May 8, 2024
May 24, 2026
May 8, 2024
Mumbai to Russia in 18 days, Small Indian Shipping Lines streamline routes via Suez Canal
MOSCOW : Small Indian shipping companies offer shortened delivery times for cargo through the Suez Canal – shipments from Mumbai to Novorossiysk can take about 18 days instead of 25 days, according to information provided
May 8, 2024
Hapag-Lloyd and Maersk navigate shipping struggles amid Red Sea hazards
HAMBURG : German container shipping company Hapag-Lloyd reiterated its cautious approach to maritime routes, announcing on Monday that it continues to steer clear of the Red Sea and the Gulf of Aden due to
May 8, 2024
Maersk sees Red Sea conflict absorbing up to 20% ship capacity
COPENHAGEN : A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to avoid the Red Sea. The effects
May 8, 2024
SeaLead appoints Ashok Pillay as Managing Director for North and Southeast Asia
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the appointment of Ashok Pillay as the new Managing Director for North and Southeast Asia. This strategic move encompasses responsibilities across a diverse group of
May 8, 2024
Milaha reports QR 365 million in net profit for Q1 2024
QATAR : Qatar Navigation Q.P.S.C. (Milaha), has announced recently its financial results for the three months ended March 31, 2024. Key Financial Highlights: Milaha Maritime & Logistics’ net profit decreased by QAR 33 million, driven by reduced
May 8, 2024
IRClass Systems and Solutions Pvt Ltd launches a suite of sustainability services
MUMBAI : IRClass Systems and Solutions Pvt Ltd (ISSPL), through its division – Indian Register Quality Systems, a leading provider of management systems certification services, has announced the introduction of a pioneering initiative aimed
May 8, 2024
India Ratings raises sovereign GDP growth estimate for FY25 to 7.1%
NEW DELHI : India Ratings and Research have revised upward their GDP growth estimate for FY25 to 7.1%, citing strong government expenditure, improved corporate and banking sector balance sheets, and a budding private corporate capex cycle.
May 8, 2024
India allowed the export of non-basmati white rice to Mauritius through National Cooperative Exports
NEW DELHI : The Indian Government has permitted the export of 14,000 tonnes of non-basmati white rice to Mauritius, according to an official notification. The exports are allowed through the National Cooperative Exports Limited,
May 8, 2024