NAGPUR : Union Minister Nitin Gadkari has announced that National Highway Authority of India (NHAI) will purchase the in Wardha district and develop it into a logistic park that will offer export and import
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) will levy a new charge from July 1 for delay in removal of train after completing operations. The charge has been set at ₹5,000
A few weeks into a very substantial port congestion in Yantian caused by a Covid-19 outbreak, supply chain disruptions continue to be very present in global trade. COPENHAGEN : After a six-day stop on
MUMBAI : Apparel Export Promotion Council (AEPC) has urged the state government to create a separate export policy for Tamil Nadu. AEPC chairman A Sakthivel, who met state industries minister Thangam Thennarasu in Chennai
MERSEILLE : CMA CGM has announced the enhancement of its BSMAR service connecting Black Sea and Turkey with Morocco, as from June 2021. The French carrier said that the transit and lead times will
NEW DELHI : India may be slowly easing out of lockdown, but limits on factory production and tight air and sea freight capacity are still jeopardising exports – particularly to the US. Covid restrictions
TOKYO : Mitsui OSK Lines has announced the establishment of “MOL Group Environmental Vision 2.1” as a guide to achieve net zero greenhouse gas emissions by 2050. MOL strives to reduce GHG emissions generated
LONDON : The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate commitments and not
TAIWAN : Evergreen Marine Corporation is piloting the usage of Internet of Things (IoT) technology with Kaohsiung Port’s customs officials. Both sides are aiming to see how IoT technology can ensure the safety of
MUMBAI : Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The country’s foreign
