India’s GDP growth to fall to six-quarter low of 6% in Q1 FY2025: ICRA
NEW DELHI : India’s Economic Growth in the first quarter of the current fiscal (Q1 FY25) is expected to slide on a year-on-year (YoY) basis. Rating firm ICRA
Maersk says global trade ‘Resilient’ amid economic challenges
COPENHAGEN : Maersk’s latest Asia Pacific Market Update paints a picture of resilient global trade despite economic challenges. The report highlights a robust global economy with 2.6% projected GDP growth
MSC’s market share now nearly 20%, Maersk under pressure
GENEVA : MSC now has a market share of nearly 20% in the container the shipping industry, an all-time high for any liner operator. According to Alphaliner, MSC
X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Gr
ROTTERDAM : X-Press Feeders, the world’s largest independent common carrier, today announced the launch of its second green methanol-powered route, the Green Baltic X-PRESS (GBX). It is part
DHL names last-mile mobility startup as sustainability challenge winner
SINGAPORE : DHL has named TUX mobility the winner of its latest Fast Forward Challenge. Headquartered in the Netherlands and producing in India, TUX mobility is a developer
APMT bets on terminal development in Pakistan as subcontinent trade expands
KARACHI : Growing trade volumes out of the Indian subcontinent amid the trade diversification in Asia are driving global maritime investors to pour more money into the market.
Saudi Red Sea Authority and King Abdullah University of Science and Technology sign an MoU
RIYADH : The Saudi Red Sea Authority (SRSA) has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to explore aspects of
Wallem Group’s ESG report shows growing commitment to sustainable maritime practices
HONG KONG : Wallem Group, a leading global maritime partner, has released its Environmental, Social and Governance (EGS) report, reinforcing its commitment to safe, sustainable and responsible practices
Piyush Goyal says growth of e-commerce in India ‘matter of concern: ‘Nothing to be proud of&
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal, expressed his concerns about the rapid growth of E-commerce and online shopping in India, warning that
Amardeep Singh Bhatia takes charge as Secretary,DPIIT
NEW DELHI : Shri Amardeep Singh Bhatia, IAS has assumed the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry vice