LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end. Boxship fleet growth is estimated at 9% this year, outpacing
LONDON : BALTIC and International Maritime Council’s (BIMCO) latest report on the container shipping market highlights significant trends amid ongoing challenges due to the Red Sea attacks. Ship supply is set to grow by
NEW YORK : ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to a “Wall Climbing Robot” from Sumitomo Heavy Industries, Ltd., Mitsui O.S.K. Lines, Ltd., and MOL Ship Management Co., Ltd. “Wall Climbing Robot”
PARADIP : Paradip Port Authority (PPA)’s remarkable journey has reached new heights with the recent record-breaking achievement of clocking incredible 145.38 MMT cargo throughput in FY 2023-24 and thus-by nudged passed Deendayal Port, Kandla
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) was estimated to achieve a throughput of over 6.43 million TEUs in fiscal 2023-24, at the time of going to press. It is a significant improvement over
AHMEDABAD : Adani Ports & Special Economic Zone (APSEZ) Ltd. reported its highest-ever monthly cargo volume of 38 million metric tonnes (MMT) in March, it said in an exchange filing. With this, the company
MUMBAI : Express Global Logistics (EXG), a member of the Worldwide Project Consortium (WWPC), added one more feat to their list of accomplishments by successfully executing the internal shifting of 31 pieces of heavy
MUMBAI : In a remarkable display of industry leadership and innovation, Gujarat Logistics has once again set a benchmark in the realm of road transport services. At the prestigious 15th Apollo CV Awards 2024,
MUMBAI : The India Gem & Jewellery industry would achieve exports of $100 billion in a few years and Indian-designed jewellery would make its mark globally, Mr. Mukesh Ambani, CMD, Reliance Group, said on
NEW DELHI : India’s defence exports reached an all time high level of ₹21,083 crore in financial year 2023-24 with a 32.5% growth in FY24 compared to previous financial year, said Defence Minister Shri Rajnath Singh on