Suez Canal blockage to have ripple effect on the container trade
Will aggravate the already global container imbalance and increase freight rates in the coming days It was a big relief for the global maritime trade as the container
Mapletree enters logistics biz on buying KSH Infra from Morgan Stanley arm
Singapore-listed Mapletree Logistics Trust (MLT) has bought logistics firm KSH Infra from a unit of Morgan Stanley Real Estate Investing (MSREI). KSH Infra owns warehousing properties in Pune.
Suez Canal blockage: impact for India will be evident by May-June
On March 23, 2021, the ultra-large Panama-flagged 20,388-TEUs 400-metre Evergreen-operated container ship MV Ever Given on route from Shenzhen, China to Rotterdam, Netherlands got stuck at Suez Canal
India’s goods exports to stand at $290 bn in FY21 : Piyush Goyal
NEW DELHI: India’s goods exports will stand at USD 290 billion for the financial year ending March, 7 per cent short of the shipments in the previous fiscal,
Insurers face losses from Suez Canal closure
The loss of trade per day due to the closure is pegged at close to $9 billion’As the global shipping industry heaves a sigh of relief at the
Ever Given being towed for technical inspection
EGYPT : Grounded container vessel Ever Given has been fully refloated and is being towed to the Great Bitter Lakes region for its technical examination, Boskalis subsidiary SMIT
Ministry of Ports Secretary visits Visakhapatnam Port Trust
VISAKHAPATNAM : Dr. Sanjeev Ranjan, IAS, Secretary, Ministry of Ports Shipping and Waterways (MoPSW), visited Visakhapatnam Port Trust on Sunday . He was welcomed by Visakhapatnam Port Trust
JNPT inaugurates Inter Terminal Route
MUMBAI: In a major push and with a vision to achieve seamless trade, new Inter Terminal Route connecting BMCT Terminal with all the other four Container Terminals of JNPT
GatewayRail flagged off the 1st ONE Line Double Stack Export Rail Service from ICD Gurugram to Pipav
HARYANA: GatewayRail flag off the first ONE Double Stack Export Rail Service from ICD Gurugram (Garhi Harsaru) to Pipavav on 26thMarch 2021 Gateway Rail Freight Ltd (GatewayRail) and
HPCL buys out Shapoorji Pallonji stake in joint venture LNG terminal
MUMBAI : Hindustan Petroleum Corporation Ltd (HPCL) has acquired the 50 per cent stake it does not already own in HPCL Shapoorji Energy Private Limited (HSEPL), from SP
