SINGAPORE : Ocean Network Express (‘ONE’) and Seaspan Corporation (‘Seaspan’) concluded their second joint crisis management drill on 14 February 2023. Building on lessons learned from the inaugural joint drill in December 2021, representatives
TOKYO : On February 15, NYK has concluded a time charter contract with Siemens Gamesa, the world-leading provider of wind power solutions, for a crew transport vessel (CTV)* for an offshore wind power generation
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI) held its 12th Executive Committee (EC) Meeting in Ahmedabad on February 10 and 11, 2023, which was hosted by Ahmedabad Customs Brokers Association
NEW DELHI : Though monthly January 2023 merchandise exports continue to remain in the negative territory, dipping by 6.58 percent at USD 32.91 compared to USD 35.23 billion of January 2022, however April-January FY
NEW DELHI : Indian Railways is determined to reduce logistics cost from around 14 percent of GDP to under 10 percent while the National Rail Plan targets an increase in the share of railways
MUMBAI : The railways is facing an unprecedented congestion on the tracks in the Nagpur-Bhusawal section. This has delayed the movement of export-bound containers and also the inward movement of imports, said sources. Sources
AHMEDABAD : Adani Enterprises Ltd reported a consolidated net profit of Rs 820 crore for the quarter ended December, against a net loss of Rs 11.63 crore a year ago. Their total income rose 42 per
BAHRAICH : The Adani Group has proposed to invest Rs 1,800 crore to develop agriculture and logistic hub in Bahraich, keeping in view the huge agriculture possibilities in Terai region. The project would directly engage about
ESSEN(GERMANY) : First-of-its-kind agreement between a freight forwarder and a shipping line. At least 30,000 standard containers (TEU) will be transported on the world’s oceans with net-zero emissions in 2023. Certified sustainable, second-generation biofuels
GENEVA : MSC has committed to transition to a fully standardized electronic Bill of Lading (eBL) by 2030, with an intermediate target of 50% within five years. This milestone moment represents a significant step
