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February 14, 2023

Maersk files a lawsuit against Evergreen over Suez Canal grounding

International Shipping, Trending News
COPENHAGEN : Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused
February 14, 2023

Govt of India considers vessels directly to Japan for saving time & cost

EXPORT, Trending News
NEW DELHI : As higher freight cost is a major challenge for apparel exporters, the Government is considering the vessels directly to Japan so that time and cost get reduced drastically. Sharing this, Narendra
February 14, 2023

AISATS to develop India’s largest Multi-Modal Cargo Hub at Noida International Airport, Jewar, Uttar Pradesh

Logistics, Trending News
LUCKNOW : Air India SATS Airport Services Private Limited (AISATS), India’s leading airport services company has been selected by Yamuna International Airport Private Limited (YIAPL) to Design, Build, Finance and Operate an Integrated Multi-Modal
February 14, 2023

Air India resumes its non-stop service between Mumbai and New York

Aviation, Trending News
NEW DELHI : Air India, India’s leading airline and a Star Alliance member, continues to expand its global reach with the resumption of its non-stop service between Mumbai and JFK Airport in New York from
February 14, 2023

HMM’s annual profits crosses US$7 billion

International Shipping, Trending News
SEOUL : South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to US$7.8 billion. The net profit of the ocean
February 14, 2023

MSC and Costamare agree to jointly fund $45m California oil spill settlement

International Shipping, Trending News
GENEVA : Mediterranean Shipping Company (MSC) has confirmed it is part of $45m settlement for claims from October 2021 pipeline spill in California, although maintains full responsibility for the incident lies with pipeline owner
February 14, 2023

Four Asian shipping lines are reporting steep revenue declines

Shipping Line, Trending News
SINGAPORE : New operating results from four Asian shipping lines were released Friday, pointing to steep performance declines in the fourth quarter and ongoing market erosion in the first month of this year. Orient
February 14, 2023

CII is unfair to all ships: Union of Greek Shipowners

Maritime, Trending News
PIRAEUS : Greek shipowners are calling for amendments to IMO’s Carbon Intensity Indicator (CII) led by the Union of Greek Shipowners (UGS) and Philippos Philis, President of ECSA. Decarbonisation is an increasingly high priority
February 13, 2023

PM inaugurates Uttar Pradesh Global Investors Summit 2023 in Lucknow

Infrastructure, Trending News
LUCKNOW : The Prime Minister, Shri Narendra Modi inaugurated the Uttar Pradesh Global Investors Summit 2023 in Lucknow. He also inaugurated the Global Trade Show and launched Invest UP 2.0 during the programme. Uttar
February 13, 2023

Huge commitments to invest in UP at Global Investors Summit has been due to the honest government and safe environment in the state : Piyush Goyal

Trade, Trending News
LUCKNOW : There have been commitments to the tune of lakhs of crores to invest in Uttar Pradesh and this has been made possible due to the honest government and safe environment in the
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