AHMEDABAD : Adani Ports and Special Economic Zone Ltd, India’s largest ports and logistics company, on Monday, said it has received approvals from the National Company Law Tribunal (NCLT) for acquiring the remaining 58.1
GENEVA : In the wake of mounting tensions in the Red Sea, FIATA has released a call to action for strengthened international dialogue and monitoring between governments and industry decision-makers to ensure maritime supply
CAPETOWN : Mediterranean Shipping Company S.A, the world’s largest container shipping line, has suspended two services from India, one destined for the U.S. and the other for the Mediterranean. Concurrently, French carrier CMA CGM
MUMBAI : Mahindra Logistics Limited (MLL) on Tuesday announced the construction of its warehousing facility in Phaltan, near Pune with an investment of Rs 170 crore. Spread over 6.5 lakh square feet (sq ft),
NEW DELHI : The Finance Ministry has increased import duties on gold and silver findings, as well as coins of precious metals, to 15%. This comprises a Basic Customs Duty (BCD) of 10% and
NEW DELHI : As the eagerly awaited Interim Budget for 2024-25 approaches, all eyes are on the potential windfall for Indian Railways. Analysts are speculating that Finance Minister Smt. Nirmala Sitharaman is poised to
NEW DELHI : India’s ‘Make in India‘ push may continue in the upcoming interim Budget as the central government is likely to majorly address the issue of inversions in custom duties imposed on various
HONG KONG : Hapag-Lloyd is disadvantaged in Gemini Cooperation, the upcoming collaboration between the German operator and its Danish peer Maersk Line, according to Linerlytica, which opined, “Hapag-Lloyd will be entering the partnership in
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to shift to rival vegetable oils available
LONDON : A European freight forwarder has accused the lines of creating “artificial demand” by blanking sailings and talking up a looming empty box crisis. The forwarder, who wanted to remain anonymous, claimed that
