North America’s biggest container port faces record backlog
NEW YORK : Approximately 200,000 shipping containers remain on ships off the coast of Los Angeles as pandemic-related gridlock continues to disrupt various supply chains, according to Gene
LNG shipping rates more than double in 2 weeks as power crisis drives demand
SINGAPORE : Tanker rates to ship liquefied natural gas (LNG) have more than doubled since the start of the month as a power crisis in Asia and Europe
How Maersk is reinventing itself through startup investments
COPENHAGEN : Shipping has never been in the spotlight like this, says Shereen Zarkani, Head of Maersk Growth. “In the past, you know, it never got all this
Shri Sarbananda Sonowal lays Foundation Stone for various capacity augmentation projects at Deendaya
GANDHIDHAM : Union Minister for Ports, Shipping & Waterways and AYUSH Shri Sarbananda Sonowal laid the Foundation Stone for various capacity augmentation projects at Deendayal Port on Tuesday,
Government testing blockchain technology to streamline logistics industry
NEW DELHI : In a move towards promoting secure paperless trade, CBIC_India of Finance Ministry explores new frontiers for promoting DigitalIndia by adopting Blockchain Technology for tracking movement
A.P. Moller – Maersk enters strategic partnership with Danish Crown on global end-to-end logis
COPENHAGEN : A.P. Moller – Maersk announced the signing of a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business
DP World to develop logistics infrastructure in Jammu Kashmir
NEW DELHI : DP World announced their plans to develop logistics infrastructure in the state of Jammu & Kashmir an MoU was signed between the government of Dubai
Independent container train operation in India by Pipavav Rail Corp
PIPAVAV : Pipavav Rail Corporation Ltd (PRCL) has commenced its independent container train operation in India with the launch of a direct container train service to Jodhpur Inland
Gati strengthens fleet to meet festive demand
HYDERABAD : Gati Ltd, city-headquartered logistics company, has ramped up its network capacity by 25 per cent by adding 100 line haul trucks to its innovative flexi network
Gold imports jump multi-fold to $24 billion in Apr-Sep due: Commerce Ministry
NEW DELHI : Gold imports, which have a bearing on the current account deficit, zoomed to about USD 24 billion during April-September 2021 due to higher demand in
