International

Evergreen Cargo Ship Loses 50 Containers Off Peru โ€” Over 500,000 iPhone 17 Units Reportedly Lost


Reports from early to mid-October 2025 indicate that an Evergreen-operated cargo ship lost around 50 containers off the coast of Peru. Among the lost cargo were reportedly over 500,000 iPhone 17 units, sparking major concerns over global supply chain disruptions and potential black-market recoveries. Authorities and the shipping company are investigating the cause of the loss.

Business

NDR InvIT Inaugurates 2.35 Lakh Sq. Ft. Logistics Facility in Goa, Expands Regional Footprint


NDR InvIT Trust has inaugurated a 2.35 lakh sq. ft. warehousing facility at NDR Varama Sir on Verna Airport Road, Goa. The space has been handed over to a leading quick-commerce company (~1.06 lakh sq. ft.) and a third-party logistics (3PL) firm handling FMCD products (~1.24 lakh sq. ft.). With this addition, NDR InvIT now operates ~11 lakh sq. ft. in Goa, reinforcing its position as the stateโ€™s largest industrial and warehousing space provider.