HOHHOT (CHINA) : As China’s largest land port, Manzhouli is expanding beyond its traditional role as a “transit station.” By promoting local processing of grain, oil and timber, the city is steadily evolving into
GUANGZHOU : INTERCARGO, the International Association of Dry Cargo Shipowners, convened last week in Guangzhou for its semi-annual meetings, the first time the Association has held such an event in China. The meetings, hosted
LONDON : Inmarsat Maritime, a Viasat company, has signed an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) to upgrade its fleet from Fleet Xpress (FX) service to Inmarsat’s NexusWave. This fleet-wide transition to NexusWave will
TOKYO : ClassNK has released the latest version of its report ‘ClassNK Alternative Fuels Insight (Version 3.0)’. This provides updated information on cost simulations reflecting the IMO’s mid-term GHG reduction measures approved at the
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday to a near one-week low due to weaker rates for capesize
SINGAPORE : SeaTrek, a dynamic and fast-growing dry bulk operator, announced a strengthened management team as it embarks on its next phase of growth. The company has appointed Rob Aarvold as Global Chief Executive
NEW DELHI : Indian Government is planning to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil
NEW DELHI ; The Government of India allotted quota for 180 tonne of gold imports from the UAE at a concessional duty under the Comprehensive Economic Partnership Agreement (CEPA) on Monday, with a traders’
MUMBAI : Dun & Bradstreet India, a leading provider of business decisioning data and analytics, has released a new report titled ‘Navigating the Fault Lines of Global Trade: An Indian Perspective,’ offering a comprehensive
NEW DELHI : India remains the world’s fastest-growing large economy despite a slowdown in real GDP growth in fiscal 2024-25. It has moderate dependence on external trade for growth, which cushions it somewhat from