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October 28, 2024

Shanghai aims to be world’s top shipping, transportation center

Foreign Ports, Global Trade, International Shipping, Trending News
SHANGHAI : The Shanghai 2024 North Bund Forum was held from Tuesday to Thursday, offering an international, high-end and professional platform for the exchange of views and insights. Over 150 representatives from leading global
October 28, 2024

PSA India launches New Website

Maritime, Company, Container Terminal, Ports, Private Port, Trade, Trending News
MUMBAI : PSA India has launched new website which is designed to offer a streamlined experience, it brings the user closer to the latest logistics innovation, efficiency, and sustainability, according to a post on
October 28, 2024

Carbon emissions in ocean container shipping hits record high

International Shipping, Maritime, Shipping Line, Trending News
OSLO : The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains resulted in record high carbon emissions in Q3. The Xeneta and Marine
October 28, 2024

High freight rates strain global supply chains, threaten vulnerable economies : UNCTAD

Container, Export - Import, Global Trade, International Shipping, Logistics, Maritime, Shipping Line, Trending News
GENEVA : Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply chains and economies is intensifying, with
October 28, 2024

US, France, Armenia emerge as India’s top three defence export customers

EXPORT, Defence, Global Trade, Trending News
NEW DELHI : Amid a growing push to increase export of indigenous defence equipment, the US, France and Armenia have emerged as the top three customers for Indian military exports. “India is presently exporting military equipment to more
October 28, 2024

Panama Canal’s net income rose to $3.45 Billion despite drought

International Shipping, Maritime, Trending News
PANAMA CITY : The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the
October 28, 2024

Shanghai Port joins hands with Germany’s Port of Hamburg on building green shipping corridor

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
SHANGHAI : At the 2024 North Bund Forum held recently, China’s Shanghai Port and Germany’s Port of Hamburg vowed to work together on building a green shipping corridor, aiming to promote green transformation of
October 26, 2024

PM Modi to unveil projects worth over Rs 4800 crore on October 28 in Gujarat

Economy, Infrastructure, Transport, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will on October 28 inaugurate and lay foundation stones for development projects worth more than ₹4,800 crore in Amreli district of Gujarat, the state government said in
October 26, 2024

Mormugao Port Authority recognized globally as an incentive provider on the Environmental Ship Index (ESI) platform

Maritime, Ports, Trending News
NEW DELHI : Mormugao Port Authority has gained global recognition by being listed as an incentive provider on the Environment Ship Index (ESI) portal, acknowledged by the International Association of Ports and Harbours (IAPH).
October 26, 2024

Indian Railways get a boost as cabinet approves Rs 6,798 crore worth project for Andhra Pradesh and Bihar

Railway, Infrastructure, Trending News
AMRAVATI : The Union Cabinet greenlit two railway projects totaling Rs 6,798 crore on Thursday. These include a 57-km line to link Andhra Pradesh’s upcoming capital, Amravati and the expansion of a section in northern Bihar.
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