November 4, 2024
March 25, 2026
November 4, 2024
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
TOKYO : Japan is planning to build an Automated Cargo Transport Corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers. The
November 4, 2024
Shanghai gears up to build digital, intelligent & green international shipping center
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are clustering at a faster pace in
November 4, 2024
Xeneta Shipping Index October 2024: Long term market turns a corner as rates fall
OSLO : The ocean container shipping market turned another corner in October as the Xeneta Shipping Index (XSI®) fell for the first time since June. The Global XSI®, which measures all valid long-term rates
November 4, 2024
Egypt reports $6B loss from Houthi attacks on commercial shipping
CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted severe economic losses on Egypt. In
November 4, 2024
Drewry’s World Container Index up 4% last Week
LONDON : Drewry’s World Container Index increased 4% to $3,213 per 40ft container this week. Drewry’s detailed assessment for Thursday, 31 October 2024
November 4, 2024
Baltic Index logs Fifth Weekly Loss on Weaker Rates across all Vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight weekly loss, weighed by weaker rates across vessel types. The index, which factors in rates for
November 2, 2024
DPA Kandla in a plan for new container terminal and multipurpose berth with ₹27,000 crore investment
GANDHIDHAM : To regain the ground ceded to Paradip Port last year, Kandla—one of the oldest major ports of India—is working on a long-term expansion plan to develop a new multipurpose berth and a new
November 2, 2024
Piyush Goyal concludes successful visit to Kingdom of Saudi Arabia, strengthening India-Saudi Arabia economic ties at the 8th Edition of Future Investment Initiative
RIYADH : Union Minister of Commerce and Industry, Shri Piyush Goyal, successfully concluded his visit to the Kingdom of Saudi Arabia. During the visit, Shri Piyush Goyal participated in the Plenary Session of the
November 2, 2024