Maersk files a lawsuit against Evergreen over Suez Canal grounding
COPENHAGEN : Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in
Govt of India considers vessels directly to Japan for saving time & cost
NEW DELHI : As higher freight cost is a major challenge for apparel exporters, the Government is considering the vessels directly to Japan so that time and cost
AISATS to develop India’s largest Multi-Modal Cargo Hub at Noida International Airport, Jewar, Utt
LUCKNOW : Air India SATS Airport Services Private Limited (AISATS), India’s leading airport services company has been selected by Yamuna International Airport Private Limited (YIAPL) to Design, Build,
Air India resumes its non-stop service between Mumbai and New York
NEW DELHI : Air India, India’s leading airline and a Star Alliance member, continues to expand its global reach with the resumption of its non-stop service between Mumbai and
HMM’s annual profits crosses US$7 billion
SEOUL : South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to US$7.8 billion.
MSC and Costamare agree to jointly fund $45m California oil spill settlement
GENEVA : Mediterranean Shipping Company (MSC) has confirmed it is part of $45m settlement for claims from October 2021 pipeline spill in California, although maintains full responsibility for
Four Asian shipping lines are reporting steep revenue declines
SINGAPORE : New operating results from four Asian shipping lines were released Friday, pointing to steep performance declines in the fourth quarter and ongoing market erosion in the
CII is unfair to all ships: Union of Greek Shipowners
PIRAEUS : Greek shipowners are calling for amendments to IMO’s Carbon Intensity Indicator (CII) led by the Union of Greek Shipowners (UGS) and Philippos Philis, President of ECSA.
PM inaugurates Uttar Pradesh Global Investors Summit 2023 in Lucknow
LUCKNOW : The Prime Minister, Shri Narendra Modi inaugurated the Uttar Pradesh Global Investors Summit 2023 in Lucknow. He also inaugurated the Global Trade Show and launched Invest
Huge commitments to invest in UP at Global Investors Summit has been due to the honest government an
LUCKNOW : There have been commitments to the tune of lakhs of crores to invest in Uttar Pradesh and this has been made possible due to the honest