DGFT should be rechristened to something more facilitative: Piyush Goyal
NEW DELHI : Commerce and business minister Piyush Goyal on Monday mentioned he has recommended that the Directorate Normal of International Commerce be rechristened to “one thing extra facilitative, one thing extra collaborative”. Whereas
Calcutta Port Trust posts 26% surplus hike
KOLKATA : Despite cargo traffic volume coming down 4.14 per cent, the port managed to log in a 7.3 per cent rise in revenue and a 26 per cent hike in surplus, backed by
Suez Canal Authority Holding Ever Given Over $916 Million Compensation Claim
CAIRO,(Reuters) – A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916 million compensation claim against the ship’s Japanese
Indian iron ore exports ramp up
NEW DELHI : Indian seaborne iron ore exports increased by 47% in March to 6.6m tonnes, the highest monthly total on record, Braemar ACM data shows. The majority of cargoes headed to China, with
Record container carrier profits on course to extend for a further two years
BEIJING : After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner industry could double that in Q1 this year. Cosco Shipping told analysts last
Flipkart Enters Into Strategic Partnership With Adani Group To Strengthen Logistics And Data Centre Capabilities
Bengaluru : Flipkart, India’s leading homegrown e-commerce marketplace, today announced a strategic and commercial partnership with the Adani Group, India’s largest multinational infrastructure company. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, the largest
MSC Launched a new connection between Asia and Europe
MSC is pleased to announce the launch of a new intermodal solution between Asia and Europe available from today. This new offer will combine both combine sea and rail service departing from China, Korea
India to manufacture containers in Bhavnagar, eyes Rs 1,000 cr investment: Mansukh Mandaviya
NEW DELHI : Eyeing indigenous production of containers amid a global surge in demand, the Centre is looking to develop Bhavnagar in Gujarat as a container hub and has set up pilot projects for