ONE adds Hakata in JVH Service
SINGAPORE : Ocean Network Express (ONE) announced that it will add a call at Hakata in Japan to its weekly Japan Vietnam Haiphong (JVH) service, linking Haiphong in Vietnam with Hakata in travel times
Agility: Logistics Execs See 2023 Recession as “Likely” or “Certain”
DUBAI : Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain COVID, Russia’s war in Ukraine, and the impact of
CMA CGM Foundation is mobilizing its logistical expertise to help the earthquake affected populations
MARSEILLE : Following the earthquake that struck Türkiye and Syria, and as part of French and international solidarity efforts, the CMA CGM Foundation is mobilizing its logistical expertise to help the affected populations. In
Turkey’s Iskenderun Port fire may cause trade loss of around US$680 million : Russel Group
ANKARA : According to Russell Group, a data and analytics company, the container fire at the Port of Iskenderun in Turkey, caused by the heavy earthquake, can generate US$680 million of trade disruption. The analysis
Saudi Arabia showcases its development at ZAKAT Tax and Customs Conference 2023
RIYADH : At the invitation of Mr. Suhail Abanmi, Governor of ZAKAT, Tax and Customs Authority of Saudi Arabia, WCO Secretary General, Dr. Kunio Mikuriya, visited Riyadh, Saudi Arabia on 8 and 9 February
Future Fuels and Technology Project to inform GHG Strategy update : IMO
LONDON : Research into the availability and preparedness of future low- and zero- carbon marine fuels and technology is being conducted as part of a new project. The preparedness and availability of low- and
India’s defence exports worth nearly Rs 1 lakh cr now: PM Modi in Rajya Sabha
NEW DELHI : Prime Minister Shri Narendra Modi on Thursday detailed the employment opportunities that have arisen in the nine years of his government’s tenure so far while also stressing on the ‘Aatmanirbharta‘ (self-reliance)
Govt set a target of ₹6,700 Cr in the port and shipping sector for FY24
NEW DELHI : The Central Government has set a target of ₹6,700 crore from asset monetisation in the port and shipping sector for FY24. Key projects on the block include ₹2,000 crore berth at the
Adani Ports to buy Karaikal Port for Rs1,500 Cr under bankruptcy law : Karan Adani
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) is awaiting approval from a bankruptcy court in Chennai to buy indebted port company Karaikal Port Pvt Ltd for Rs1,500 crores under India’s bankruptcy
Export Refinance Facility for augment export credit and increase in interest subvention under IES to 5 and 3 percent respectively for MSMEs & eligible categories need of the hour : President, FIEO
NEW DELHI : Reacting to the increase in the Repo Rate by 25 basis points with immediate effect to 6.5 percent, FIEO President, Dr A Sakthivel said this increase is in line with the