India receives highest FDI from Singapore in 2023-24
NEW DELHI : India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per
Petroleum products exports up 3.3% in May
NEW DELHI : After registering a drop of over 11% in April, India’s export of refined oil products regained momentum and rose marginally last month as the demand
Singapore reopens disused container terminals to alleviate bottlenecks
SINGAPORE : The Maritime and Port Authority of Singapore (MPA) said on 30 May that operations at shuttered container terminals in the city-state’s downtown have been temporarily resumed
Maersk faces significant port congestion in Asia and Mediterranean
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on
Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) at M/s L&T Shipyard
KATTUPALLI : Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) was held at M/s L&T Shipyard, Kattupalli on 03 Jun 24. The ceremony was presided
DHL Express adds innovative feature on AI-powered platform to help businesses access new markets
SINGAPORE : DHL Express, the world’s leading international express service provider, has further enhanced its AI-powered platform, “My Global Trade Services” (MyGTS), with a new “trade lane comparison”
Korea’s exports at 22-month high in May on chips, cars
SEOUL : South Korea’s exports hit a 22-month high in May led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overseas sales are expected
L-Acoustics and GEODIS announce the opening of a Regional Distribution Centre in Singapore
SINGAPORE : GEODIS, a leading global logistics provider, and L-Acoustics, the industry leader in premium professional sound, opened their new regional distribution center in Singapore. The distribution center, the first
New investments announced for the NY-NJ harbor
NEW YORK : The Port Authority of New York and New Jersey has outlined a multifaceted package of significant investments in partnership with the U.S. Army Corps of
UMAS evolves to better serve the shipping sector’s decarbonisation needs
LONDON : UMAS, formerly a close collaboration between the UCL Energy Institute shipping research group and UMAS International Ltd, is to take on a new configuration to better
