Global trade to recover faster from pandemic than 2008 financial crisis, survey shows
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a
Privatisation force BPCL to halt work on ₹11,130-crore polyol plant in Kochi
The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is being done as BPCL prefers to wait for the
Ocean carriers striving hard to manage supply chain disruptions caused by Covid-19, says analysis
Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage. When demand dropped some 20-30% in Q2 2020, carriers curtailed services and
Amazon India launches startup accelerator programme to boost exports
Amazon India on Tuesday launched Amazon Global Selling Propel (AGSP), its accelerator programme which will help early-stage consumer products startups go global. For the programme, Amazon has partnered with the Indian government’s Startup India, Invest India initiative,
Concor launches Container train service from Shalimar to JNPT
NAVI MUMBAI: Container Corporation of India Ltd (Concor) has introduced a container train service from its container terminal at Shalimar, to the Jawaharlal Nehru Port (JNPT, NhavaSheva). This will act as a gateway port
Uttar Pradesh retains 5th position in terms of exports from India despite the pandemic
Uttar Pradesh has been taking long strides of growth in terms of economic activity and exports under Yogi Adityanath government. Under his visionary leadership, the state managed to battle Covid-19 pandemic in an effective
Hapag-Lloyd deploys extra-loader for easing disruptions in India
HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has invested in additional services to ease the build-up of
Record Container throughput in Antwerp Port limits losses in 2020, the year of Coronavirus
ANTWERP: The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes of cargo, a fall of 3.1% compared with the previous year. Thanks to the buoyant container throughput rates,