May 25, 2024
March 19, 2026
May 25, 2024
Red Sea crisis: Container shortage & soaring shipping costs drive up cost of white goods
KIEL (GERMANY) : The ongoing conflict in West Asia, particularly in the Red Sea region has severely impacted global shipping, causing a significant increase in sea freight costs and disrupting the supply chains for
May 25, 2024
Global spot rates soar on Major Asia-Europe and Asia-US trades
LONDON : A combination of factors have combined to send global spot rates reaching for the skies onthe major trades out of Asia to Europe and the US according to Drewry Shipping Consultants’ latest
May 25, 2024
Share of passenger vehicle output geared for export at 10-year low in 2023
NEW DELHI : The share of Passenger Vehicle (PV) exports relative to total production in India reached its lowest in a decade in 2023, notwithstanding the government’s ambitions to transform the country into a
May 25, 2024
UK’s National Grid seeks buyer for Europe’s biggest LNG terminal
KENT : British energy infrastructure operator National Grid (NG.L), opens new tab said on Thursday it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe’s largest such facility, in a bid
May 25, 2024
NatPower Marine and Peel Ports Group to launch first UK-Ireland Green Shipping Corridors
LONDON : Peel Ports Group, the UK’s second-largest port operator, has unveiled plans to create the nation’s first green shipping corridors to Ireland. The inaugural routes will connect Belfast to Heysham in Lancashire and
May 25, 2024
GEODIS wins Best Cargo Transportation Company Award at LogiSYM Awards 2024
SINGAPORE : Leading global logistics service provider GEODIS, received the Best Cargo Transportation Company Award at LogiSYM Awards, held in Singapore. The award, Best Cargo Transportation Company, recognises GEODIS’ expertise in the supply chain
May 25, 2024
Port of Melbourne container throughput thrives in April
MELBOURNE : The Port of Melbourne has revealed its April trade numbers, which show a significant year-on-year (YoY) increase in container throughput, totalling 270,000 TEU. Full container import volumes (excluding Bass Strait) increased in
May 24, 2024
JSW Infra signs MoU with APMC
MUMBAI : JSW Infrastructure and A.P. MØLLER CAPITAL, (APMC) have signed a non-binding Memorandum of Understanding (MOU) to explore and evaluate the possibility of collaborating and cooperating with each other to inter alia pursue
May 24, 2024