Bokaro Steel purchases first freight train
BOKARO : The steel giant Bokaro Steel Plant (BSL) purchased its first goods train (rake) for the transport of iron ore. The entire train of 59 wagons costs around Rs 20 crore. The company
Kerala Maritime Board demands extension of coastal shipping subsidy
KOCHI : The Kerala Maritime Board (KMB) has recommended to the State government the extension of the subsidy scheme to take freight operators away from the State’s congested and accident-prone highways to the coastal
Gold imports jump multi-fold to $7.9 bn in April-June quarter
NEW DELHI : Gold imports, which have a bearing on the country’s current account deficit, jumped multi-fold to USD 7.9 billion (Rs 58,572.99 crore) during the April-June 2021 quarter due to low base effect
Maersk to launch direct ocean service from Chennai to Europe
CHENNAI : Global shipping line Maersk has redesigned its ocean network to introduce a new direct ocean service from Chennai to Europe and the Mediterranean to help retail and lifestyle customers in South India
South African ports crippled by cyber attack
Transnet, the operator of South Africa’s major ports and a national freight rail line, was hit by a major cyber attack , further disrupting operations at Cape Town and Durban, which have also been
New trade data exchange to allow better tracking of cargo, optimise supply chain logistics
SINGAPORE : Logistics and shipping firms will be able to securely share more data on the movement of goods when a new trade data exchange is rolled out in 2022, enabling them to optimise operations.
A new delivery of emergency humanitarian aid to Lebanon led by 12 major donors and the CMA CGM Foundation
• 136 tonnes of humanitarian cargo – medicines, medical equipment, powdered infant formula – transported for the benefit of 10 NGOs and 3 Lebanese hospitals. • An initiative carried out with 12 major
Amazon India launches specialised warehouse in Patna to support local sellers
HYDERABAD : Amazon India said it has expanded its fulfilment network in Bihar with the launch of a new specialised fulfilment centre (FC) in Patna. With a storage capacity of close to 3 lakh
Act to ensure safe trade through inland waters to be enacted soon
NEW DELHI : To promote economic and safe transportation and trade through inland waters and to bring uniformity in the application of law relating to inland waterways and navigation within the country, India is
Giant giraffe to enter Hakata Port
A big giraffe will appear at the container terminal of the Hakaka port in the southern Japanese city of Fukuoka, as the city will repaint a large quay crane with a giraffe pattern. Fukuoka