Maersk and Hapag-Lloyd Gemini Alliance will seek to reduce costs
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water.
Niti Aayog comes up with roadmap to boost exports from MSME sector
NEW DELHI : Niti Aayog has made a case for a single information portal for exporters to promote e-commerce exports and improve access to finance, especially for micro,
DGFT signs agreement with DHL to make MSMEs in 76 districts export-ready
NEW DELHI : The Directorate General of Foreign Trade (DGFT), an arm of the Commerce and Industry Ministry, on Thursday signed an agreement with global logistics service provider
DGFT enhances trade facilitation with amendments in Para 4.06 and Para 4.14 of the Handbook of Proce
NEW DELHI : The DGFT issued Public Notice No. 15/2023 dated March 14, 2024, which amends Para 4.06 and Para 4.14 of the Handbook of Procedures 2023. This amendment
Container rates drop to unsustainable levels : Maersk CEO
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent
Hapag-Lloyd records third-highest group profit in history despite significant financial declines
HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively.
Mawani records growth in Imported Containers by 16.88% and Cargo Throughput Tonnage by 1.44% in Febr
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to
Bangladesh opens land port, no infrastructure across the border
DHAKA : The construction of Balla land port infrastructure has been completed in the Kedara court area near the Bangladesh-India border in Chunarughat of Habiganj at a cost
67th Meeting of Network Planning Group under PM GatiShakti evaluates five infrastructure projects
NEW DELHI : The 67th meeting of Network Planning Group (NPG) was held on 12 March 2024 here, under the Chairpersonship of Additional Secretary, Department for Promotion of Industry and
FFFAI celebrates International Women’s Day initiating on-job training for underprivileged
MUMBAI : The International Women’s Day celebrated on 8th March 2024 at the headquarters of the Federation of Freight Forwarders’ Associations in India (FFFAI) would be another milestone