Adani to deploy 400 BYD Electric Trucks at 4 Indian ports
AHMEDABAD : Chinese manufacturer BYD has kicked off the delivery of a batch of 304 electric trucks to India’s Adani Group. The BYD Q1R electric trucks are now
DP World forecasts further freight rate fall as demand slows
DAVOS (SWITZERLAND) : DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the
Container market set to be “drastically different” in 2023 : Lars Jensen
LONDON : The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container market
EXZOD to expand with new manufacturing plant in Hyderabad
MUMBAI : EXZOD India, a leading player in pallets manufacturing, sale, and AMC, will set up a manufacturing plant in Hyderabad with a vision to serve its clients
Yang Ming Marine Transport turns 50, sets target for net zero emissions by 2050
TAIWAN : On 28 December, Yang Ming Marine Transport held a celebration for its 50th anniversary at the Grand Hotel Taipei in Taiwan inviting notable guests such as
Röhlig Logistics appoints Robert Lawry as Managing Director for Röhlig UK
BREMEN : The owner-managed logistics company Röhlig Logistics has appointed Robert Lawry as Managing Director of its UK organisation, effective 1 January 2023. Robert Lawry looks back on
DP World to build new container terminal at Prince Rupert Port
DUBAI : ΑECOM, an infrastructure consulting firm, has been selected by DP World to perform a feasibility and design study for the construction of the Port of Prince
Pandu Port development gets new significance after a long delay of 25 years
KOLKATA : Prime Minister Shri Narendra Modi unveiled several initiatives on Friday 13 January, related to the country’s inland waterways, of which the most high profile was the
Indian diamond traders hit by Rupee risks amid Russia supply woes
NEW DELHI : In spite of the efforts made by Indian diamond traders to secure more uncut product from Russia and allay an export slump in the world’s biggest polishing hub are
Three cruise ships berth at Kochi Port
KOCHI : In what is being cited as a rarity, three cruise ships — The World, Artania and Le Champlain — called at the Kochi Port early on Tuesday morning, bringing a