The Board of Directors of A.P. Moller – Maersk has appointed Chief Technology & Information Officer (CTIO) Navneet Kapoor to its Executive Board with effect from 1 April 2021. The appointment is both a
The Central Board of Indirect Taxes and Customs (CBIC) has notified a new system for filling Bills of Entry (BE) for Import.Tax officials feel the new system will help in a quicker clearance of
Will aggravate the already global container imbalance and increase freight rates in the coming days It was a big relief for the global maritime trade as the container ship ‘Ever Given’ that blocked the
Singapore-listed Mapletree Logistics Trust (MLT) has bought logistics firm KSH Infra from a unit of Morgan Stanley Real Estate Investing (MSREI). KSH Infra owns warehousing properties in Pune. The transaction marks MLT’s entry into
On March 23, 2021, the ultra-large Panama-flagged 20,388-TEUs 400-metre Evergreen-operated container ship MV Ever Given on route from Shenzhen, China to Rotterdam, Netherlands got stuck at Suez Canal and is causing a huge blockage
NEW DELHI: India’s goods exports will stand at USD 290 billion for the financial year ending March, 7 per cent short of the shipments in the previous fiscal, Union Minister Piyush Goyal said recently
MUMBAI: In view of tremendous potential of cross border trade between Bangladesh, Bhutan, India and Nepal (BBIN) Mr Shankar Shinde, Chairman Elect, the Federation of Freight Forwarders Associations in India (FFFAI) has recommended for
The loss of trade per day due to the closure is pegged at close to $9 billion’As the global shipping industry heaves a sigh of relief at the re-floating of the ‘Ever Given’ stuck
EGYPT : Grounded container vessel Ever Given has been fully refloated and is being towed to the Great Bitter Lakes region for its technical examination, Boskalis subsidiary SMIT Salvage said in an update. The
VISAKHAPATNAM : Dr. Sanjeev Ranjan, IAS, Secretary, Ministry of Ports Shipping and Waterways (MoPSW), visited Visakhapatnam Port Trust on Sunday . He was welcomed by Visakhapatnam Port Trust (VPT) Chairman Mr. K. Rama Mohana
