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India’s Q1 tea shipments up 17% at $219 million on strong demand

NEW DELHI : India’s April-June quarter tea exports this fiscal registered a 17 per cent growth in value terms at $218.95 million over the...

Maersk launches New Caribbean – North Europe (CAX)Service

COPENHAGEN : Maersk are pleased to announce the launch of CAX, a new service that will connect the Caribbean and North Europe. With the...

PIL opens new office in Guatemala

GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. "This new office represents much...

Global Shipping Giants bet big on ULCVs as trade flows evolve

The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape...

South Africa advances plans to decarbonize shipping sector

South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans to implement key IMO regulations on shipping emissions and establish a...

Sanfu Shipyard delivers methanol dual‑fuel feeders to MPC Container Ships

TAIZHOU CITY : Sanfu Shipyard, officially Taizhou Sanfu Ship Engineering Co., Ltd., has delivered two DNV‑class methanol dual‑fuel 1,300 TEU container feeder vessels—the NCL Vestland and...

Drewry: World Container Index down 2.6% last week

LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to,...

Baltic Index posts Biggest Weekly Gain in four months on Capesize increase

LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest...

CMD CONCOR engages with trade in Morbi ; Highlights benefits of newly established Gati-Shakti Cargo Terminal (GCT) – Rafaleshwar

MORBI : Shri Sanjay Swarup, Chairman and Managing Director of Container Corporation of India Ltd. (CONCOR), met with key trade stakeholders in Morbi to...

Piyush Goyal interacts with Heads of Commercial Wings in Indian Missions Abroad

NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal interacted with Heads of the Commercial Wings posted in 74 Indian Missions...

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