October 24, 2024
March 24, 2026
October 24, 2024
Govt lifts ban on non-basmati white rice exports, removes floor price
NEW DELHI : The Union government on October 23 removed the minimum export price (MEP) of $490 per tonne on overseas shipments of non-basmati white rice, a move expected to promote shipments of the commodity.
October 24, 2024
SeaLead launches new MGX Service connecting Jebel Ali with the Mediterranean via Suez
SINGAPORE : SeaLead, a fast-growing global shipping line, has announced the launch of its new direct liner service, the Mediterranean Gulf Express (MGX). This new service will enhance connectivity between the Middle East and
October 24, 2024
Air cargo volume flies up at Singapore
SINGAPORE : Singapore Changi Airport handled 512,000 tonnes of airfreight in the third quarter of 2024 (July to September), up 13.5% on the same period last year. Growth was seen across all cargo flows
October 24, 2024
UNCTAD report reveals shipping costs burden developing countries disproportionately
WASHINGTON : The United Nations Conference on Trade and Development (UNCTAD) has published its latest annual report, Review of Maritime Transport 2024, which sheds light on the significant challenges poorer nations face in meeting their
October 24, 2024
New Leadership Team elected at INTERCARGO
LONDON : INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect from 1 January 2025. In recognition of
October 24, 2024
New horizons for sustainable energy: first signatures open the door to innovation in Klaipėda Port
KLAIPEDA: Some of the most important signatures have been put on the first project for green hydrogen production and refueling stations in Klaipėda and the country. Klaipėda Port Authority has signed a contract with
October 24, 2024
Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could
October 23, 2024
India to be World’s 3rd Largest Economy by 2027: FM Sitharamam
NEW YORK : Finance Minister Smt. Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world’s third-largest economy by 2027. India currently is the
October 23, 2024