NEW DELHI : The Project Monitoring Group (PMG) of the Department for Promotion of Industry and Internal Trade (DPIIT) conducted a comprehensive review of key infrastructure projects in Bihar, West Bengal, and Odisha. Officials
GENEVA : A container vessel operated by MSC lost some of its cargo of containers while underway in the Atlantic Ocean off the coast of Portugal on Thursday, March 20. The Portuguese-flagged MSC Houston V had
HAMBURG : China’s container logistics businesses face mounting pressure as declining container prices and leasing rates caused by weak cargo demand strain the industry. The market is experiencing growing inventory glut, making it harder
TOKYO : Current Senior Vice President Hayato Suga has been appointed as President & CEO as well as Representative Director of ClassNK and current Corporate Officer Fumihiko Higashi has been appointed as Executive Vice
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Monday, helped by gains across all vessel segments. The
LONDON : Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based
NEW DELHI / SINGAPORE : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal is embarking on a Three Day Official visit to Singapore to take part in the Singapore Maritime Week to be
GANDHIDHAM : The Deendayal Port Authority has announced new reserve prices for land leasing, aimed at facilitating the development of major industries, including a mega marine cluster. In a notification issued on March 17,
DUBAI : DP World has unveiled plans to enhance its global container handling capacity by approximately 5.4 million twenty-foot equivalent units (TEUs) throughout 2025. This expansion aims to accommodate growing demand in key international
GENEVA : During the FIATA HQ Meeting Coffee and Learn session, FIATA Association Members highlighted the upcoming regional field meetings, where industry leaders will gather to share knowledge, network, and drive forward key logistics