Improved business activity casts doubt over rate cuts
WASHINGTON/LONDON : Businesses across the globe broadly enjoyed an improved performance this month with activity picking up in the United States and across parts of Asia and Europe,
DHL’s new EV Center of Excellence in Shanghai to help companies in the electric vehicle ecosystem
SHANGHAI : DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies
Drewry’s World Container Index increased 16% to $4,072 per 40ft container this week
Spot freight rates by major route Our assessment across eight major East-West trades: Ocean spot market freight rates against 790 global port pairs
Foreship appoints Business Development Director to grow commercial shipping opportunities
FINLAND : Foreship has recruited Mr. Jonny Berglund as its Business Development Director, in a new role to focus the Helsinki-based group’s efforts in growing its presence in
Peak in China’s coal demand in sight as renewables jump 12% : BIMCO
LONDON : Between January and April 2024, China’s electricity generation from renewables surged 12% y/y, significantly outpacing the 6% growth in generation from fossil fuels. While steam coal
Indian Govt pursuing customs mutual recognition agreements with nations: CBIC
NEW DELHI : India has signed mutual recognition agreements (MRAs) with customs authorities of seven nations and is actively pursuing negotiations for such pacts with other countries, a
Adani eyes 3 global ports, prepares $3 billion cash chest
AHMEDABAD : The Adani Group is gearing up with a $3-billion investment to bolster its port operations with an eye on the corridor than connects India to Europe,
APM Terminals Pipavav Q4 net profit declines 32.35% to ₹65.83 crore
PIPAVAV : APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Wednesday reported a 32.35 per cent decline in consolidated net profit to ₹65.83 crore for the fourth quarter ended March
DP World’s Chennai Terminal welcomes its deepest-ever Container Vessel
CHENNAI : DP World, a leading global provider of smart end-to-end supply chain solutions, has achieved a historic milestone with its Chennai Container Terminal Pvt. Ltd. Port (CCTPL),
PSA Mumbai welcomes the maiden call of WAN HAI Lines S18 Service
MUMBAI : PSA Mumbai has announced the arrival of MV. NAJADE recently. This marks the beginning of the highly awaited SI8 service (Southeast Asia Service). Excitingly, this service
