Basmati exports slip on high freight rates, container shortage
NEW DELHI : Higher ocean freight rates and shortage of containers continue to hamper Basmati rice exports from India, while importers, too, have deferred their purchases awaiting the arrival of the crop. According to
Parties Sign MoU for Joint Discussions on Ship-to-Ship LNG Bunkering in Western Japan
TOKYO : Itochu Enex Co., Ltd. (head office: Tokyo; President & CEO: Kenji Okada ), Kyushu Electric Power Company, Incorporated (head office: Fukuoka; President & CEO: Kazuhiro Ikebe), Saibu Gas Co., Ltd. (head office:
Sarbananda Sonowal reiterates commitment to enhance share of renewable energy to 60 per cent of power demand at major ports
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal has said that India intends to increase share of renewable energy to 60% of total power demand of each of its
JM Baxi is planning upto Rs 2,500 Crore IPO
MUMBAI : Mumbai-based logistics firm JM Baxi Group plans to raise ₹2,000-2,500 crore through an initial public offering, people aware of the development said JM Baxi, backed by global private equity fund Bain Capital,
APM Terminals Pipavav becomes first Indian Port to connect with Western Dedicated Freight Corridor
PIPAVAV : APM Terminals Pipavav becomes the first Indian port to connect with the Western Dedicated Freight Corridor (DFC). The port achieves this milestone with the completion of high-rise overhead electrification of the port
Vanijya Saptah a huge success which needs to be Institutionalised: President, FIEO
NEW DELHI : Speaking at the conclusion of the Vanijya Saptah, Shri Piyush Goyal, Hon’ble Commerce & Industry Minister said that the weeklong celebration and business has rejuvenated the exporters across the length and
All outdated importer-exporter code to be de-activated from Oct 6
NEW DELHI : The Importer -Exporter Code is a key business identification number that is mandatory for exports or imports and no person shall make any import or export except under an IEC number
A.P. Moller – Maersk to divest its container manufacturer to CIMC
China International Marine Containers Ltd., a global leader in logistics and energy equipment, will acquire the A.P. Moller – Maersk owned Maersk Container Industry, a leading manufacturer of refrigerated containers. This finalizes Maersk’s strategic