Fire erupts on brand-new boxship carrying 25 tons of nitric acid off Sri Lanka
COLOMBO : A fire erupted on the 2,743 teu X-Press Pearl yesterday afternoon off Colombo. The ship, which was carrying around 25 tons of nitric acid among is cargoes, radioed for help and the Sri Lankan
C.H. Robinson handled Heavy Transformers for Africa
MUMBAI : C.H.Robinson India has executed couple of shipments of Heavy Transformers in Q1 of 2021. Three Important aspects towards which we really paid lot of attention even before submission of our commercials – 1)
India’s wheat exports face disruptions on localized shutdowns, port delays: sources
NEW DELHI : India’s wheat exports have hit a roadblock over the past few weeks as the coronavirus pandemic has forced shutdowns and impacted key operations across the country, sources told. Apart from emerging
Govt cuts sugar export subsidy to Rs 4,000 a tonne on global price rise
NEW DELHI : The Centre on Thursday slashed subsidy on sugar exports from Rs 6,000 per tonne to Rs 4,000 per tonne with immediate effect in view of firm global prices. However, trade sources
Mapping and logistics startup NextBillion raises $6.25M
SINGAPORE : NextBillion, a geospatial data startup that provides software-as-a-service products for enterprises, today announced it has raised $6.25 million from Microsoft venture fund M12. The firm’s investment extends NextBillion’s $7 million series A
Stranded Australian Coal Cargo Arrives in China After 356 Days at Sea
Bloomberg : The Jag Anand, stranded off the Chinese coast for 356 days with Australian coal, left the port of Jingtang yesterday after delivering its cargo, according to shipping data analyzed by Bloomberg. Chartered by Cargill
To save jobs of seafarers, allot vaccines to MPT, begin jabs
GOA : While other states have given priority for vaccinations, the Goa government continues to show lack of foresight and pro activeness, said the Goan Seamen Association of India (GSAI) here on Friday. GSAI
Maersk CEO says Virtual Capital Markets Day Event May Become New Norm
COPENHAGEN : The world’s largest shipping company may never go back to in-person capital markets days, as the pandemic looks set to leave a permanent mark on some corporate traditions. “I think it will