a free trade
AHMEDABAD : Adani Ports And Special Economic Zone on November 9 reported a consolidated net profit of Rs 1747.85 crore for the September quarter, registering a growth of 4.19 percent from the year-ago period. Profits were
CHENNAI : The Chennai Port Authority on Thursday signed a memorandum of understanding (MoU) with Littoral Cruises Limited to enhance cooperation and bolster cruise shipping in the country. Starting February 2024, Littoral Cruises Limited
NEW YORK : Moody’s Investors Service on Thursday retained India’s economic growth forecast for 2023 at 6.7 per cent and said strong domestic demand will likely sustain the growth in the near term. With
MUMBAI : Maritime Association of Nationwide Shipping Agencies – India (MANSA) fondly remembers its colossal past president Mr. Vaishnav Puri, Chairman & Managing Director, Seaworld-Samrat Group, the guiding beacon, for his sage advices, who
HAMBURG : The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical turmoil cloud the outlook, the head of the world’s fifth-biggest carrier said.