India’s Q1 merchandise exports may grow to USD 87.2 billion: Exim Bank
NEW DELHI The forecasts are based on India Exim Bank’s Export Leading Index (ELI) model, which has shown an upward movement during the same quarter, it said The country’s total merchandise exports are projected
CONCOR commences Direct Rail Service from Gujarat to Bangladesh
AHMEDABAD : CONCOR ICD Ankleshwar has commenced the direct rail service for transportation of containerized export cargo in CONCOR owned containers from Gujarat to Bangladesh and first such train has departed from ICD Ankleshwar
Cabinet nod likely soon to push Indian-owned ships
NEW DELHI : The Union Cabinet is likely to soon approve a scheme to promote the share of Indian-owned ships in its trade fleet. A subsidy of more than Rs 1,600 crore will be
Vinit Kumar,virtually flags off 40×40 HC Container Rake operated jointly by Maersk Line & Pristine Mega Logistics
KOLKATA: SM Port Kolkata, Chairman, Mr. Vinit Kumar, virtually flagged off 40×40 HC Container Rake operated in joint collaboration by Maersk Line & Pristine Mega Logistics from ICD Chawapayal in Ludhiana to KDS.A New
Major container lines announce shipment suspensions worldwide
SINGAPORE : CMA CGM and Hapag-Lloyd have announced shipment suspensions in several regions across the world. The French shipping group said that all reefer shipments to Cabinda in Angola are suspended due to ongoing
‘Failure Not an Option’ as IMO Opens MEPC 76 Climate Meeting
LONDON : The much anticipated meeting of the International Maritime Organization’s (IMO) Maritime Environment Protection Committee (MEPC), officially MEPC 76, kicked off its first two days of sessions this week before taking a weekend break. Most
Shipping has a new association, the M7
LONDON : Leaders of many of the world’s largest economies have descended upon Cornwall in southwest England this week for the annual G7 summit. Inspired by the gathering, shipping has created a brand new
Ind-Ra assigns JSW Shipping & Logistics A-plus with stable outlook
MUMBAI : India Ratings and Research (Ind-Ra) has assigned JSW Shipping and Logistics Pvt Ltd (JSLPL) a long-term issuer rating of A-plus with stable outlook. JSLPL’s two-member board wholly comprises representatives from the JSW