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October 7, 2024

Impact of Iran-Israel conflict on Basmati Rice exports

EXPORT, Maritime, Trending News
NEW DELHI :  In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati 1509 rice variety has decreased by ₹ 200 to ₹ 300 per quintal in the last two days because the
October 7, 2024

U.S. warships and aircraft strike over a dozen Houthi targets in Yemen

International Shipping, Global Trade, Maritime, Navy, Trending News
YEMEN : The U.S. Military on Friday struck over a dozen Houthi targets in Yemen using both aircraft and warships, U.S. officials told CBS News.  The strikes, according to a statement from the U.S. Central Command,
October 7, 2024

MEPC 82 advances net-zero framework for shipping : IMO

Maritime, International Shipping, Trending News
LONDON : The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is making strides towards reducing greenhouse gas (GHG) emissions in the shipping industry. The 82nd session of MEPC, held last week at
October 7, 2024

DP World welcomes ‘APL Fullerton’, largest vessel to ever visit South America’s West Coast

International Shipping, Foreign Ports, Private Port, Shipping Line, Trending News
PERU : DP World, a global leader in logistics and supply chain solutions, celebrated the arrival of the APL Fullerton, the largest vessel to ever visit South America’s West Coast. The ship’s arrival at
October 7, 2024

Jebel Ali Port to become a Marine Heaven with sustainable living Seawalls initiative

International Shipping, Foreign Ports, Maritime, Trending News
DUBAI : DP World is set to enhance marine life at Jebel Ali Port in Dubai through a new partnership with Living Seawalls, introducing innovative marine panels designed to mimic natural habitats to help return
October 7, 2024

Baltic index logs weekly fall as capesize dips

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index fell on Friday, marking its first weekly decline in three, as the capesize segment dipped. The overall index, which factors in rates for capesize, panamax
October 7, 2024

World Container Index Down 5% Last Week: Drewry

International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 5% to $3,489 per 40ft container last week. Drewry’s detailed assessment for Thursday, 3 October 2024
October 5, 2024

PM Modi calls urgent top-level security meet on widening West Asia Crisis

Trade, Economy, Global Trade, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi called an urgent meeting of the government’s topmost decision-making body – the Cabinet Committee on Security over the crisis in West Asia. The committee comprising the
October 5, 2024

FFFAI concludes 61st AGM in New Delhi: Open House with Top Government Officials and Industry Leaders

Logistics, Associationn, Trade, Trending News
NEW DELHI : The Federation of Freight Forwarders’ Associations in India (FFFAI) successfully concluded its 61st Annual General Meeting (AGM) on September 30, 2024, at Ashoka Hotel, New Delhi. The event brought together a
October 5, 2024

Jawaharlal Nehru Port posts 16.49 pc growth in container traffic at 596,790 TEUs in Sep

Ports, Shipping, Trending News
MUMBAI : The Jawaharlal Nehru Port on Friday said it has posted a 16.49 per cent growth in container traffic at 596,790 TEUs (twenty-foot equivalent units) in September over the corresponding month of the
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