Diversion on NH 48 for Construction of Dwarka Expressway
NEW DELHI : To facilitate construction of the Dwarka Expressway, NHAI has diverted traffic between Mahipalpur & Rajokari on NH 48 for 500 meters in Delhi/NCR. Facilitating the
DB Schenker uses ultra-thin high-tech labels for shipment tracking
ESEN ( GERMANY) : DB Schenker is the first logistics provider from Europe to offer global tracking of freight shipments with the new ultra-thin tracking label by high-tech
Cosco Shipping Ports invests in Egypt’s Ain Sokhna container terminal
SHANGHAI : Cosco Shipping Ports announced its investment of a 25% stake in a new container terminal at Egypt’s Ain Sokhna Port. The company has signed project agreement
Bimco launches campaign to accelerate uptake of Electric Bills of Lading
COPENHAGEN : The use of electronic bills of lading (eBLs) increases efficiency, reduces costs and improves the overall transparency and security of trade. In contrast, paper bills of
FMC imposes nearly US$1 million fine against Wan Hai
NEW YORK : The Federal Maritime Commission (FMC) has confirmed a fine of US$950,000 against Wan Hai Lines. The Taiwanese box line has also agreed to refund charges
Baltic index snaps 19-session winning streak as larger vessels weigh
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its 19-session winning streak on Thursday, weighed by weakness in
California and Japan sign agreement for clean ports and green shipping industry
TOKYO : The governments of California and Japan announced a new collaboration aiming to clean up a critical link in the global supply chain by cooperating on strategies
India’s port sector is growing rapidly and contributing to economic progress : PM
NEW DELHI : The Prime Minister, Shri Narendra Modi has lauded the achievements of Tuticorin VOC port a Y-o-Y growth of 11.35%. The Port has handled 36.03 Million
PM Gati Shakti Regional Workshop to be held in Srinagar
NEW DELHI : PM Gati Shakti Regional Workshop is being organised in Srinagar, Jammu & Kashmir on 17th & 18th March, 2023 under the Chairmanship of Special Secretary,
CRISIL predicts India’s GDP growth at 6 pc in FY24
NEW DELHI : CRISIL forecsted it expected India’s gross domestic product (GDP) growth to touch 6 per cent in fiscal 2024, compared with 7 per cent estimated by
