CHENNAI : A direct container shipping service will be available for the trade between Chennai and China with DP World, a global logistics provider, recently hosting the inaugural call for the Far East India
HAMBURG : German box line Hapag-Lloyd announced a new General Rate Increase (GRI) from India to Ghana and Nigeria for cargo transported in 20’ and 40’ dry containers, including high cube equipment. The Hamburg-based
By Sushil Rathi, Director at Allcargo Supply Chain India has jumped six places on the World Bank’s 7th edition of Logistics Performance Index (LPI 2023) to rank 38th among 139 countries. India was ranked 44th in 2018
NEW DELHI : Power PSU REC Ltd and public lender Punjab National Bank on Tuesday inked an agreement to co-finance projects in power, infrastructure and logistics projects. The two entities will jointly finance loans
NEW DELHI : India will set carbon emission reduction targets for four fossil fuel dependent sectors, as the Asian country looks to align its industry with the country’s greenhouse emissions reduction target, two government
GEORGIA : The ship recycling market has witnessed the most interest from India this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “India once again seems to be at
LONDON : The IMO-UNEP-Norway Innovation Forum 2023 will take place as part of the World Maritime Day celebrations. The 2023 theme is “MARPOL at 50 – Our commitment goes on”. Topics will include: Environmental performance; reducing plastic litter from ships; supporting innovation in marine
DAMMAM : Alan Murphy, CEO and founder of Copenhagen supply chain analyst Sea Intelligence,has warned of widespread service cancellations on major trade lanes across the Pacific Ocean and between Asia and Europe between now
SEOUL : Major South Korean shipping line HMM announced the expansion of ICN (Intra-Asia Cross Network) container service. Starting on 9 October, HMM’s renewed ICN service will provide a convenient shortcut, seven-day route from
EGYPT : The Panama Canal has announced that it will modify the variable component of the Fresh Water Charge (FWC) which will take effect on 1st October. As part of the Canal’s efforts to