June 13, 2024
March 20, 2026
June 13, 2024
Shipping Corp strategic sale may proceed without further delay
MUMBAI : The strategic sale of Shipping Corporation of India Ltd. (SCI) is likely to finally take off with no further delay now that it has got the approval on stamp duty waiver from Maharashtra
June 13, 2024
Safess Quality Management and AITG Sign MoU for Technical Collaboration in EPC Projects
MUMBAI : Safess Quality Management Pvt Ltd, (Safess) a wholly owned subsidiary of IRClass Systems & Solutions Pvt Ltd (ISSPL), and Applied Innovation and Technology Group (AITG), represented by Marathwada Auto Compo Private Limited and Preci
June 13, 2024
Ocean freight rates record higher levels in Red Sea crisis
MUMBAI : Ocean freight rates are heading to record high levels with global events like the Red Sea crisis; port congestion especially in the Middle East and Asia regions; container repositioning imbalance – with
June 13, 2024
DEE Development Services expects New Gujarat Facility to lower logistic costs
KUTCH : DEE Development Services Ltd., which is set to open its public offering next Wednesday, will see its logistic costs ease as its New Gujarat Facility, which is near the port, commences operations,
June 13, 2024
Indian Govt restricts gold jewellery imports from all countries except UAE
NEW DELHI : The import of gold in the form of jewellery has been restricted from all countries barring the United Arab Emirates (UAE), as per a notification issued by Director General of Foreign
June 13, 2024
MSC reinstates Mustang Service between Asia to USWC
GENEVA : MSC is pleased to announce the reinstatement of its Mustang service as of week 28 for departure in Asia. The Mustang service will provide increased capacity and faster transit times between the
June 13, 2024
Saudi Global Ports celebrates 10 million TEUs milestone
RIYADH : Saudi Global Ports (SGP), a member of the PSA Group, recently crossed its 10 millionth TEU milestone in May since the start of its commercial operations in 2015. To commemorate this milestone,
June 13, 2024
Newbuilding prices climb 3% to highest level in 16 years : BIMCO
LONDON : “Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%. During the
June 13, 2024