MSME 45-day payment rule : Traders to urge new NDA govt for up to 180-day time limit
NEW DELHI : Traders’ body Federation of All India Vyapar Mandal (FAIVM) will urge the new NDA Government to extend the time period for payment to MSMEs from their
Great Eastern contracts to buy a 2013-built MR product tanker
MUMBAI : Great Eastern Shipping Company has contracted to buy a Medium Range product tanker of about 49,990 dwt on 06 June 2024. The 2013 built vessel is
GRSE signs $16.6 million contract to supply an advanced dredger to Bangladesh
KOLKATA : Garden Reach Shipbuilders & Engineers Limited (GRSE) has signed a significant contract with the Bangladesh Inland Waterways Transport Authority (BIWTA), to build a Trailing Suction Hopper
MSC launches new Carioca Service connecting Asia to South America East Coast
GENEVA : MSC is delighted to announce the launch of its new weekly service – Carioca – connecting Asia and South America East Coast. It will provide additional coverage as
CMA CGM updates freight rates worldwide
MARSEILLE : CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West Mediterranean, East
PIL launches Academy to strengthen workforce competencies in maritime transport and logistics
SINGAPORE : Pacific International Lines (PIL) has launched its learning and development centre of excellence, the PIL Academy, to provide training in maritime and transport logistics for all
6th edition of Indian Navy- Royal Navy of Oman staff talks conducted
NEW DELHI : Towards further strengthening the existing Defence relations between India and Oman in the maritime domain, 6th edition of Staff Talks between Indian Navy (IN) and
Chinese exporters vying for slots on container ships face months of anxiety : DHL
SHANGHAI : A shortage of slots on container vessels leaving China, which has caused a surge in freight rates, is unlikely to ease in the coming few months
Container spot rates expected to rise in June again
LONDON : Fears over a shortage of capacity have continued to push up container freight rates over the past week, hitting levels only previously seen during the pandemic.
US bridge closed after MSC container ship lost control at ‘full throttle’
CHARLESTON : A major bridge in Charleston, South Carolina, was temporarily closed on Wednesday afternoon after a crew lost control of a large container ship after it left
