December 31, 2025
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North Asia-to-USWC rates lower as short-term capacity relieves supply shortfalls

October 11, 2021 International Shipping, Trending News
North Asia-to-US West Coast all-inclusive rates continued to edge down in the week ended as additional ship charterers entered the market, while Southeast Asia-to-US premiums rebounded. “Some carriers are offering lower rates to the

Toymakers in US race to get products on shelves amid supply clogs

October 11, 2021 International Shipping, Trending News
NEW YORK : Running out of time to get its products on store shelves ahead of the holidays, the Basic Fun toy company made an unprecedented decision: It’s leaving one-third of its iconic Tonka

Shipping Minister Shri Sarbanand Sonowal launches ‘MyPortApp’ for digital monitoring of port operati…

October 9, 2021 Trending News, Maritime
KOLKATA : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal launched a port mobile application called MyPortApp in Kolkata . The App includes all port details digitally and monitor operations virtually. Targeted

Haldia Dock is an important part of India’s EXIM trade: Sarbananda Sonowal

October 9, 2021 Trade, Trending News
KOLKATA : Union Minister for Ports, Shipping & Waterways, Shri Sarbananda Sonowal said that Haldia Dock is an important part of India’s EXIM trade and is a lifeline connecting North East India to Bangladesh

Gadkari emphasises on reducing logistics costs below 10 pc

October 9, 2021 Logistics, Trending News
NEW DELHI : Union Minister Nitin Gadkari on Friday emphasised for reduction of logistic costs below 10 per cent for making the retail market more competitive and boosting economic growth. Gadkari said the government is focusing

Goyal pushes for a reset of India-ASEAN FTA

October 9, 2021 Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal has called for a renegotiation of the India-ASEAN free trade agreement (FTA), to prevent its misuse by ‘third parties’ and remove trade restrictions as

P L Haranadh takes over as Chairman of Paradip Port Trust

October 9, 2021 Ports, Trending News
PARADIP : Shri P.L. Haranadh took over the post of Chairman of Paradip Port Trust (PPT) on Thursday. An IRTS officer of 1994 batch, he has studied MSc & Ph.D. from Indian Agricultural Research Institute, Pusa,

Tata Sons wins Air India bid for Rs 18,000 cr

October 9, 2021 Trade, Trending News
MUMBAI : Tata Group chairman emeritus Ratan N Tata on Friday welcomed back his treasured Air India to the salt-to-software conglomerate after 68 years as the Union government announced the company as winning bidder for the

APM Terminals to appoint Birna Ósk Einarsdóttir as new Chief Commercial Officer

October 9, 2021 Terminal, Trending News
Birna Ósk Einarsdóttir will join the APM Terminals Senior Management Team as Chief Commercial Officer (CCO) and be based in The Hague starting in January 2022. SINGAPORE : An experienced leader with background in

PSA Singapore Receives Environmental Award

October 9, 2021 International Shipping, Trending News
SINGAPORE : PSA Singapore has received Singapore’s President’s Award for the Environment for its significant efforts towards reducing carbon emissions in its operations through electrification and use of cleaner fuels, improving energy management, and
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