Ocean carriers are turning the heads of non-operating containership owners with “offers they can’t refuse” in their fervent buying spree. Oslo-headquartered MPC Container Ships announced last week it
CHARLESTON : Speaking on a panel at the South Atlantic International Trade Conference Maersk North America Regional Managing Director, Narin Phol discussed the nation’s current supply chain challenges and ways
SINGAPORE : The Port of Singapore was announced as the “Best Global Seaport” at the 2021 Asia Freight, Logistics and Supply Chain Awards (AFLAS) held in Hong Kong
SHANGHAI : China United Lines (CU Lines) has acquired its first in-service ship. The Chinese state-controlled liner operator had been operating liner services with chartered vessels, until it
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation
DUBAI : Dubai-headquartered logistics firm DP World has launched a new fintech platform covering trade, logistics and inventory finance, which aims to boost support to SME importers and
BENGALURU : DHL Express, opened India’s largest Express terminal in Bengaluru on Thursday. Spanning over 112,000 sq feet, it is over four times larger than the previous facility
: PARADIP : Asking authorities of the Paradip Port Trust (PPT) to explore the feasibility of using the port as a coal hub, Coal and Mines Minister Shri Pralhad Joshi Thursday directed officials to fully utilise
NEW DELHI : Determined to revive the industrial sector, the Centre has already announced a special industrial package worth Rs 28,000 crores for Jammu and Kashmir industries under
NEW DELHI : India’s handicraft exports during the first six months of the current fiscal stood at Rs 15,995.73 crore, the textiles ministry said on Thursday. This represents a