May 23, 2024
May 24, 2026
May 23, 2024
Container lines make $5.4bn profit amid Red Sea disruption
SINGAPORE : After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024 with rate support from geopolitical disruption. Container line earnings have been on a downward trajectory since the
May 23, 2024
Allianz Commercial: Shipping losses hit all-time low despite increasing risks for the whole sector
SINGAPORE : Given as much as 90% of international trade is transported across oceans, maritime safety is critical. Thirty years ago, the global shipping fleet lost around 200 large vessels a year. This total
May 22, 2024
India to expand overseas port operations, wins rights to operate a port terminal in Bangladesh
NEW DELHI : Following successful agreements for Chabahar Port in Iran and Sittwe in Myanmar, India is set to operate a terminal at Mongla port in Bangladesh. This will be the third overseas port operation by
May 22, 2024
Eastern states of India suffered in past due to Freight Policy; now engine of growth: FM Sitaraman
PATNA : Finance Minister Smt. Nirmala Sitharaman said at a televised press briefing here on Tuesday that,a policy aimed at making minerals priced at the same level across the country that existed for four
May 22, 2024
Adani Ports awarded ‘Most Progressive Port’ by Global Forum
AHMEDABAD : Adani Ports and SEZ Ltd. have been awarded the ‘Most Progressive Port/ Terminal Towards Sustainable 2024′ by a global organisation. The award recognises the company’s “valuable contributions made to the global ports
May 22, 2024
Indian crew world’s most abandoned seafarers, union figures show
LONDON : Indians are the most abandoned nationality of seafarers with 411 already recorded for this year to surpass last year’s 401, a UK-headquartered global union of transport workers has said. The International Transport
May 22, 2024
The proposed India-UK FTA hopefully not far : FICCI UK Council Chair
LONDON : The proposed India-UK Free Trade Agreement is hopefully not far on the horizon as it will offer immense opportunity to be leveraged within the bilateral partnership, said the new chair of a
May 22, 2024
Om Logistics leads the way in D2C shipping with RapidShyp
NEW DELHI : Om Logistics, a prominent player in B2B logistics, is excited to announce its foray into Direct-to-Consumer (D2C) shipping through its innovative venture, RapidShyp. Leveraging a rich heritage of expertise spanning over
May 22, 2024