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Logistics
China remains top merchandise exporter in 2023 for 7th straight year
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BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in!-->…
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Indian Railways’ DFC : 18-year mission on track
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NEW DELHI : Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the!-->…
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MoRTH plans at record ₹60,000 crore monetization in FY25
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NEW DELHI : The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record ₹60,000 crore from monetization in the current fiscal, two people aware!-->…
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17 Indians on ship “MSC Aries” seized by Iran off UAE coast amid tensions
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TEHRAN : Iran seized a cargo ship linked to Israeli businessman Eyal Ofer on Saturday amid growing concerns about a wider Middle East war. Indian authorities are now in!-->…
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A new solution proposed for drought-stricken Panama Canal goes around it
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PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama!-->…
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Automobile exports recover in Q4 riding robust two-wheeler shipments
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NEW DELHI : Exports of two-wheelers and three-wheelers, which account for nearly 85% of all automotive shipments from India in terms of volumes, showed clear signs of a!-->…
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Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade
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MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red Sea crisis on!-->…
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US container imports remain stable, with several potential global challenges to be seen
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NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs.
However, TEU volumes!-->…
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US Navy shot down Houthi missile attacked on Maersk ship
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WASHINGTON : United States forces have shot down an anti-ship ballistic missile that Houthi rebels allegedly fired at a Maersk ship in the Gulf of Aden.
The US-flagged!-->…
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Maersk employees innovate a system to deliver fresh water from Maersk’s vessels to Ports
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SALALAH : The pioneering project optimises an existing fresh water generation system onboard container vessels to further store and deliver it in tank containers to ports!-->…
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