March 28, 2026
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January 25, 2025

Rupee depreciation: A complex challenge, not a simple export boost – FIEO President

EXPORT, Business, Economy, Finance, Trade, Trending News
NEW DELHI : The President of FIEO, Mr Ashwani Kumar, stated that the recent depreciation of the Indian Rupee against the US Dollar represents a complex economic scenario with mixed outcomes. While it is
January 25, 2025

2021 Suez Canal blockage resulted in $89 million loss to Maersk Line

International Shipping, Trending News
The blockage of the Suez Canal in 2021 caused a loss of nearly $89 million to the shipping company Maersk Line, a new study has estimated. The container ship Ever Given ran aground in the Suez
January 25, 2025

Exports of China’s used cars soar amid rising Central Asia Demand

EXPORT, Business, Economy, Finance, Global Trade, Trade, Trending News
SHANGHAI : China’s used car exports are experiencing significant growth, with Central Asia emerging as a key destination market. The Khorgos Gateway, the world’s largest dry port linking northwest China to Kazakhstan, has become
January 25, 2025

Dynamic Group of Companies joins Green Award as an Incentive Provider

Maritime, Ship Repair, Shipmanagement, Shipping Line, Trade, Trending News
ATHENS : Dynamic Group of Companies, a pioneer in repair and maintenance services for maritime and heavy industries, is excited to announce its partnership with the Green Award Foundation as an official incentive provider.
January 25, 2025

Polar Maritime Seminar highlights safety and sustainability in polar shipping : IMO

Maritime, International Shipping, Trending News
LONDON : The 2025 Polar Maritime Seminar, co-hosted by the International Maritime Organization (IMO) and Norway’s Chairship of the Arctic Council, in cooperation with the Arctic Council’s Working Group on the Protection of the Arctic
January 25, 2025

Drewry: World Container Index down 11%

Trade, Container, International Shipping, Shipping Line, Trending News
LONDON : Drewry’s World Container Index decreased 11% to $3,445 per 40ft container this week. Drewry’s detailed assessment for Thursday, 23 January 2025
January 25, 2025

Baltic Index logs third weekly loss on weaker rates across vessel segments

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly loss, weighed down by weaker rates
January 24, 2025

Shipping Secretary alongwith DPA Chairman visited Alang Ship Recycling Yard, Gujarat

Ports, Global Trade, Ship Building, Ship Recycling, Trending News
BHAVNAGAR : Shri T.K. Ramachandran, IAS, Secretary, Ministry of Ports, Shipping & Waterways, had an insightful visit at the Alang Ship Recycling Yard, Gujarat, accompanied by Shri Sushil Kumar Singh, IRSME, Chairman, DPA.
January 24, 2025

PM Gati Shakti : Rs 11.17 lakh crore mega push with 434 projects to transform India’s logistics

Logistics, Economy, Finance, Infrastructure, Trade, Trending News
NEW DELHI : In a push to strengthen India’s logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under the PM Gati Shakti initiative. Ministry of Finance posted on X, “With 434 projects identified under the
January 24, 2025

HMM signs MOU for Vadhvan Port development cooperation in India

Ports, Shipping Line, Trade, Trending News
MUMBAI : HMM has signed a Memorandum of Understanding (MOU) with the Jawaharlal Nehru Port Authority (JNPA) to collaborate on developing Vadhvan Port in India. Under the MOU, HMM will support the development and
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