NEW DELHI : India slipped to become the world’s sixth-largest economy in 2025, dropping one rank from the previous year, according to the latest International Monetary Fund data, even as the country continued to
WASHINGTON : No ships made it past the blockade of the Strait of Hormuz, with six turning back on orders of the US military, officials claimed Tuesday. US Central Command said that more than
BEIJING : China has told Danish shipping group Maersk (MAERSK), and Switzerland-based Mediterranean Shipping Company (MSC ) to cease operating ports on the Panama Canal, the Financial Times reported on Wednesday. In a meeting
JIAXING : The world’s largest and China’s first 10,000-ton pure electric intelligent container vessel, the Ningyuan Diankun, set sail on Wednesday from the Ningbo-Zhoushan Port bound for the Zhapu Port area in Jiaxing, marking
SAO PAULO, BRAZIL : A.P. Moller – Maersk announced new investments in two strategic inland facilities in Rio Grande (RS) and Paranaguá (PR), expanding its logistics network in Southern Brazil. The developments support growing
LONDON: Smart Freight Centre (SFC) and the British International Freight Association (BIFA) have announced a new partnership to provide technical expertise to BIFA members to support them in managing complex emissions reporting. Through the
SPAIN : TKMS AG & Co. KGaA (TKMS), one of the world’s leading providers of maritime defense solutions including conventional submarines, naval ships and innovative electronics solutions, and Spanish company Navantia S.A., SME (Navantia),
VASTERAS (SWEDEN): Leading US-based container terminal operator TraPac has selected ABB and crane builder Kuenz, headquartered in Austria, to deliver nine new rail-mounted stacking cranes as part of a major expansion of its Los
LONDON: FIS, a leading freight and commodity brokerage, has announced some key hires in Singapore, expanding its coverage of fuel oil products at a crucial moment for global oil markets. FIS is pleased to
NEW DELHI : The Prime Minister, Shri Narendra Modi received a call from US President Donald Trump.The two leaders reviewed the substantial progress achieved in bilateral cooperation across various sectors and expressed commitment to