Walmart shifts to India and cuts China imports
TORONTO : Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply
Arsenio Dominguez Velasco confirmed as next IMO Secretary-General
LONDON : IMO Assembly approves decision of Council to appoint Mr. Dominguez Velasco as Secretary-General with effect from 1 January 2024 Mr. Arsenio Antonio Dominguez Velasco has been
Global economy will slow down next year : OECD
WASHINGTON : The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest
India’s Infra output growth quickens to 12.1 % in October
NEW DELHI : India’s eight key Infrastructure sectors exhibited a growth of 12.1 per cent on an annual basis in October after growing at 9.2 per cent in
Indian Solar Exports Surge by 246% YoY in Q3 2023
NEW DELHI : Solar cell and module exports from India surged 246% to $543.8 million (~₹45.5 billion) in the third quarter (Q3) of 2023 from $157 million (~₹12.5
Maersk reaches settlement over ship that blocked the Suez Canal
COPENHAGEN : A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez Canal in 2021, forcing shipping lines to delay or
SeaLead introduces new direct service connecting major Red Sea Ports
SINGAPORE : SeaLead has announced a new direct shipping service along the Red Sea, connecting major ports in Saudi Arabia, Yemen, and Djibouti. This new service aims to
Bolloré Logistics Singapore received ESG Special Award for FG Recycling Program at Supply Chain Asi
SINGAPORE : In November, Bolloré Logistics Singapore was conferred an ESG Special award at the Supply Chain Asia Awards 2023 for its efforts in sustainable development and its
JSW Infra signs pact with Karnataka for Rs 4,119 Crore Keni Port Project
MUMBAI : JSW Infrastructure on Wednesday said it has signed an agreement with the Karnataka Government to develop a Rs 4,119 crore greenfield port project in the southern
Hosur to get multimodal cargo terminal : Union Railway Minister Ashwini Vaishnaw
BENGALURU : Union Minister for Railways Shri Ashwini Vaishnaw announced plans for a multi-modal cargo terminal in the Hosur region to enhance logistical support for industries. Speaking to