March 17, 2026
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April 2, 2024

Cosco Shipping Ports reports 4.4% YOY increase in total throughput for 2023

International Shipping, Global Trade, Logistics, Shipping Line, Trade, Trending News
SHANGHAI : Chinese state-owned ports logistics company Cosco Shipping Ports Limited reported a 5.8% year-on-year increase in profit for 2023, standing at USD 324.5 million. The company’s annual revenue reached USD 1,454.4 million, increased
April 2, 2024

The rise of Gandhinagar as a ‘Financial Hub’

Trade, Business, COMMERCE, Economy, Trending News
GANDHINAGAR : Gujarat’s capital Gandhinagar has been a bastion of Bharatiya Janata Party (BJP) since 1989, with the likes of party co-founder Shri Lal Krishna Advani, former Prime Minister Shri Atal Bihari Vajpayee and now current Home
April 2, 2024

‘One Vehicle, One FASTag’ norm starts by NHAI

Logistics, Trade, Transport, Trending News
NEW DELHI : For seamless vehicular movement at the Toll Plazas across the country, the state-owned National Highways Authority of India’s (NHAI) ‘One Vehicle, One FASTag’ norm has come into force from April 1.
April 2, 2024

CMA CGM halts operations at Haiti’s major port

International Shipping, Foreign Ports, Shipping Line, Trending News
MARSEILLE : Due to escalating security concerns in Haiti’s Port-au-Prince and its surrounding areas, CMA CGM has decided to suspend operations at the Lafito terminal until further notice. “Therefore, CMA CGM won’t accept bookings
April 2, 2024

Saudi ports enhance Red Sea connections with new NRS shipping service

International Shipping, Foreign Ports, Global Trade, Logistics, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority, Mawani, has announced the addition of the new shipping service ‘NRS’ by Folk Maritime to Jeddah Islamic Port that aims to connect Saudi Arabia to various ports along
April 2, 2024

First vessel passes through temporary channel near Baltimore’s Key Bridge wreckage site

International Shipping, Foreign Ports, Maritime, Trade, Trending News
BALTIMORE —  The Tugboat Crystal Coast, pushing a fuel barge, was the first vessel to move through the newly created temporary alternate channel in Baltimore following the collapse of the Key Bridge, according to
April 2, 2024

NYK President Soga addresses recruits at 2024 Welcoming Ceremony

International Shipping, Shipping Line, Trending News
TOKYO : On April 1, NYK welcomed 69 recruits at a ceremony held at the company’s Tokyo head office. Below is a translation of the address given by NYK President Takaya Soga. President’s SpeechGood
April 1, 2024

Celebrating exemplary role of Seafarers in Maritime Sector: Weeklong National Maritime Celebrations begins with pinning of the first “Merchant Navy Flag on PM’s lapel”

Maritime, Shipping, Trending News
NEW DELHI : Gearing up for a weeklong celebration of National Maritime Day starting April 5, the Prime Minister, Shri Narendra Modi, was honored with the ‘Merchant Navy Flag,’ pinned on his lapel by
April 1, 2024

Adani Ports-Gopalpur Port acquisition: A step closer in achieving East-West parity

Ports, Business, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, will purchase a 95% stake in Gopalpur Port Limited (GPL), which includes a 56% stake from Shapoorji Pallonji (SP) Group
April 1, 2024

India’s Government e-Market is world’s 3rd largest e-commerce platform: CEO

Trade, COMMERCE, Economy, Trending News
NEW DELHI : India’s ‘Government e-Market’ or GeM portal is the world’s third largest e-commerce platform for public procurement after Korea’s ON-line E-Procurement System (KONEPS) and Singapore’s GeBIZ with a total sales value crossing
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