CU Lines buys maiden in-service ship for new service from Wan Hai
SHANGHAI : China United Lines (CU Lines) has acquired its first in-service ship. The Chinese state-controlled liner operator had been operating liner services with chartered vessels, until it acquired a ship from Wan Hai
Shipping container crisis will possibly continue until mid-2022
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation has been exacerbated by a shortage
DP World targets SMEs with launch of trade finance platform
DUBAI : Dubai-headquartered logistics firm DP World has launched a new fintech platform covering trade, logistics and inventory finance, which aims to boost support to SME importers and exporters. Live since October 13, the
DHL Express, opened India’s largest Express terminal in Bengaluru
BENGALURU : DHL Express, opened India’s largest Express terminal in Bengaluru on Thursday. Spanning over 112,000 sq feet, it is over four times larger than the previous facility and is equipped with best-in-class technology.
Coal Minister suggests using Paradip Port Trust as coal hub
: PARADIP : Asking authorities of the Paradip Port Trust (PPT) to explore the feasibility of using the port as a coal hub, Coal and Mines Minister Shri Pralhad Joshi Thursday directed officials to fully utilise the available facilities for increasing coal
Samba to get Dry Port, industrial sector to boost
NEW DELHI : Determined to revive the industrial sector, the Centre has already announced a special industrial package worth Rs 28,000 crores for Jammu and Kashmir industries under New Industrial Policy with reformed modalities
Handicraft exports grow 60 pc during Apr-Sept: Govt
NEW DELHI : India’s handicraft exports during the first six months of the current fiscal stood at Rs 15,995.73 crore, the textiles ministry said on Thursday. This represents a growth of over 60.34 per cent
