March 3, 2025
May 23, 2026
March 3, 2025
HHI eyes shipyard expansion in India
THOOTHUKUDI : South Korea’s HD Hyundai Heavy Industries (HHI) is exploring the idea of setting up a shipyard in India. This move is aimed at catering to the growing local demand for shipbuilding services. A recent
March 3, 2025
CMA CGM reports solid performance supported by the Group’s shipping investment strategy
MARSEILLE : CMA CGM reports solid performance supported by the Group’s shipping investment strategy. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:
March 3, 2025
Ganga Water Treaty: 11-member Bangladesh team travel to India for Joint Committee Meeting
DHAKA : An 11-member Bangladeshi delegation will travel to India on Monday for a meeting regarding the Ganga Water Treaty, which is due for renewal in 2026. India and Bangladesh are set to hold
March 3, 2025
Surge in freight train operations during Maha Kumbh 2025 : EDFC traffic more than doubles
NEW DELHI : Freight train operations during Maha Kumbh 2025 saw more than a twofold increase compared to the 2013 and 2019 Kumbh Melas, reflecting a substantial rise in activity. An official statement highlighted
March 3, 2025
US port fees on China vessels would affect all shipping firms, CMA CGM says
MARSEILLE : U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based
March 3, 2025
US fees on China-based ships to cause unintended consequences – Analyst
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply chains, according to shipping analysts. Peter
March 3, 2025
Drewry’s Intra-Asia Container Index down 8%
LONDON : Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 8% in the fortnight to 28 Feb 25 to $615 per 40ft container. Intra-Asia Container Index assessment
March 1, 2025
India-EU FTA by this year end : PM Modi
NEW DELHI : Prime Minister Shri Narendra Modi on Friday announced that the India-EU Free Trade Agreement will be reached by the end of 2025. “We have had sincere and meaningful discussions, yesterday on
March 1, 2025