Ong Kim Pong appoints as the new CEO of PSA
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong currently the regional CEO of Southeast
DP World raises $1.5 billion for decarbonization
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant
Maersk signs deal with Starlink for its Ocean fleet
COPENHAGEN : A.P. Moller – Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by SpaceX. Maersk’s more than 330 own operated
DPIIT revises white goods PLI scheme : Beneficiary must get cost certificate for sales
NEW DELHI : The government has revised the guidelines for the Rs 6,238 crore production-linked incentive scheme (PLI) for white goods as per which the companies selected under the programme will have to submit a certificate
Two Railway Companies-IRCON International Ltd. and RITES Ltd have been granted “Navratna”…
NEW DELHI : IRCON International Ltd. and RITES Ltd. informed the exhcanges on Thursday, October 12, that they have been granted the “Navratna” status by the Government of India. As a “Navratna” company, a
Export-import through Benapole suspended over truck driver’s death in India
DHAKA : Exports and imports between Bangladesh and India through Jashore’s Benapole landport have remained suspended since Thursday morning due to a barrier by India’s Border Security Force (BSF) to return the body of
Carriers and forwarders to lose mark-up on THC collection in Dubai
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections. According to a decree by the
The WCO officially presents its new mobile app during the WCO Technology Conference in Hanoi, Vietna…
BRUSSELS : The World Customs Organization (WCO) is pleased to present its new mobile application “HS Browse & Check”, a mobile application designed to provide customs professionals and international trade enthusiasts with convenient access
John-Kaare Aune to leave the Wallem Group, John Rowley appointed as next CEO
HONG KONG : The Board of Directors of Wallem Group on Thursday announced that John-Kaare Aune will be stepping aside as Wallem Group’s CEO and after a period of transition will leave in January
Fastro Lifting System Nominated for Heavy Lift Awards
DE GROON ( THE NETHERLAND) : Fastro’s modular and ergonomic lifting system has been nominated for the HLPFI Heavy Lift Awards. The patented Fastro system introduces a new technique in heavy lift operations for