February 3, 2023
March 25, 2026
February 3, 2023
Budget raises allocation for transport ministry to finish delayed projects
NEW DELHI : The Union Budget 2023 has raised allocation for the ministry tasked with building highways by a quarter to ₹2.7 lakh crore, demonstrating the Centre’s intent to complete behind-schedule road projects ahead
February 3, 2023
Coastal Shipping in India seeks Public-Private Partnership (PPP) model
MUMBAI : In Union Budget 2023 on February 1, the Indian government announced its plan to invest in coastal shipping. As per the latest budget allocations, India will follow the public-private partnership or PPP
February 3, 2023
Cut In Customs Duty, Support To MSMEs In Budget To Help Boost Manufacturing, Exports: Exporters
NEW DELHI : The announcements for tweaking customs duties in certain sectors and measures to support MSMEs will help in boosting domestic manufacturing and the country’s outbound shipments, exporters said on Thursday. Increase in
February 3, 2023
‘The Party is Over’ for Container Shipping : Hapag-Lloyd CEO
HAMBURG : Container freight rates will keep declining in the current realignment of shipping demand and supply, said the CEO of Germany’s liner Hapag Lloyd, the world’s number five by transport capacity. “The party is over.
February 3, 2023
Maersk makes headway in the internal integration with Senator International rebrand
COPENHAGEN : A.P. Moller – Maersk completes acquisition of Senator International and proceeds in the next stage of its internal integration which began to phase out from1 February and going to market as Maersk.
February 3, 2023
DSV reports strong results for 2022
DENMARK : DSV reports a strong results for the year 2022. Highlights “DSV delivered a strong set of results for 2022. We achieved EBIT growth of 48% and a strong cash flow, driven by
February 3, 2023
New Dedicated Rail Services by CMA CGM in Egypt
MARSEILLE : CMA CGM Group announced new dedicated rail services in Egypt connecting Alexandria and Ain Sokhna Ports to the October Dry Port (ODP) near Cairo’s main industrial and logistics zone. CMA CGM said
February 3, 2023
PIL strengthens SEA linkages with new Thailand Philippines Straits Service (TPS)
SINGAPORE : Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting the key ports of Thailand, Philippines and Singapore. The new service, known as Thailand Philippines Straits Service (TPS),
February 3, 2023