December 28, 2023
May 24, 2026
December 28, 2023
India’s first rupee payment for UAE oil set to spur two-way trade boom
NEW DELHI : India, the UAE’s second-largest trading partner, has made its first-ever payment in Rupees for crude oil purchased from the Emirates, signalling what could be a paradigm shift in dollar-denominated global trade
December 28, 2023
MPA sets new Asian record of handling highest cargo in a day
GOA : Mormugao Port Authority (MPA) on Wednesday created a new Asian record of handling highest quantity of cargo per day and surpassed its previous record. MPA Dy Chairman G P Rai informed reporters
December 28, 2023
India’s logistics cost is not 13-14 percent of GDP : NCAER
NEW DELHI : At no point in time, in recent memory, India’s logistics cost is a steep 13-14 percent of the gross domestic product or GDP as top government functionaries, including Prime Minister Shri Narendra
December 28, 2023
CONCOR started container transportation for Nepal
NEW DELHI : Container Corporation of India Ltd. (CONCOR) started its maiden container train movement on 24.12.2023 to Indian Customs Yard (ICY) at Jogbani from TSIM siding of Tata steel. It is considered as
December 28, 2023
DTDC keen on transporting 60% cargo through rail : Chairman & MD Subhasish Chakraborty
BENGALURU : Home-grown logistics firm DTDC Express is waiting for the Indian Railways to address logistic infrastructure gaps in its network so that the company can expand its cargo movement through rail to around
December 28, 2023
Hapag-Lloyd says Red Sea route still ‘too dangerous’
HAMBURG : One of the world’s biggest shipping firms, Hapag-Lloyd, will not resume its use of the Suez Canal despite an international military operation to keep the area safe. Yemen’s Houthi rebels backing Hamas
December 28, 2023
MSC container ship ‘MSC United VIII’ attacked in Red Sea by Houthis
GENEVA : The world largest Shipping Line Mediterranean Shipping Company (MSC) has confirmed that one of its container ships was attacked on Tuesday while transiting the southern Red Sea. A statement from the group
December 28, 2023
What does Maersk’s move to resume Red Sea transits say?
COPENHAGEN : The 24 December move by Danish container shipping giant Maersk Line Ltd to prepare for allowing its ships to resume transits through the Red Sea/Gulf of Aden that were paused earlier this month in the
December 28, 2023