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June 4, 2024

Adani Ports record 35.8 MMT of cargo volumes in May’24

Ports, Private Port, Shipping, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), an arm of Adani Group, handled 35.8 MMT of cargo volumes in the month of May, which is almost flat considering year-on-year (YoY) growth. The
June 4, 2024

TMS Tanker Conference 2024 to focus on sustainable shipping

Tanker, International Shipping, Maritime, Trade, Trending News
DUBAI : The Maritime Standard is pleased to confirm that the ninth annual The Maritime Standard Tanker Conference will take place on Thursday 7th November 2024. The conference will, like last year, be held
June 4, 2024

Central Railway’s Nagpur Division achieves Rs 472 Crore freight earnings in May, marking a 1.3% increase from last year

Logistics, Railway, Trade, Trending News
NAGPUR : The Central Railway in a statement announced that the Nagpur Division of Central Railway achieved freight earnings of Rs 472.03 crore in May by loading 1,142 rakes. This reflects a 1.3 per
June 4, 2024

India receives highest FDI from Singapore in 2023-24

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties,
June 4, 2024

Petroleum products exports up 3.3% in May

EXPORT, Fuel, Trade, Trending News
NEW DELHI : After registering a drop of over 11% in April, India’s export of refined oil products regained momentum and rose marginally last month as the demand increased. The country exported 1.24 million
June 4, 2024

Singapore reopens disused container terminals to alleviate bottlenecks

International Shipping, Foreign Ports, Trending News
SINGAPORE : The Maritime and Port Authority of Singapore (MPA) said on 30 May that operations at shuttered container terminals in the city-state’s downtown have been temporarily resumed to ease the backlog of ships
June 4, 2024

Maersk faces significant port congestion in Asia and Mediterranean

International Shipping, Global Trade, Ports, Shipping Line, Trade, Trending News
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on Monday. As a result of that
June 4, 2024

Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) at M/s L&T Shipyard

Ship Building, Defence, Maritime, Navy, Ship Repair, Shipping, Shipyards, Trending News
KATTUPALLI : Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) was held at M/s L&T Shipyard, Kattupalli on 03 Jun 24. The ceremony was presided over by RAdm Sandeep Mehta, Assistant
June 4, 2024

DHL Express adds innovative feature on AI-powered platform to help businesses access new markets

Logistics, Technology, Transport, Trending News, Warehousing
SINGAPORE : DHL Express, the world’s leading international express service provider, has further enhanced its AI-powered platform, “My Global Trade Services” (MyGTS), with a new “trade lane comparison” feature. This feature enables businesses of
June 4, 2024

Korea’s exports at 22-month high in May on chips, cars

EXPORT, Global Trade, Trending News
SEOUL : South Korea’s exports hit a 22-month high in May led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overseas sales are expected to lead a recovery in Asia’s
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