APSEZ’S rail cargo handling grows 22% in FY23
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the port and logistics division of Adani Group, on Wednesday said it handled its highest-ever rail cargo of
MSC containership fleet to hit 5m teu capacity this month
GENEVA : MSC is set to be the first container line to have fleet of 5 million TEUs in capacity later this month according to analyst Alphaliner. MSC
A.P. Moller – Maersk announces ‘Al Maha’ Ocean Service connecting the Middle East and West Afr
DUBAI : A.P. Moller – Maersk (Maersk) announced ocean shipping service, ‘Al Maha’, that will commence its rotation in June 2023. The ‘Al Maha’ service will rotate between the
Joerg Sonne appointed Senior Managing Director of Hapag-Lioys’s North Europe Region
HAMBURG : Mr. Joerg Sonne will become Senior Managing Director of Hapag-Lloyd’s North Europe Region, succeeding Martin Rolf, who will take over the position of Managing Director Human
Goyal meets Mr. Breton on the sidelines of the 1st Ministerial meeting of India EU Trade and Technol
NEW DELHI : Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Shri Piyush Goyal held a bilateral meeting with the European Commissioner for
The missing piece in the National Logistics Policy is Supply Chain Financing
Besides emphasis on upgrading physical and digital infrastructure, a financial intermediary that performs working capital management for buyers and suppliers and smoothes their cash flow problems will complete
Tiruppur and Noida apparel exporters are in plan for periodic shutdowns
TIRUPPUR/NOIDA : Due to a lack of international orders, clothing exporters in Tiruppur and Noida have opted to close their manufacturing facilities for 10 to 15 days per
CBIC : Circular on Amnesty scheme for one time settlement of default in export obligation by Advance
NEW DELHI : The CBIC has issued Circular No. 11/2023-Customs dated May 17, 2023 regarding the amnesty scheme for one time settlement of default in export obligation by
Ahead of joining BRICS, Iraq issues ban on U.S. Dollar transactions
TEHRAN : The Interior Ministry of Iraq issued a ban on U.S. dollar transactions across the country. Iraq is one among the 24 countries that have shown interest to join
Over 15,000 ships could be recycled by 2023, up more than 100% on the last 10 years
COPENHAGEN : “Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be
