March 26, 2024
March 16, 2026
March 26, 2024
Bahri Line expands fleet with a new Multi-Purpose Vessel
RIYADH : Bahri Line has continued its venture into the niche multipurpose sector with the addition of an MPP to its fleet. The company said it has added Bahri Diriyah, reaffirming its commitment to
March 26, 2024
Baltic index slips to three-week low on weaker capesize, panamax rates
LONDON : The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax vessel segments. The overall index, which factors in
March 26, 2024
Drewry : World Container Index down by 5% last week
LONDON : Drewry’s World Container Index decreased by 5% to $3,010 per 40ft container this week.
March 26, 2024
IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels
LONDON : The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and for this sector’s contribution to minimise
March 23, 2024
Driving India’s economic growth, ‘InvIT a runaway success’ : Nitin Gadkari’s vision at BT Banking Summit 2024
GANDHINAGAR : Union Minister Shri Nitin Gadkari outlines India’s economic trajectory and infrastructure plans, emphasizing the pivotal role of roads and highways. At the BT Banking Summit 2024, he unveils strategies to bolster financial
March 23, 2024
PSA International announces financial results of 2023
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For the full-year period, revenue decreased by
March 23, 2024
Port cargo volumes to grow 6 – 8 per cent in FY25
Containers and coal shipments are expected to support cargo volume growth at the ports in FY25 by 6 -8 per cent. In the first 10 months of FY2024, cargo volumes witnessed a 7.6 per
March 23, 2024
VOC Port Authority held pre-bid meet to build a 4 million TEUs capacity container terminal in the port’s outer harbour
MUMBAI : Some of the potential bidders participated in a Roadshow held by the pre-bid meeting called by V O Chidambaranar Port Authority on 18 March in Mumbai to build a 4 million twenty-foot
March 23, 2024