Marine Aids to Navigation Bill introduced in Lok Sabha
NEW DELHI: With technological changes taking place at a fast pace in marine navigation, a bill to provide for a fresh framework to establish and manage vessel traffic services was introduced in Lok Sabha
Gati targets 3x growth, to invest Rs. 100 crores in FY 21-22
MUMBAI: Gati-KWE Limited, an Allcargo company has launched advanced air freight solutions for pharma, electronics and auto ancillaries. The company has also earmarked a budget of Rs 100 crores for infrastructure and technology development
Container freight stations should be allowed to handle more logistics services, domestic cargo
NEW DELHI : As the government is working on a new multi-modal national logistics policy, the Container Freight Stations Association (CFSes Association), whose members have been finding their going tough since 2016, has said
India’s Exports during March 1st to 14th up 17% at USD14 bn
NEW DELHI: Showing healthy signs of revival, India’s exports grew 17.27 percent to USD 14.22 billion during March 1-14 as compared to the year-ago period, according to the commerce ministry’s preliminary data. Imports during
Shreyas Shipping gains on signing memorandum for sale of container vessel
MUMBAI : Shreyas Shipping & Logistics rose 1.26% to Rs 84.40 after the company signed a memorandum of agreement (MoA) for sale of one of its container vessel, SSL Balaji. The scrip extended gains
APM Terminals launches two further APIs this month
APM Terminals launched two further APIs this month and increased the number of terminals providing real-time data via its APIs. The company believes that if other supply chain partners followed this lead, it could
Hapag-Lloyd acquires NileDutch to expand Africa service
HAMBURG : German line Hapag-Lloyd has strengthened its position in the African market having sealed an agreement to acquire Dutch container shipping company NileDutch. With 10 liner services and a fleet of around 80,000
Cotton export demand from China hits new high
NEW DELHI : Export demand for cotton, especially from China, has hit a new high, according to reports. Cotton prices have gained over 10 per cent so far this year following the firm trend