Port congestion in Germany forces 2M Alliance to AE7/Condor service adjustments
SINGAPORE : The largest container alliance in the world, 2M Alliance comprising Maersk Line and MSC has announced changes in its AE7/Condor service on North Europe to Far East network. Maersk said that as
Third-largest port in the world remains partially shut down; Industry reacts
NINGBO : The world’s third-busiest port, Ningbo-Zhoushan in China, remains partially shut down as investors and US markets assess potential economic reactions. The closure could lead to new disruptions in global trade, stalling economic recovery.
China shipbuilding indexes continue to rise
According to the statistics released by China Association of the National Shipbuilding Industry (CANSI), China’s shipbuilding output for January to July 2021 was 24.18m dwt, an increase of 20.7% year on year, while the
Union Commerce & Industry Minister Piyush Goyal meets export community, discusses measures to boost exports
Minister exhorts exporters to rise to the ambitious challenge of $400 billion export target for 2021-22 Target $2 trillion exports by 2030: Commerce Minister “We can sort out FTAs fairly quickly, if the areas
DP World reports strong 1H2021 financial results
DUBAI This significant growth once again demonstrates that we are in the right locations and a focus on origin and destination cargo will continue to deliver the right balance between growth and resilience. Sultan
FIEO welcomes stakeholders discussion with CIM on measures to boost exports
NEW DELHI : Welcoming the Hon’ble Commerce & Industry and Textiles Minister’s initiative of meeting and discussing issues and measures to boost exports with the trade and industry, FIEO President, Dr A Sakthivel said
Cabinet to soon weigh National Logistics Policy aimed at reducing elevated costs
NEW DELHI : The Cabinet will soon take a proposal on the National Logistics Policy that aims to reduce elevated costs – long blamed for eroding the competitiveness of Indian exporters – from the
A.P. Moller – Maersk opens an Inland Container Depot at Novorossiysk, Russia.
Maersk´s first Russian Inland Container Depot will create over 48 jobs and add needed storage/cross-dock capacity to relieve strained supply chains. St. Petersburg : Novorossiysk is the largest port on the Black Sea. Connected