NEW DELHI : The Rupee appreciated 24 Paise to close at 83.09 against the US Dollar on Wednesday as the American currency retreated from its elevated levels after the US inflation came lower than
ISLAMABAD : Afghanistan urged Pakistan on Tuesday to release thousands of containers of imports it said were stuck at Karachi Port since Islamabad clamped down on transnational cargo. Pakistan authorities say they have lost
HAIFA : Israeli container line ZIM has announced a net loss of US$2.27 billion in the third quarter of the year, while the company achieved a US$1.66 billion net income in the same period
RIYADH : For October 2023, the Saudi Ports Authority (Mawani) announced a 5.31% growth in container handling throughout its ports. A total of 741,905 TEUs were handled, translating to an increase over the 704,486 TEUs
INCHEON : CJ Logistics, with its Global Distribution Center (GDC) in Incheon, is currently testing a new way to process stored goods to get them ready for international shipping more efficiently. One hundred and
UTRECHT : Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel. Their newly developed offshore lifting device, the Heave Chief 1100 is
NEW DELHI : Chief negotiators of India and the UK are expected to soon hold next round of talks for the proposed Free Trade Agreement to iron out differences on issues such as automobiles, medical devices, and movement
NEW DELHI : : India and the UK discussed ways to take forward their negotiations on a free trade agreement (FTA) and global challenges such as the Israel-Hamas conflict and the Ukraine war during a
GANDHIDHAM : The ₹5,000-crore greenfield mega container terminal to be developed and operated by DP World, Dubai, at Tuna-Tekra, 16 km from Deendayal Port in Kandla, Gujarat, will be a game changer for the
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in