Container cargo rollovers at major ports increase 75% in December
Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to
Shipping industry demands vaccine priority for seafarers amid renewed crew change struggles
The International Chamber of Shipping is leading calls for governments to put seafarers and frontline maritime shore workers at the head of the vaccine queue and to designate seafarers as keyworkers, to avoid a
DB Schenker appoints Niklas Wilmking as its Asia Pacific CEO
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global airfreight at DB Schenker’s head office,
Welspun One Logistics Parks launches India’s first warehousing AIF for domestic investors
MUMBAI: Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform backed by the USD 2.7 billion Welspun Group, announced the launch of its first Alternate Investment Fund (AIF) product “Welspun
India’s budget seen raising import duties by 5%-10% on dozens of items: Sources
NEW DELHI: India is considering hiking import duties by 5%- 10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three Government sources said according to Reuters. The
Global trade to recover faster from pandemic than 2008 financial crisis, survey shows
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a
Global trade to recover faster from pandemic than 2008 financial crisis, survey shows
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a
Privatisation force BPCL to halt work on ₹11,130-crore polyol plant in Kochi
The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is being done as BPCL prefers to wait for the