HAMBURG : Container xChange, an online container logistics platform, has published its recent research report ‘The benefits of digitalizing container operations’. The report is based on a market survey of more than 1000 logistics
KOCHI : Air Intelligence Units (AIU) of the Customs Department seized 1899.04 grams of gold worth Rs 1.01 crore at Kochi Airport in two instances. The accused have been identified as Subair Sulaiman, a
BEIJING : Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. This marks a significant milestone
NEW DELHI : Union Minister of Ports, Shipping & Waterways and AYUSH, Shri Sarbananda Sonowal said FY23 saw India’s major ports reach unprecedented heights, setting new records across various key performance indicators. Speaking at
KOLKATA : The Sittwe Port in Myanmar funded by India under the $500 million Kaladan Multimodal Transit Transport Project will start operations in May with the inaugural run of a ship from Netaji Subhas
NEW DELHI : ICICI Bank on Friday announced that it offers Rupee Vostro Account to enable Indian exporters and importers to pay and settle export-import transactions in Indian Rupees (INR). The proposition reduces the foreign currency risk
NEW DELHI : India and Bangladesh have agreed in principle to use local currency for trade in a boost for India’s efforts to internationalise the rupee, reduce dollar demand and cushion Indian exports amid
AHMEDABAD : Maruti Suzuki has plans to set up a car production factory in Gujarat. The company has plans to extend its capacity to 10 lakh cars per annum with an investment of Rs
CHENNAI : The ₹5,885-crore Chennai Port to Maduravoyal elevated expressway project has attracted 13 bidders, including Afcons, Tata Projects and Kalpataru Power Transmission. The project is being taken up in four sections with Afcons
NELLORE : Vijayawada division, South Central Railways, commissioned Bharat Petroleum Corporation Limited’s (BPCL) Gati Shakti rail multi-modal cargo terminal (GCT) at Krishnapatnam in Nellore . The new terminal will handle outward traffic of petroleum
