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Baltic Index hits near three-week low as larger vessel rates fall

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week...

Nagpur–Vijayawada Expressway to boost steel demand through infrastructure growth

NAGPUR : The proposed Nagpur–Vijayawada Expressway is set to transform Vidarbha into a key logistics corridor, enhancing connectivity to ports in Andhra Pradesh and...

CONCOR’s AMUL Ghee Export to Sharjah marks New Global Milestone

NEW DELHI : In a major stride towards India’s self-reliant logistics ambitions, the Container Corporation of India Ltd. (CONCOR) has successfully executed an international...

Mazagon Dock Shipbuilders gets MCZMA’s nod for shipbuilding, launching facility at Nhava

MUMBAI : Mazagon Dock Shipbuilders (MDL), a state-run shipbuilder for the Indian Navy and Coast Guard, has received clearance from the Maharashtra Coastal Zone...

Mega Shipbuilding component hub likely in the works for Thoothukudi

THOOTHUKUDI : Chennai Radha Engineering Works (CREW), in collaboration with a foreign partner, is planning to invest around ₹1,500 crore in establishing one of...

VOC Port sees cargo handling boost amid rapid Hinterland growth

THOOTHUKUDI : V.O. Chidambaranar Port in Thoothukudi crossed the 15-million-tonne mark in cargo handling on August 3, for the current financial year 2025–26 -...

New Mangalore Port sets record with highest-ever monthly container throughput

MANGALURU : In a significant boost to India’s maritime logistics performance, the New Mangalore Port Authority (NMPA) has achieved a record-breaking monthly container handling...

CMA CGM introduces new FAK Rates from Indian Subcontinent to North Europe, Mediterranean & North Africa

MARSEILLE : CMA CGM introduced new FAK rates - from the Indian Subcontinent to the North Europe, Mediterranean & North Africa. The new rates, applicable...

Bahri reports strong first half results with Q2 2025 revenue up 14% QoQ

RIYADH : The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics provider, announced its financial results for the second...

Centre rules out subsidies, explores alternatives as Trump tariffs hit exports

MUMBAI : In response to the fresh U.S. Tariffs announced by President Donald Trump, the Centre has reportedly ruled out direct subsidies for exporters...
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