March 3, 2026
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APSEZ incorporates new Company Udanvat Leasing IFSC Ltd

October 25, 2023 Trending News, Aviation, Company, Ports, Trade
GANDHINAGAR : Adani Ports and Special Economic Zone Limited (APSEZL) on Monday incorporated a wholly owned subsidiary company “Udanvat Leasing IFSC Limited” which is involved in the business of owning and leasing of aircrafts,

Dr Volker Wissing, Germany’s Federal Minister for Digital and Transport, installs Hapag-Lloyd’s 700,000th tracking device

October 25, 2023 International Shipping, Logistics, Shipping Line, Technology, Trade, Trending News
HAMBURG : Hapag-Lloyd is celebrating the installation of its 700,000th tracking device, an important moment on the company’s path to creating the world’s largest smart container fleet. On Monday, at the company’s headquarters in

THE Alliance announces Transpacific-East Coast Change

October 25, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : In consideration of the present market situation, THE Alliance will make changes to the Transpacific-East Coast Network by suspending EC4 service from week 46 and update the existing EC1, EC2 and EC5

THE Alliance announces Asia-North Europe change

October 25, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : In consideration of the present market situation, THE Alliance will make changes to the Asia – North Europe Network by suspending FE5 service from week 46 and enhance the existing FE3 and

Egypt’s Suez Canal fees set to rise

October 25, 2023 International Shipping, Maritime, Shipping Line, Trade, Trending News
CAIRO : Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions for container vessels out of North European ports.

Germany to dislodge Japan as world’s 3rd largest economy

October 25, 2023 Economy, Global Trade, Trade, Trending News
TOKYO : Germany’s Economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the Yen against the Dollar and the Euro. The International Monetary Fund’s latest projections

Gujarat Chief Minister’s inspiring presence at the closing ceremony of the Global Maritime India Summit 2023 in Mumbai

October 23, 2023 Logistics, Economy, Maritime, Ports, Shipping, Trending News
MUMBAI : During the conclusion of the Global Maritime India Summit 2023, Gujarat Chief Minister Shri Bhupendra Patel said that this summit has unveiled the vast potential of the maritime sector, through collective deliberations

Avaada Group & Gopalpur Port ink pact to set up green ammonia storage unit in Odisha

October 23, 2023 Maritime, Ports, Trade, Trending News
MUMBAI : Avaada Group recently announced signing of a memorandum of understanding (MoU) with Gopalpur Port Ltd to set up a green ammonia storage facility in Odisha, during the recently held Global Maritime India

IMEEC work begins with 3.5 lakh crore railways plan to link 8 ports on West Coast

October 23, 2023 Logistics, Business, Economy, Global Trade, Railway, Trade, Transport, Trending News
NEW DELHI : A strategic project, the plan under the India Middle East Europe Economic Corridor (IMEEC) is to transport goods from Indian Ports to Fujairah in the UAE by ship, and from there

US emerges as India’s biggest trading partner during Apr-Sep this fiscal

October 23, 2023 Export - Import, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The US has emerged as India’s biggest trading partner during the first half of the current financial year despite global economic uncertainties and declining exports and imports, according to government data.
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