GOGAMUKH : Union Agriculture Minister Shri Arjun Munda on Monday said the government has launched a mission to boost production of oilseeds and reduce imports of cooking oils. The minister virtually inaugurated administrative-cum-academic building, Manas Guest House, Subansiri Girls Hostel
NEW DELHI : Indian government has permitted exports of 30,000 tonne of non-basmati white rice to Tanzania and 80,000 tonne of broken rice to Djibouti and Guinea Bissau. The export is permitted through National
SHANGHAI : French shipping company CMA CGM and the terminal operator Shanghai International Port Group (SIPG) jointly held a strategic Terminal Stevedoring Agreement (TSA) extension signing ceremony on 28 February in Shanghai, China. The
MARSEILLE : Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly biofuel for a part of its maritime shipping
Promoting the NYK Group’s Regional Strategies TOKYO : On April 1, the NYK Group will establish the NYK Group region heads in Europe (London), the Americas (Secaucus), China (Shanghai), South Asia (Singapore), and the
HONG KONG : Hong Kong Air Cargo announced a new E-commerce route, enhancing connectivity between Hong Kong and Riyadh, Saudi Arabia. The latest addition includes two weekly all-cargo flights, operated with an Airbus A330-200F
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all merchant ships. Piracy, hijackings, armed robbery,
LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains on last Thursday to hit an over two month peak, supported by rising rates across all vessel segments. The overall index, which
TYNE : NorthStandard confirms S&P ‘A’ rating after strong first set of post-merger results. NorthStandard has followed up strong renewal results after the first year of operating as a merged entity by announcing an
LONDON : Supply/demand balance For crude tankers, we forecast that the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing distances, create the foundation for the