Folk Maritime completes order of 5,600 dry containers
RIYADH : Folk Maritime Services Company, an emerging leader in regional liner and feeder services, has finalized a strategic agreement with Shanghai CIMC Yangshan Logistics Equipment for the order of 5,600 state-of-the-art shipping containers.
India unveils vision for groundbreaking Middle East-Europe Economic Corridor
NEW DELHI : India has outlined plans for its ambitious project IMEC (India-Middle East-Europe Economic Corridor) as it takes shape. The IMEC comprises two separate geographical corridors, said Shri Kirti Vardhan Singh, the Minister
Small cargo services from Nagapattinam to Kankesanthurai to begin by January 20
NAGAPATTINAM : In a bid to revitalise trade in Nagapattinam and the neighbouring delta districts, the Nagapattinam district administration is set to launch a small cargo service between Nagapattinam and Kankesanthurai in Sri Lanka
Railway Minister calls for threefold boost in safety and innovation to modernise Rail Infrastructure…
NEW DELHI : Railway Minister Shri Ashwini Vaishnaw has asked for a threefold increase in efforts taken for safety, maintenance, quality, and training to modernise railway infrastructure and to provide a world-class experience to
Historic Rail Connectivity at CONCOR’s GCT-Varnama
VADODARA : In a significant development for India’s logistics sector, CONCOR has established rail connectivity for the Gati Shakti Multi-Modal Cargo Terminal (GCT) at Varnama with the Western Dedicated Freight Corridor (WDFC). On December
India signs USD 350 million loan agreement with ADB to strengthen Multimodal and Integrated Logistic…
NEW DELHI : The central government and the Asian Development Bank (ADB) signed a USD 350 million policy-based loan under the second subprogram of Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program. The Ministry
PM Gati Shakti is redrawing India’s infra map
NEW DELHI : The 85th meeting of the Network Planning Group (NPG) under the PM Gati Shakti initiative recently assessed five transformative infrastructure projects, comprising two railway projects and three highway development projects that
India-Iran-Armenia trilateral is crucial to Indian’s search for alternative trade routes
NEW DELHI : Recent cataclysmic events in Syria may have rendered India’s search for alternative and faster trade routes more critical. Last year during the G20 summit in Delhi India, together with the Saudi