Global consulting firm EY has proposed a four-pronged strategy to empower India’s logistics sector: adopt advanced technology and explore new business models; accelerate infrastructure development; focus on sustainable logistics; and attract investment and investor...

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Salalah Port ranks as the second most efficient container port in the Middle East, according to the ‘Global Market Intelligence Container Port Performance Index’ by World Bank and S&P. The Index shows ports in the Middle East and East Asia...

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GAIL (India) has issued a swap tender offering one liquefied natural gas (LNG) cargo for loading in the United States in exchange for another cargo for delivery to India, according to sources. India’s largest gas distributor is seeking the cargo for delivery on a...

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Adani Ports and SEZ (APSEZ) announced last week that it has acquired the distressed Karaikal port in Puducherry for ₹1,485 crore, strengthening its position in the East coast in the process. It increased Adani’s portfolio to 14 ports across India. The Chennai Bench of...

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COPENHAGEN : Container shipping heavyweight Maersk has achieved a major milestone in its efforts to reduce carbon emissions with the successful launching of its first methanol-powered feeder vessel at the Hyundai Mipo Dockyard. “The launching was...

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Apr 16 UPDATE:Tanker was located on Apr 14 or 15, reportedly 65 nm SE of Abijan, Ivory Coast, and was taken to Abijan same day. All 20 crew are safe, no kidnappings. Tanker was loaded with unspecified oil product, the main and only aim of hijack, as it came out. Cargo...

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