Red Sea conflict sees Air cargo demand rise
PUTEAUX (FRANCE): Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics. The international transport and logistics
Stinne Taiger Ivø appointed Deputy Secretary General at BIMCO
LONDON : BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from 1 January 2024. Ivø joined BIMCO in early
From UK to Peru, every nation wants to sign FTA with India to gain access to growing market, says GT
NEW DELHI : India’s rapidly growing market and economy have made it a lucrative option for developed as well as developing countries for free-trade agreements (FTAs), and countries
Petronet to sign deal to extend Qatar LNG imports beyond 2028: Oil Secretary
NEW DELHI : India’s top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar
Schedule reliability continues to decline : Sea-Intelligence Report
COPENHAGEN : Global schedule reliability has declined by 2.5 month-over-month (MoM) in November 2023 to 61.9 per cent. According to Sea-Intelligence’s issue 148 of the Global Liner Performance
AD Ports to invest $200 million in new Red Sea port terminal
ABU DHABI : AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a new multi-purpose terminal at Safaga
Yemen’s Houthis say they ‘targeted’ container ship CMA CGM Tage, no damage reporte
NEW YORK : Yemen’s Iran-backed Houthis said on Wednesday they had “targeted” a container ship bound for Israel, a day after the US Central Command (CENTCOM) said the
Italian container line Kalypso files for bankruptcy amid ongoing conflict between Israel and Hamas
ROME : Italian startup container line Kalypso has filed for bankruptcy following a collapse in freight rates and the disruption of its services to Israel, reported Italian media.
PM inaugurates, dedicates to nation and lays foundation stone of multiple development projects worth
TIRUCHIRAPPALLI : Prime Minister, Shri Narendra Modi inaugurated, dedicated to the nation and laid the foundation stone of development projects worth more than Rs 20,000 crores in Tiruchirappalli,
Ministry of Ports, Shipping And Waterways Year-end review 2023
NEW DELHI : The Ministry of Ports, Shipping & Waterways has released Year-End Review 2023. MoPSW Major Achievements during 2023 Prime Minister launches the ‘Maritime Amrit Kaal Vision