March 19, 2026
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June 3, 2024

New air cargo route inaugurated between China and Pakistan

Air cargo, AIR LOGISTICS, Global Trade, Trending News
KARACHI : A new air cargo route has been launched between Pakistan and China to further enhance trade ties between the two all-weather allies, ahead of Prime Minister Shehbaz Sharif’s visit to Beijing next
June 3, 2024

Investors’ changing preferences for new ships

International Shipping, Maritime, Ship Building, Shipping, Shipping Line, Trending News
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles. Some further shifts, perhaps equally striking, can be expected over the years ahead. Collective
June 3, 2024

Drewry: World Container Index up 151% on a Yearly Basis

Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
June 3, 2024

Baltic Index logs monthly rise on strong Capesize demand

International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, marking a monthly gain, supported by increasing demand for the capesize vessel segment. The
June 1, 2024

Adani Ports signs 30-year concession to operate Container Terminal 2 at Dar es Salaam Port

Ports, Container Terminal, Foreign Ports, Maritime, Trending News
AHMEDABAD/ABU DHABI : Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to
June 1, 2024

Mahindra Logistics to form JV with Japan’s Seino Holdings

Logistics, Trade, Transport, Trending News, Warehousing
MUMBAI : Mahindra Logistics Ltd. has agreed to form a joint venture with Japan’s Seino Holdings Co. to address warehousing and trucking needs of Japanese auto firms operating in India. The joint venture, an
June 1, 2024

Govt of India’s Harit Sagar Guidelines leading the way for focussed efforts in Green Transitions in of the Indian Maritime : Experts at CII Conference

Maritime, Economy, Ports, Trade, Trending News
MUMBAI : Capt. Praveen S. Khara, Chief Port Officer of the Maharashtra Maritime Board, emphasized the government’s active promotion of the Harit Sagar guidelines at the Harit Sagar Conference 2024 organized by CII under
June 1, 2024

GTI receives fresh water produced by Maersk Vessel

Terminals, Maritime, Ports, Shipping, Trending News
MUMBAI : Gateway Terminals India Pvt. Ltd. is happy to support Maersk Line’s latest sustainability drive related to production and landing of fresh water onboard ocean-going vessels. Cargo ships undertaking global trade are equipped
June 1, 2024

Cochin Shipyard arm bags ‘notable’ order from Adani Group Company to construct three ASD Tugs

Maritime, Company, Ports, Ship Building, Shipyards, Trade, Trending News
KOCHI : Cochin Shipyard Ltd. on Friday, May 31, said its wholly-owned subsidiary Udupi Cochin Shipyard (UCSL) has bagged a ‘notable’ order from an Adani Harbor Services Ltd. Company — Ocean Sparkle Ltd (OSL)
June 1, 2024

Snowman Logistics Reports Exceptional Year: Reports Revenue of INR 503.37 Crores and EBITDA of INR 108.32 Crores

Logistics, Company, Trade, Trending News
MUMBAI : During the quarter ended March 31, 2024, Snowman Logistics Ltd recorded revenue of INR 126.54 Crores as against INR 112.35 Crores for the same period in the previous year. EBITDA increased to
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