DP World’s mega-port to turn Senegal into trade hub
DUBAI : Dubai-based logistics company DP World is investing $1.1bn in a new container port close to Dakar, the Senegalese capital, with the potential to turn the country
India’s Covid surge rocks global shipping industry
MUMBAI : India’s big new wave of Covid-19 infections has hit the worldwide transport trade, which depends on the nation for seafarers, as crews come down with the
Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake
MUMBAI : US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential patrons for the federal government of India’s stake in
India to import UK apples and pears in new trade link-up
British apple and pear growers can soon export to India for the first time under a trade partnership announced this week. The agreement is not as comprehensive as
India exports organic millets grown in Himalayas to Denmark
BANGALORE : In a major boost to organic products exports from the country, first consignment of millets grown in Himalayas from snow-melt water of Ganges in Dev Bhoomi
Mahindra Logistics launches Oxygen on Wheels initiative in Maharashtra
MUMBAI : Mahindra Logistics on Tuesday launched, Oxygen on Wheels (O2W), a free service to augment the availability of oxygen by connecting producers with the hospitals and medical
Veem, Freightos Collaborate On Digital Payments For Global Freight
HONGKONG : Online payment technology company Veem will be collaborating with digital global freight reservation platform Freightos.com. Veem will be on Freightos.com as an available payments choice, providing users with additional
No headway in lifting India’s anti-dumping duty yet
NEW DELHI : There is no development regarding lifting anti-dumping duty on Bangladeshi goods in Indian market and Dhaka is yet to hear from New Delhi despite sending
Share prices of global liners leap 400% during the pandemic
LONDON : Investors have piled into the red-hot container shipping market, sending share prices for top liners skywards. Alphaliner has run the numbers for the largest, listed global
Egyptian court rejects appeal for Ever Given’s release
EGYPT : The Suez Canal Authority (SCA) is persistent in its request for $916 million to be paid for the costs caused by the boxship’s blockage of the