Indian road logistics industry revenues to grow at 3%-6% in FY25 says ICRA
NEW DELHI : The Indian road logistics industry’s revenue will remain range-bound and grow at a slower pace of 3-6 per cent in the current financial year, rating
Maersk’s new warehouse in Sri Lanka to strengthen integrated logistics solutions for customers
COLOMBO : A.P. Moller – Maersk (Maersk) inaugurated its brand new warehouse in Sri Lanka at Wattala, spread over 100,000 sq. ft. Present at the inauguration were Mr.
Houthis claim to have fired rockets and drones at Israeli, US, and British ships
YEMEN : Houthi forces in Yemen claimed to have launched rockets and drones at British, US, and Israeli ships, the latest in a campaign of attacks on shipping
Evergreen suspends Haiti calls amid security concerns
TAIPEI : Due to the escalating security concerns in Port-au-Prince in Haiti and the heightened levels of street violence, Evergreen has decided to suspend all calls at the
MSC faces financial penalty of over US$63 million relating to reefer overcharges
GENEVA : Mediterranean Shipping Company (MSC) is facing a fine of at least US$63 million after the US Federal Maritime Commission (FMC) accused the world’s largest liner operator
King Abdul Aziz Port handled 289,787 TEUs in March
DAMMAM : Remarkably, King Abdul Aziz Port in Dammam of Saudi Port Authority (Mawani) has achieved record-breaking monthly throughput during 2023 and at the start of 2024. It
Container removal begins on MV Dali that collided with Baltimore’s Key Bridge
BALTIMORE : Workers on Sunday began removing containers from the giant cargo vessel that remains pinned under the metal remains of Baltimore’s Key Bridge, nearly two weeks after
Nepal proposes Customs pact with India to curb border trade offences
KATHMANDU : Nepal has proposed a Customs agreement with India that will enable exchange of information which could help in preventing and reducing customs related offences across the
Chittagong Port urges cargo recovery to ease operation
CHATTOGRAM : Chittagong Port Authority (CPA) continues to struggle with operational disruptions caused by significant influx of containers and cargo, it has issued an urgent appeal to businesses
ClassNK issues SOF for analysis of hull performance and operational profile for ship in service
TOKYO : ClassNK has issued a statement of fact (SOF) for the results of the hull performance analysis and operational profile analysis by Chugoku Marine Paints, Ltd. (CMP)
