NEW DELHI :The Union Government has urged manufacturers in the white goods sector to apply for the Production-Linked Incentive (PLI) scheme. Reacting to the muted response thus far, the Department for Promotion of Industry
GENEVA : MSC has successfully moved a 390-tonne hydraulic hammer from Rotterdam to Singapore. Measuring 25.7m long (4.55m wide and 4.82m high), this is the heaviest piece of cargo MSC has ever transported. Its
LONDON : DP World is expanding its rail capacity between two of the UK’s largest container ports with the launch of a second weekly rail service connecting the London Gateway and Southampton logistics hubs.
DHAKA : The United Arab Emirates (UAE) is keen to invest in Chattogram port for the financial benefit of both countries. UAE Ambassador to Bangladesh Abdullah Ali Al Hamoudi expressed interest in a meeting
MUMBAI : DHL Express, the world’s leading international express services provider, announced price adjustments today that will take effect on January 1, 2025. The average increase in India will be 6.9%. “We are committed to
HELSINKI : MacGregor, part of Cargotec, has secured an order to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs), with an option for eight additional vessels. The vessels will be built at
WINSEN (LUHE) : In September 2024 Höpen GmbH, a family holding, has ended its engagement at Becker Marine Systems and sold all its shares. As per its mission statement, Höpen GmbH will focus on
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across all vessel segments. The overall index, which factors
GANDHIDHAM : Deendayal Port Authority, Kandla is proud to announce a significant milestone in cargo handling, achieving 70 MMT this fiscal year—a remarkable feat accomplished 16 days ahead of the previous fiscal. Last year,
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal on Saturday called for increased usage of made-in-India goods in order to promote domestic manufacturing and cut the country’s imports. Speaking at the
