PHDCCI expects strong GDP growth in coming quarters
NEW DELHI : Industry chamber PHDCCI said it expects strong GDP growth in the coming quarters with the economic recovery gaining momentum. Out of the 12 lead economic and
CICT declared Asia’s Best Container Terminal under 4 million TEU for 5th consecutive year: Sri Lan
Colombo International Container Terminals (CICT) has continued its winning streak on the global stage by winning the award for the ‘Best Container Terminal in Asia’ in the Under
Demand pickup, infra creation to grow logistics sector
NEW DELHI : A pick-up in demand along with reforms and construction of support infrastructure is expected to grow India’s logistics sector by 10-12 per cent CAGR. At
Adani to meet Sri Lankan President in Colombo
MUMBAI : Gautam Adani, Chairman of the Adani Group that was chosen to develop a major port terminal project in Sri Lanka, is scheduled to meet President Gotabaya Rajapaksa
MSC increases freight rates from Africa to Europe
GENEVA : Mediterranean Shipping Company (MSC) has published new Freight All Kinds (FAK) increases for cargoes travelling from Africa to Europe. The updated prices will be effective from
COSCO SHIPPING Ports and Silk Road Fund agreed to establish co-operative strategic relationship in P
HONGKONG : COSCO SHIPPING Ports Limited, the world’s leading ports operator, is pleased to announce that, based on the good business relationship between the Company and Silk Road
Box volume growth continues at Port Houston
Port Houston has achieved double-digit growth for the seventh consecutive month in its container throughput. The port in Texas has handled 281,500TEU in September, representing an increase of
Los Angeles reports busiest September in history despite record-low exports
The Port of Los Angeles (POLA) has reported its busiest September ever recorded in its 114-year history, with more than 903,800TEU handled through its terminals, reflecting a growth
Decongested Oakland calls for cargo
CALIFORNIA : Port of Oakland officials are calling on shipping lines to route more cargo in its berths as the port sees no backlog on docks, while other
WCO and INTERPOL conduct a joint series of training workshops for frontline Customs officers on the
BRUSSELS : In the end of July 2021, the Secretary Seneral of the WCO, Dr Kunio Mikuriya, had a bilateral meeting with his counterpart, Mr Jurgen Stock, within
