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June 12, 2024

Modi 3.0: FM Sitharaman is all set to present seventh Budget in a row

Finance, Economy, Trade, Trending News
NEW DELHI : As the country’s Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman, 64, is set to become the first Finance Minister to present seven consecutive Budgets — six full and one interim and will
June 12, 2024

Giriraj Singh takes charge of Union Ministry of Textiles

Trade, Business, Economy, Trending News
NEW DELHI : Union Minister Shri Giriraj Singh officially took charge of the Ministry of Textiles, here. Former Union Minister of Textiles Shri Piyush Goyal handed over the charge to Shri Singh in the
June 12, 2024

88% of overall work of Vizhinjam seaport is complete ; trial run by June end

Maritime, Ports, Trending News
THIRUVANANTHAPURAM : Over 88% of the overall work related to the under-construction Vizhinjam International Seaport is over and the first trial run of the port’s operations can be conducted by June-end, the government informed
June 12, 2024

India to remain fastest growing big economy in 2024 : World Bank

Trade, Economy, Finance, Global Trade, Trending News
NEW YORK : India, despite a projected slowdown this year, will continue to be the world’s fastest-growing large economy, according to the World Bank‘s latest Global Economic Prospects report. The world’s most populous nation
June 12, 2024

Hapag-Lloyd sees prolonged Red Sea re-routings regardless of ceasefire

International Shipping, Maritime, Trending News
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas & Israel. The world’s fifth largest
June 12, 2024

MSC begins new Asia services

International Shipping, Shipping Line, Trending News
GENEVA : MSC announced the launch of its new service, Britannia, which will enhance port connections via a unique corridor from China and Vietnam to Liverpool, UK. This new loop offers access to the
June 12, 2024

Hapag-Lloyd launches new service linking Türkiye to the Red Sea

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has announced a new service connecting Western Türkiye with the Red Sea, which is expected to start in mid-June. From 15 June 2024, the German ocean carrier will introduce its new
June 12, 2024

CMA CGM launches the French Peak Service : An exceptional seasonal shipping line to meet high demand between Asia and Europe

International Shipping, Shipping Line, Trending News
MARSEILLE : CMA CGM Group announces the launch of the FRENCH PEAK SERVICE, an exceptional seasonal service to meet the sudden increase in maritime transport demand between Asia, Northern Europe, and the Mediterranean. Seven
June 12, 2024

APM Terminals Elizabeth advances $5M Electrification Pilot Project with $1.4M EPA Grant

International Shipping, Container Terminal, Global Trade, Ports, Trending News
NEW JERSEY : APM Terminals Elizabeth is proud to announce significant progress in its $5 million investment for its Electrification Pilot Project, made possible through a generous $1.4 million Diesel Emissions Reduction Act (DERA)
June 12, 2024

COSCO Shipping launches Mexico Express Service (WSA5)

International Shipping, Shipping Line, Trending News
SHANGHAI : COSCO SHIPPING has launched the Mexico Express Service (WSA5)! Offering 3,000-5,000 TEU slots per voyage, this service connects key Mexican Pacific ports like Ensenada, Manzanillo, and Lázaro Cárdenas with major Far East
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