NEW DELHI : The Ministry of Commerce and Industry has announced a two-month extension of the Interest Equalisation Scheme (IES) on pre- and post-shipment rupee export credit, with a notable modification. According to a
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) announced receiving a letter of intent (LoI) for the development, operation, and maintenance of Berth No. 13 at Deendayal Port. The LoI, awarded through a
GENEVA : FIATA International Federation of Freight Forwarders Associations and TT Club, the market-leading international freight transport insurer, are excited to unveil this year’s outstanding regional achievers of the Young Logistics Professionals (YLP) Award
HANOI : International Federation of Freight Forwarders Associations (FIATA) President Turgut Erkeskin stressed that Vietnam has potential to become a regional and international logistics center during a meeting with Prime Minister Pham Minh Chinh
MARSEILLE : The 18,000 TEU container vessel CMA CGM Benjamin Franklin encountered severe weather off the coast of South Africa, resulting in the loss of 44 containers and damage to 30 more boxes. This
SINGAPORE : Container re-handlings on large vessels berthed at PSA Singapore (PSA) grew by 8 per cent in the first half of 2024 over the previous year. According to the port, this is due to
OSLO : Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released by Xeneta and Container Trades Statistics. In
SINGAPORE : Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and causing delays in the movement of consumer goods. Around 20 container vessels are anchored in
LONDON : Severe weather conditions near the Cape of Good Hope have brought container traffic to a halt this week, according to analysis by LSEG Shipping Research. Container shipping around the Cape of Good
DUBAI : Shipstar, a leading provider of ship chandling services, has announced the appointment of Mr. Arul Prabeen Albert as General Manager, marking a new chapter in the company’s journey. Mr. Arul succeeds Simone
