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
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
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
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.
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
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
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
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
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