February 29, 2024
March 15, 2026
February 29, 2024
FedEx unveils LCL priority service for seamless Asia Pacific-Middle East connections
MEMPHIS : FedEx Logistics and FedEx Express, subsidiaries of FedEx Corp, are launching the new FedEx Less-than-Container Load (LCL) Priority service, offering a customs-cleared port-to-door and door-to-door solution with a strategic balance of speed
February 29, 2024
New container line starts operations in Saudi Arabia
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the first Chief Executive Officer (CEO) of
February 29, 2024
Red Sea crisis hurt global trade volumes: WTO DG
ABU DHABI : The crisis in the Red Sea, one of the world’s busiest trade corridors, hit global merchandise trade volumes in 2023, according to Ngozi Okonjo-Iweala, Director-General, World Trade Organization (WTO). These disruptions,
February 29, 2024
Shipping containers to post two consecutive years of decline: Drewry
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While stubbornly high levels of inflation in
February 29, 2024
Indian security and anti-narcotics agencies seized 3,300 kg of drugs off Gujarat coast
NEW DELHI : Indian security and anti-narcotics agencies on Wednesday said they have seized 3,300 kg of drugs in the highest-ever offshore capture till date and arrested five foreigners from a dhow in the
February 29, 2024
FMC adds Chinese Shipping Company to Controlled Carrier list
WASHINGTON D.C. : The Federal Maritime Commission, the independent federal agency responsible for ensuring a competitive and reliable international ocean transportation system, has designated Hede (HONGKONG) International Shipping Limited, a company associated with the government
February 28, 2024
PM Modi to unveil game-changing projects worth more than Rs.17,000 Crore at Tuticorin today
CHENNAI : The Union Minister for the Ministry of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, briefed the press here in the presence of Shri Shantanu Thakur, Minister of State for Ports, Shipping, and
February 28, 2024
Piyush Goyal launches Bharat Startup Ecosystem Registry and website with logo of Startup Mahakumbh
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal said that Startup Mahakumbh is reflective of the India growth story. While delivering the
February 28, 2024