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January 16, 2024

PSA container throughput performance for 2023

Container, Ports, Terminals, Trending News
SINGAPORE : PSA International Pte Ltd (PSA) enjoyed a record-breaking year as it handled container volumes amounting to 94.8 million Twenty-foot Equivalent Units (TEUs) across its port terminals around the world for the year
January 16, 2024

APEDA readies big plan for organic exports from Uttarakhand

EXPORT, Trade, Trending News
NEW DELHI : Faced with 66 per cent decline in organic exports from Uttarakhand in 2022-23, Agricultural and Processed Food Products Export Development Authority (APEDA) and the state government have chalked out plans to
January 16, 2024

US-owned ship hit by missile off Yemen

International Shipping, Global Trade, Maritime, Trade, Trending News
LONDON : Missile fire struck a ship just off the coast of Yemen in the Gulf of Aden, the British military said. Trade Operations said the attack happened some 110 miles (177 kilometers) miles
January 16, 2024

AD Ports Group and CMA CGM join forces with Ecocean to Preserve Marine Biodiversity at Khalifa Port

International Shipping, Foreign Ports, Trending News
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions, and Ecocean, an innovative company serving
January 16, 2024

Egypt’s Suez Canal revenues down 40% due to Houthi attacks

International Shipping, Foreign Ports, Maritime, Trending News
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships by Yemen’s
January 16, 2024

Canals aren’t the world’s biggest shipping chokepoints

International Shipping, COMMERCE, Global Trade, Trending News
CAIRO : When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 5,000 miles from the canals of Suez and Panama
January 15, 2024

In a step to transform India’s Ports, Shipping and Waterways sector, PM to inaugurate projects worth more than Rs 4,000 crore in Kochi

Ports, Container Terminal, Customs, Infrastructure, Shipping, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will visit Andhra Pradesh and Kerala on 16th-17th January, 2024. On 16th January, at around 3:30 PM, Prime Minister will reach Palasamudram, Sri Sathya Sai District
January 15, 2024

Waterways in India have a great potential : Sarbananda Sonowal

Ports, Infrastructure, Inland Waterways, Trending News
GUWAHATI : A team of seven journalists from Rajasthan interacted with Shri Sarbananda Sonowal, Union Minister of Port, Shipping and Waterways, and Minister of AYUSH on Saturday at IWAI, Pandu Port. Sonowal emphasized the idea
January 15, 2024

Rate of Rupee depreciation coming down : Piyush Goyal

Trade, COMMERCE, Economy, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Saturday said at the India Banking Conclave here, that the rate of rupee depreciation has come down and expressed hope that after 8-10 years, it will start appreciating
January 15, 2024

Govt not considering any proposal to lift export curbs on wheat, rice, sugar: Piyush Goyal

EXPORT, Logistics, Trade, Trending News
NEW DELHI : The Government of India (GOI) is not considering any proposal to lift the export curbs on wheat, rice, and sugar, Union Minister for Commerce Shri Piyush Goyal said on Saturday. The
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