NEW DELHI : In a thorough update presented in the Rajya Sabha, Union Minister for Road Transport and Highways, Shri Nitin Gadkari, detailed the extensive initiatives undertaken by his Ministry regarding the development and
NEW DELHI : Union minister of Commerce and Industry Shri Piyush Goyal announced restoration of GJEPC, which allows import duty exemption on cut and polished diamonds up to a specified limit. GJEPC has been recommending
NEW DELHI : Bangladesh garment and knitted fabric sector was facing a “bit of uncertainty” but expressed hope that the country’s interim government would resolve the situation soon and protect India’s investments in the
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates,
NEW DELHI : Aiming to enhance logistics efficiency, reduce congestion, and improve connectivity nationwide, India took a significant leap by introducing 8 national high-speed road corridors spanning 936 kms. With an investment of Rs
NEW DELHI : With massive investment in capacity augmentation, Indian Railways (IR) has been trying very hard to attract non-bulk traffic for more than a decade now, but with limited success. It is also a matter
BEIJING : The China-Europe Railway Express operated a total of 11,403 trains that transported nearly 1.23 million twenty-foot equivalent units (TEUs) of goods in the first seven months of this year, up 12 percent
NEW YORK : The New York Shipping Exchange has modified its operating strategy, responding to a significant shift in how customers contract for container shipments. Rather than focusing largely on drafting contracts, the over-the-counter exchange now
NINGBO : A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises serious safety concerns. “This type of incident should never happen
VANCOUVER : The containership new building market has accelerated notably in 2024 and at a very high pace over the last couple of weeks. Seaspan Corporation has given a large order for a series
