Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters
India says situation in Red Sea ‘matter of concern’, closely monitoring : EAM
NEW DELHI : India on Thursday dubbed the security situation in the Red Sea as a “matter of concern”, adding that it is closely watching the developments in
Indian Navy’s destroyer responds to distress call from drone-hit merchant vessel in Gulf of Eden
NEW DELHI : Even as the U.S.-led coalition continued strikes on Houthi military targets in Yemen, meant to “degrade” their capabilities, the drone attacks on commercial shipping in
Cranes to be installed at Vizhinjam Port by April
THIRUVANANTHPURAM : As part of the efforts to begin trial operations for the Phase I of Vizhinjam International Seaport by April this year, the port authorities started the process of installing cranes to load, offload containers
Aerial Logistics Drone startup BonV Aero raises INR 6 Crore Round led by Inflection Point Ventures
BHUBANESHWAR : Aerial logistics drone startup BonV Aero has raised INR 6 Crore in a round led by Inflection Point Ventures (IPV). Funds will be primarily directed towards
Global recession is unlikely; India moving towards 4% inflation : RBI Governor Shaktikanta Das at WE
DAVOS : The global recession is unlikely to happen as the inherent resilience of individual economies has withstood the pressures much better, said RBI Governor Shaktikanta Das on
Maersk CEO sees Red Sea Shipping disruption lasting ‘at least a few months’
DAVOS : Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months. Maersk
Shippers welcome the Gemini Alliance
FLORIDA : The new Gemini Cooperation Alliance of Maersk and Hapag-Lloyd is seen as positive news by shippers and analysts as the two lines set out their ambitions
Hapag-Lloyd’s departure shakes-up THE Alliance
HAMBURG : Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation in February 2025. Maersk
EDFC is ready to transform the landscape of freight transportation!
NEW DELHI : The Eastern Dedicated Freight Corridor (EDFC) is all set to transform the landscape of freight transportation in the country. A successful trial on the New