DFC likely exempt from 18% GST, boosting Indian Railways revenue model
NEW DELHI : India’s Dedicated Freight Corridor, a special-purpose vehicle of the Indian Railways, is likely to be exempted from the purview of an 18 per cent GST,
India is hoping of exports more than $800 billion this year, first quarter crosses $200 billion : Co
NEW DELHI : India is hopeful of exceeding $800 billion in exports this fiscal year with overall exports crossing $200 billion in the first quarter of the fiscal.
FMC issues request for additional information regarding Gemini Agreement
LONDON : A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week because more information is needed by
CMA CGM introduces US$1,000 surcharge from India West Coast to East Africa and Indian Ocean
MARSEILLE : French ocean carrier CMA CGM has notified its customers of an upcoming Peak Season Surcharge. This surcharge will be effective from 1 August 2024 (based on
CSP’s Abu Dhabi Terminal’s cumulative throughput exceeds 5 million TEUs
ABU DHABI : On July 5th, (COSCO SHIPPING Ports)CSP’s Abu Dhabi Terminal surpassed 5 million TEUs in throughput. Since its opening in December 2018, the terminal has launched
OOCL achieves growth in both revenue and volumes
SINGAPORE : Orient Overseas Container Line (OOCL) has announced increased revenues and volumes in the second quarter of the year compared to the same period in 2023. In
Maersk introduces SH3 Ocean Service between China and Bangladesh, adding capacity, flexibility and e
COPENHAGEN : A.P. Moller-Maersk launched a new ocean shipping service between China and Bangladesh to meet the growing trade demand, especially in the retail industry. The new service,
How ‘Make in India’ and NLP Initiatives Strengthen India’s Shipping and Logistics
One of the biggest logistics industries globally, India connects various sectors by offering supply chain, warehousing, and transportation solutions from suppliers to customers. This industry is critical to
Pause in Transpacific rate surge
SHANGHAI : Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight Index (SCFI) closed
House of Shipping appointed as Strategic Marketing and Communications Advisor for Gulftainer
DUBAI : House of Shipping, a leading provider of business consultancy and advisory services in the maritime, shipping and logistics industries, announced it has signed an agreement with