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News
Aramex Appoints Veena Bhogaonkar as Managing Director for India
1+ day, 1+ hour ago (136+ words) Global logistics provider Aramex has appointed Veena Bhogaonkar as Managing Director for India, a move that underscores the company’s commitment to strengthening leadership in one of its key markets while advancing women in senior roles. Who is Veena Bhogaonkar? What…...
Gujarat Floats EoIs for Three Greenfield Shipyards, Mega Shipbuilding Cluster and Six New Ports
1+ day, 1+ hour ago (327+ words) Gujarat has unveiled plans to develop three greenfield shipyards, an integrated mega shipbuilding cluster and six new ports along its coastline, marking one of India’s largest maritime infrastructure expansion programmes as the state moves to strengthen its position as the…...
US Tariffs Put Indian Textile Exporters at Disadvantage, Industry Body Warns
1+ day, 56+ min ago (126+ words) Indian textile and apparel exporters face a competitive disadvantage against Asian rivals following Washington’s new 10 percent tariff on Indian goods, an industry body said, warning that the move could shift sourcing orders away from India. What tariffs has the US…...
CMA CGM Raises FAK Rates, Introduces Peak Season Surcharge on Middle East and Red Sea Trades
1+ day, 1+ hour ago (284+ words) French shipping major CMA CGM is set to revise its Freight All Kinds rates and introduce a new Peak Season Surcharge on cargo moving from the Mediterranean and North Africa to the Middle East Gulf and Red Sea, effective August…...
Red Sea, Hormuz Crisis Disrupts India's Basmati Rice Trade, Nearly 0.5 Million Tonnes Stuck at Ports
2+ day, 3+ hour ago (270+ words) India’s basmati rice exports are facing mounting disruption as ongoing tensions along the Bab al-Mandab and the Strait of Hormuz choke off key shipping routes to the Middle East and Europe, leaving exporters under severe financial strain. How much basmati…...
Antara Cruises to Invest USD 52 Million in Brahmaputra River Fleet Expansion
2+ day, 3+ hour ago (136+ words) Antara Cruises has announced an investment of over Rs 500 crore, approximately USD 52 million, over the next five years to expand its river cruise fleet on the Brahmaputra and strengthen Assam’s position as a luxury cruise destination. Why is Antara Cruises…...
DP World Signs Agreement to Develop Two New Terminals in Fujairah
2+ day, 2+ hour ago (219+ words) Dubai-based port operator DP World has reached an agreement in principle with the Fujairah Ports Authority to develop two new terminals on the UAE’s east coast, strengthening its presence in an emirate that offers direct access to the Arabian Sea,…...
China Delivers First Domestically Built Pure-Electric Export Container Vessel
2+ day, 3+ hour ago (244+ words) China has delivered its first domestically built pure-electric inland container vessel for export, marking a milestone in the country’s green shipbuilding push. The 182-TEU vessel arrived at Rugao Port in Nantong, Jiangsu province, on Tuesday for final testing ahead of…...
Anurag Jain Appointed New CEO of NITI Aayog
2+ day, 2+ hour ago (116+ words) The Central government has appointed Anurag Jain, a 1989-batch IAS officer of the Madhya Pradesh cadre, as the new Chief Executive Officer of NITI Aayog, taking charge of India’s premier policy think tank for a tenure of two years. What…...
9,278 Containers Stranded at Chittagong Port Amid Prolonged Auction Delays
2+ day, 2+ hour ago (180+ words) Nearly 9,278 cargo-laden containers, worth several thousand crore taka, remain stranded at Chittagong Port, occupying up to a fifth of its storage capacity and worsening congestion at Bangladesh’s busiest seaport despite repeated efforts to clear the backlog through auction. How long…...