Govt exempts 5% integrated GST on ocean freight imports from October 1
NEW DELHI : The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1. The Finance
India and US discuss opportunities to further strengthen interoperability, logistics cooperation
WASHINGTON : Underscoring the transformative momentum in the India-US relationship, officials of the two nations held discussions on opportunities to further strengthen interoperability and logistics cooperation. During the
World Maritime Day 2023 highlights marine environment protection
LONDON : IMO’s commitment to the preservation of the marine environment underlined on World Maritime Day 2023. This year sees the 50th anniversary of the adoption of the
Maritime sector at pivotal decarbonisation moment, says UNCTAD
GENEVA : Shipping has reached a decisive moment in the green transition process with the UN trade body UNCTAD calling on the industry to establish a global regulatory
‘Vivad Se Vishwas Scheme’ approves over 10,000 claims worth Rs 256 Crore for MSMEs withi
NEW DELHI : In a significant development benefiting Micro, Small, and Medium Enterprises (MSMEs), various Ministries and Departments of the Government of India have approved over 10,000 claims
India to have fastest GDP Growth among major economies : Reuters poll
LONDON : India’s gross domestic product (GDP) is expected to grow 6.2% in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year,
COSCO Energy and COSCO Bulk issue first eBLs with GSBN
SHANGHAI : Global Shipping Business Network (GSBN) announced that COSCO SHIPPING Energy Transportation (COSCO Energy) and COSCO SHIPPING Bulk (COSCO Bulk) have joined the consortium as members and
Kuehne+Nagel and Capgemini agree to join forces to deliver an end-to-end supply chain capability
PARIS/SCHINDELLEGI : Kuehne+Nagel and Capgemini announced that they have entered into a strategic agreement to create an industry-leading supply chain orchestration service offering to provide end-to-end services across
Remote-controlled robot uncovers $80 million cocaine shipment hidden in ship’s hull at Port Melbou
MELBOURNE : A shipment of approximately 200 kilograms of cocaine was discovered hidden within a ship’s hull with the help of a remote-controlled robot. The estimated value of
RightShip unveils port and terminal risk management solution
MELBOURNE : RightShip, Environmental, Social and Governance (ESG) focused digital maritime platform, has unveiled PortRISK, an innovative new risk management solution aimed at transforming operational efficiency and decision
