COLOMBO : China has expressed interest to build an oil refinery in Sri Lanka’s strategically located Hambantota district, in a move aimed at expanding its footprint in the Indian Ocean Region (IOR). China had earlier built
SHANGHAI : GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai. The facility is
HONG KONG : Container freight rates are still falling, while charter rates are holding up, suggesting that liner operators are chasing market share, even if it means a price war. Linerlytica‘s latest report, issued
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal informed in a written reply to the Rajya Sabha that, total 101 projects in respect of Ports and Shipping have so
NEW DELHI : Railway Minister Ashwini Vaishnaw on Tuesday stated that the 2023 Budget allocation to Indian Railways is historic and would fundamentally change the productivity of Indian economy.The minister was speaking at the
NEW DELHI : Union Minister Piyush Goyal on Monday said that sustainability has been at the core of the G20 agenda for several years, but it is a way of life for India. The
KOCHI : Department for Promotion of Industry and Internal Trade (DPIIT) under Union Ministry of Commerce and Industry organized two-day regional workshop on Prime Minister Gati Shakti National Master Plan (NMP) for Southern Region
NEW DELHI : The focus in India is now not only on the ease-of-doing-business, but also on the cost-of-doing-business, with sustainability as a common imperative. Recent changes in the world have further brought India
NEW DELHI : Logistics have always been the backbone of international trade. With supply chains dispersed globally as businesses look for the least expensive and most productive sources to produce and move goods, the strength
KOLKATA : In its affidavit to the National Green Tribunal (NGT), Kolkata Port Trust (Syama Prasad Mookherjee Port) has countered the views expressed by green activist Subhas Datta on the possible causes behind the Indian Botanic