India allows export of 30,000 tonnes of Non-Basmati white rice to Tanzania
NEW DELHI : Indian government has permitted exports of 30,000 tonne of non-basmati white rice to Tanzania and 80,000 tonne of broken rice to Djibouti and Guinea Bissau.
CMA CGM, Shanghai International Port Group extend Terminal Stevedoring Agreement
SHANGHAI : French shipping company CMA CGM and the terminal operator Shanghai International Port Group (SIPG) jointly held a strategic Terminal Stevedoring Agreement (TSA) extension signing ceremony on
CMA CGM and Nike forge agreement for sustainable shipping solutions
MARSEILLE : Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly biofuel for
NYK Group establishes region heads worldwide
Promoting the NYK Group’s Regional Strategies TOKYO : On April 1, the NYK Group will establish the NYK Group region heads in Europe (London), the Americas (Secaucus), China
Hong Kong Air Cargo announces E-commerce route to Riyadh
HONG KONG : Hong Kong Air Cargo announced a new E-commerce route, enhancing connectivity between Hong Kong and Riyadh, Saudi Arabia. The latest addition includes two weekly all-cargo
UN : Applying the law of the sea to protect International Shipping
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all
Baltic Index climbs to 10-Week high on rising Vessel rates
LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains on last Thursday to hit an over two month peak, supported by rising rates across all
NorthStandard rounds off successful renewals with S&P ‘A’ rating award
TYNE : NorthStandard confirms S&P ‘A’ rating after strong first set of post-merger results. NorthStandard has followed up strong renewal results after the first year of operating as
BIMCO : Tanker Market strengthens despite slowing oil demand growth
LONDON : Supply/demand balance For crude tankers, we forecast that the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing
PM flagged off first crude oil tanker from the ONGC Krishna Godavari Deepwater Project in Begusarai,
BEGUSARAI : The Prime Minister, Shri Narendra Modi dedicated to the nation and laid the foundation stone for multiple oil and gas sector projects worth about Rs 1.48