Sustainable shipping initiative EcoClipper announces first local agent for the Asia-Pacific region
ALKMAAR : EcoClipper has partnered with Wachter Oriental, trade facilitators and merchants, to represent the sail cargo company in India and the South Pacific. Wachter Oriental will become the first local agent to act
Digital container release with a blockchain option for German Ports
A new platform called “German Ports” will offer digital release for import containers with a blockchain option. German IT providers and port community system specialists DAKOSY AG and dbh Logistics IT AG have announced
Indian exporters boxed in by container crunch as rates rise to $7,000-10,000 in a fortnight
NEW DELHI : Indian exporters throughout merchandise — from attire and agricultural commodities to client electronics and furnishings — are looking at a hunch in exports due to a worldwide scarcity of containers, and a resultant bounce
Discussions on FTAs with several countries progressing fast: Piyush Goyal
NEW DELHI : Highlighting the role that traders play, Commerce Minister Shri Piyush Goyal said that they are “the twin pistons powering the economic growth engine of the nation”. India is fast progressing in
Shortages push Freight Rates to New High
LONDON : Global shipping costs have soared to record highs after an August price surge fuelled by the scramble by firms to combat severe supply shortages as port and factory shutdowns bite. Trade experts
COSCO SHIPPING Ports announces 2021 Interim Results capturing Strategic Development Opportunities, Continuing to Enhance Lean Operations
SHANGHAI : COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced the interim results of the Company and its subsidiaries (the “Group”) for the 6 months ended 30 June 2021. 2021 Interim Results
China notifies new rules to regulate foreign ships in its waters
SHANGHAI : The new rules are expected to increase tensions if China strictly enforces them in the South China Sea and the Taiwan straits where the US and its allies have been conducting naval
ATMA requested government to remove port restrictions, lower duty on rubber imports
NEW DELHI : Rajiv Budhraja of ATMA said it is a double whammy for tyre manufacturers as domestically available rubber is high priced and in short supply, while dependence on import continues to increase