Work on India-UAE leg of $20b trade corridor set to kick off
NEW DELHI : Work on the India-UAE leg of the $20 billion transcontinental India-Middle East Europe Economic Corridor (IMEC), widely viewed as a counter to China’s intercontinental Belt
Govt imposes anti-dumping duties on 3 Chinese products
NEW DELHI : Indian Government imposed anti-dumping duties on three Chinese products including hydraulic rock breakers to protect domestic players from cheap imports. These duties were imposed following
JSW Infra arm JSW Port Logistics to acquire majority stake in Navkar Corporation
MUMBAI : Sajjan Jindal-led JSW Infrastructure, the second largest private commercial port operator in India, has acquired a 70.37 per cent stake in BSE-listed Navkar Corporation, a logistics
Chabahar Port sees 6x container traffic growth in FY24, more investments on cards
NEW DELHI : India funded Chabahar Port in Iran has seen a 600 per cent increase in container traffic y-o-y in FY24, with the terminal handling 64,245 TEUs
INS Tabar arrives Alexandria
NEW DELHI : As part of her ongoing deployment to Africa and Europe, Indian Navy’s frontline frigate, INS Tabar, arrived at the historic Port City of Alexandria, Egypt
WTO’s $648 billion funding helps integrate developing economies into global trade
BRUSSELS : The World Trade Organization’s (WTO) Aid for Trade initiative has contributed $648 billion in funding since 2006 to strengthen the export potential of developing economies and
MSC Vietnam’s Project Cargo team sets new record
GENEVA : MSC Vietnam’s Project Cargo team has achieved another milestone by successfully securing and loading a disassembled lifting frame with parts of various dimensions in Vung Tau.
Ports join hands in building sustainable shipping corridor
LOS ANGELES : Two large COSCO cargo ships filled with containers were anchored at the bustling Port of Long Beach, south of downtown Los Angeles, standing out prominently
ONE decides to update on Thailand Indonesia Service
SINGAPORE : Ocean Network Express (ONE) has decided to enhance its Thailand Indonesia Service (TID1) from 10 July. The updated port rotation of the service will be Laem
ZIM announces Asia-US service network
HAIFA : ZIM announced the launch of a new premium service, ZIM Central China Xpress (ZX2), connecting Central China to the US West Coast. The ZX2 service will
