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June 17, 2024

Dry Bulk Market move higher last week, but Capesizes lost ground

International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON : Dry Bulk Market move higher last week, but Capesizes lost ground, according to latest report released by Baltic Exchange. Capesize The Capesize’s had a slow start due to holidays in Asia, leading
June 17, 2024

Bridging East & West, Russia’s Buddy Kazakhstan key player to boost Global Trade via ‘Middle Corridor’

International Shipping, Foreign Ports, Global Trade, Logistics, Transport, Trending News
The European Union and Kazakhstan have been partners since the implosion of the Soviet Union in 1991. The two sides signed an Enhancement Partnership and Cooperation Agreement (EPCA) in 2015, which cemented their bilateral
June 17, 2024

US Naval forces rescue crew from Greek-owned ship struck by Houthis in Red Sea

International Shipping, Defence, Maritime, Shipping Line, Trade, Trending News
WASHINGTON D.C. : The U.S. Naval Forces Central Command (NAVCENT) said on Sunday that it had rescued the crew from the Liberian-flagged, Greek-owned bulk carrier MV Tutor that was attacked by Yemen’s Iran-aligned Houthis
June 17, 2024

Crew abandons after a cargo ship bulk carrier M/V Verbena on fire in Gulf of Aden: US

International Shipping, Maritime, Trending News
SANA : The US Military said on Saturday that the crew of a bulk cargo carrier that sustained damage following a missile attack by Yemen’s Houthi rebels in the Gulf of Aden has abandoned
June 15, 2024

PM Modi meets with World Leaders on the sidelines of the G7 Summit

Trade, Associationn, Business, COMMERCE, Economy, Finance, Global Trade, Trending News
APULIA : Prime Minister Shri Narendra Modi met with the World leaders on the sidelines of the G7 Summit here in Italy. Italian Prime Minister Ms. Giorgia Meloni welcomed Prime Minister Shri Narendra Modi
June 15, 2024

Prime Minister participates in the Outreach session on Artificial Intelligence, Energy Africa and the Mediterranean at the G7 Summit

Trade, Associationn, Business, Global Trade, Trending News
APULIA : Prime Minister Shri Narendra Modi addressed the Outreach Session on Artificial Intelligence, Energy, Africa and the Mediterranean at the G7 Summit here in Italy. He congratulated the Group on its 50th anniversary
June 15, 2024

Adani Ports strengthens ESG Leadership, gains ‘A’ rating for emission reduction-global recognition for climate initiatives

Trending News, Infrastructure, Maritime, Ports, Private Port, Trade
AHMEDABAD : The Adani Ports and Special Economic Zone (APSEZ) has been recognized by Carbon Disclosure Project (CDP), a global non-profit, for its exceptional efforts in tackling climate change and implementing best practices across
June 15, 2024

ECU Worldwide of Allcargo Logistics, partners with ShipBob for freight services

Logistics, Company, Global Trade, Trade, Trending News
MUMBAI : ECU Worldwide, a wholly-owned global subsidiary of Allcargo Logistics, on Thursday said it has partnered with ShipBob to offer its ocean and air freight services to the latter’s receiving hubs and fulfilment
June 15, 2024

SCI set to open subsidiary in IFSC, GIFT City

Shipping, Economy, Finance, Shipping Line, Trade, Trending News
MUMBAI : Shipping Corporation of India (SCI) is set to open a wholly-owned subsidiary in IFSC, Gift City, in Gandhinagar, Gujarat. It has received a nod from Niti Aayog and the Ministry of Ports,
June 15, 2024

India to remain fastest growing Asia-Pacific Economy : Moody’s

Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Fuelled by domestic demand growth, India is expected to remain the region’s fastest-growing economy in the Asia-Pacific region in the second half of the year 2024, said credit rating agency Moody’s
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