CMA CGM, Chery Auto and CEVA Logistics sign MoU to advance Global Automotive Logistics Collaboration
WUHU, CHINA : CMA CGM Group, a global player in sea, land, air and logistics solutions, CEVA Logistics, a global leader in third-party logistics, and Chery Auto, China’s largest passenger vehicle exporter, have signed a Memorandum of Understanding
Strait of Hormuz “closed to all vessels,” says Iran’s IRGC amid escalating tensions
TEHRAN: Iran’s Islamic Revolutionary Guard Corps (IRGC) said the Strait of Hormuz will be “closed to all vessels” following new US strikes on Iran, warning that any ship attempting to pass through the waterway
“We’re going to be attacking them very hard”: Trump vows renewed strikes on Iran
WASHINGTON DC: US President Donald Trump on Wednesday (local time) said that the United States would resume attacks on Iran, as he voiced frustration over Tehran’s delays in concluding the deal with Washington. Speaking
Over 100 million oil barrels, 200 ships moved safely through Strait of Hormuz: Trump
WASHINGTON DC: US President Donald Trump on Wednesday (local time) said the United States has successfully ensured the safe passage of commercial shipping through the Strait of Hormuz. He claimed that a secret military
Congestion at ports causes by West Asia crisis, exporters name liners’ as-‘opportunistic pricing’
NEW DELHI : Amid logistical disruption due to the West Asia crisis, Indian exporters are grappling with mounting financial burden posed by “opportunistic” pricing practices by foreign shipping lines and “non-transparent” imposition of detention,
“US-India partnership has never been stronger”: John Cornyn congratulates PM Modi on record tenure
WASHINGTON DC: US Senator John Cornyn on Tuesday (local time) congratulated Prime Minister Shri Narendra Modi on becoming India’s longest-serving elected Prime Minister, noting his leadership has spanned 4,399 days across three democratic mandates.
JNPA announces 50% Ground Rent Waiver for Import-Laden Containers to Support Trade and Ease Congestion
NAVI MUMBAI: In a significant relief measure for the trade and logistics community, the Jawaharlal Nehru Port Authority (JNPA) has announced a 50% reimbursement of ground rent on import-laden containers that have incurred ground
PM Modi, Kuwait’s Amir hold talks on West Asia situation
NEW DELHI: Prime Minister Shri Narendra Modi on Tuesday held a telephone conversation with the Emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al Sabah, the Prime Minister’s Office said in a statement. The two