India needs policy push to emerge as farm machinery export hub : NCAER
NEW DELHI : The supply-side challenges can be addressed by measures like promoting R&D in non-tractor farm machinery and encouraging exports and FDI India needs a vision for
India and UAE explore virtual trade corridor to fast-track shipments
NEW DELHI : India and the UAE are exploring creating a virtual trade corridor to facilitate quicker clearance of shipments. Under the proposal, approvals and clearances related to
Top 11 liner operators to receive 89 large vessels in 2023
FRANCE : As a result of frenzied newbuilding orders in 2020 and 2021, the world’s 11 largest container carriers are scheduled to receive 89 large container ships in
Double digit growth in exports is commendable amidst challenging global trade environment : Preside
NEW DELHI : Speaking on the sidelines of FIEO’s Foundation Day related event, Dr A Sakthivel, President, FIEO said that the aggregate exports of the country in the
4 more Ro-Ro services from Mumbai probably in next 18 months
MUMBAI : After the success of the Ro-Ro (roll on-roll off) service between Mumbai and Mandwa, four more services are expected to take off to Mora, Kashid, Dighi
Indian Railways is going to introduce OTP-based digital locking soon for freight-package trains
NEW DELHI : The Indian Railways will soon introduce a digital locking system based on OTP to prevent thefts on board its freight and package trains, a senior
World’s largest LNG bunkering vessel-‘Hai Yang Shi You 301’ completes 1st ship-to-shi
SHENZHEN : China’s first domestically built LNG bunkering vessel has completed its first ship-to-ship bunkering operation. The bunkering op was completed on January 18 and it saw the
NVOCCs or Freight Forwarders spend 80% of their time fixing problems : Christian Roeloffs
DENMARK : Christian Roeloffs, co-founder and CEO, Container xChange, said the number of processes involved in sourcing and transporting a container, and the low-tech nature of those processes,
FMC in tussle with MSC over $1,000 surcharge
WASHINGTON, D. C. : The Ocean Shipping Reform Act of 2022 (OSRA 2022) broke new ground, in creating mechanisms for cargo interests to challenge charges initiated by carriers
Empty containers accumulate in Chinese Ports, highlighting weak demand
SHANGHAI : Within a space of a year, the catch-phrase in the liner industry has gone from “containers are hard to come by” to concerns of a container