December 31, 2025
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G7 nations pledge support to specific infra projects like IMEEC Corridor

June 18, 2024 Logistics, COMMERCE, Economy, Global Trade, Trade, Trending News
APULIA : The Group of Seven (G7) nations have pledged support to specific infrastructure projects like the India–Middle East-Europe Economic Corridor (IMEEC) in their joint statement released after the end of their three-day summit in Italy. The G7 aims

Logistics industry hoping for consistency in growth policy, continued infra push, tax reforms, finan…

June 18, 2024 Logistics, COMMERCE, Economy, Finance, Trade, Transport, Trending News
NEW DELHI : When India awaiting the announcement of the Union Budget 2024 date by Finance Minister Smt. Nirmala Sitharaman, the logistics industry is expecting consistency in policy, technology and infrastructure-led reforms, from the

Maersk wins a heavy lift contract from Vestas : Powertrains for one of the world’s largest wind turb…

June 18, 2024 Logistics, Project Cargo, Rail Freight, Trending News
COPENHAGEN : Besides integrated logistics for conventional, containerized products, Maersk offers also out-of-gauge and special cargo shipments as part of its Maersk Project Logistics (MPL) business. Another example for these heavy lift capabilities of

Spot rate growth slows but ocean container shipping market will remain extremely challenging

June 18, 2024 Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
OSLO : Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking

Essar to invest Rs 30,000 Cr in green hydrogen plant in Gujarat over 4 yrs

June 17, 2024 Fuel, Infrastructure, LNG, Logistics, Transport, Trending News
MUMBAI : Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as

Opportunities and Challenges in Road Logistics & Indian Trucking Industry

June 17, 2024 Logistics, Infrastructure, Rail Freight, Transport, Trending News
By Mr. Gurdeep Singh, Chairman & Founder, Jujhar Group India’s burgeoning e-commerce sector is revolutionizing the logistics landscape, creating a fertile ground for the growth of road logistics. By 2027, the Indian road logistics

Ocean freight rates in rough waters on congestion, Red Sea crisis

June 17, 2024 Container, EXPORT, International Shipping, Logistics, Shipping Line, Trade, Trending News
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices

Bridging East & West, Russia’s Buddy Kazakhstan key player to boost Global Trade via ‘Middle Co…

June 17, 2024 International Shipping, Foreign Ports, Global Trade, Logistics, Transport, Trending News
The European Union and Kazakhstan have been partners since the implosion of the Soviet Union in 1991. The two sides signed an Enhancement Partnership and Cooperation Agreement (EPCA) in 2015, which cemented their bilateral

ECU Worldwide of Allcargo Logistics, partners with ShipBob for freight services

June 15, 2024 Logistics, Company, Global Trade, Trade, Trending News
MUMBAI : ECU Worldwide, a wholly-owned global subsidiary of Allcargo Logistics, on Thursday said it has partnered with ShipBob to offer its ocean and air freight services to the latter’s receiving hubs and fulfilment

Praveen Kumar selected as MD for DFCCIL

June 15, 2024 DFC, Infrastructure, Logistics, Trade, Trending News
NEW DELHI : The Public Enterprise Selection Board (PESB) on Wednesday selected Praveen Kumar for the post of Managing Director, Dedicated Freight Corridor Corporation of India Limited; a Schedule ‘A’ Central PSU. A total four people were
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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