HANSOI : The Two-way trade between Vietnam and India saw a yearly increase of 13.6% to US$15.05 billion in 2022, the Vietnam News Agency (VNA) quoted statistics from the General Department of Customs as
LIVERPOOL : Maersk is pleased to announce a new multi-year partnership with ASOS, the global fashion e-commerce destination headquartered in the UK. ASOS has appointed Maersk as its strategic logistics partner for Supply Chain
NEW JERSEY: Maritime containership giant A.P. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said. New Jersey-based Maersk North America will deploy the battery-powered flying cameras
DOHA : Qatar Navigation Q.P.S.C. (Milaha), a Qatari public shareholding company, and the global Turkish company Hareket signed an agreement to establish a strategic alliance to provide a huge and integrated range of transportation and heavy
HAIFA : ZIM, based in Haifa, Israel, launches a new service from 1 February, connecting major ports in South-East Asia and Australia, including the Port of Fremantle in Western Australia. ZIM’s new product, Thailand
LONDON : The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340 ports worldwide, representing over 80% of
OSLO : January proved to be a dramatic month for long-term ocean freight rates, with the latest data from the Xeneta Shipping Index (XSI®) showing the largest ever month-on-month declines. According to the XSI®,
LONDON : The annual Shipping Industry Flag State Performance Table, published recently from the International Chamber of Shipping (ICS), highlights a 25% increase in flag states reporting on seafarer labour standards compared to last
NEW DELHI : Finance Minister Nirmala Sitharaman today presented her fifth and last full-fledged Union Budget 2023 of the Modi government before the 2024 Lok Sabha elections. The Union Budget for the upcoming financial year 2023-24
NEW DELHI : Infrastructure was one of the key priorities amongst the ‘Saptrishi’ announced today by Union Finance Minister Nirmala Sitharaman while tabling the budget. With a capital outlay of Rs 2.40 lakh crore