Asia-US container rates fall, but average global rates rise as possible port strike nears
HOUSTON : Rates for shipping containers from east Asia and China to the US were flat to softer in the last week while global average rates rose by
Experts convene in Rotterdam to explore Pest-Resistant Container design
ROTTERDAM : Pest-resistant container design took centre stage at a meeting between specialists from the global container shipping industry and biosecurity experts, aiming to address the $423 billion
Tariffs under first Trump term hurt US firms, NY Fed analysis says
NEW YORK : Import tariffs during President-elect Donald Trump’s first term broadly lowered stock values on the day they were unveiled, and were associated with lower future profits,
Cargo Ship’s Engine Room Flooding forces Crew to abandon Vessel in Red Sea
HODEIDAH : Twenty crew members of the MV ISA STAR, a Panama-flagged cargo ship were rescued in the Red Sea on December 5 after the vessel sent out
PM Modi ensured 300% increase in budget outlay for northeast in a decade: Sarbananda Sonowal
NEW DELHI : The Northeast region has received an increase of more than 300 percent in the budget outlay since 2014, said Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, on Friday.
PM Modi and Bhutan King resolve to further expand ‘exemplary’ bilateral ties
NEW DELHI : India and Bhutan on Thursday vowed to further expand their “exemplary” partnership across all sectors with Prime Minister Shri Narendra Modi conveying to Bhutanese King
Gujarat leads in cargo handling; 581.63 MMT handled in 2023-24 across major, non-major ports
GANDHIDHAM : Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal, informed in reply to a question in the Lok Sabha during the ongoing session of Parliament, shared
India not re-considering to join RCEP Pact : Piyush Goyal
NEW DELHI : India in 2019 decided not to join the mega free trade agreement RCEP as the pact was not addressing its concerns and since then there
Govt may offer 35% Subsidy for Goods Transport via Inland Waterways
NEW DELHI : To enhance the transportation of goods through rivers, which currently constitutes only 2 per cent of India’s total freight movement, the government is planning to
Adani Group plans to invest $2 Billion for acquisitions of ports in Europe
AHMEDABAD : The Adani Group is planning to invest $2 billion for acquisitions in the ports sector to expand its presence in the international market, a spokesperson said.