MSME exporters are worst hit due to increased freight charges and doubled turnaround time
NEW DELHI : The prolonged Russia-Ukraine and Iran-Israel conflicts coupled with the economic instability in American and European markets have had a crippling impact on the MSME sector. Increased freight charges, doubled turnaround time
US-led forces intercept Houthi missile and drones targetting ‘MV Maersk Yorktown’
WASHINGTON : A coalition vessel successfully engaged one anti-ship ballistic missile launched from the Iranian-backed Houthi “terrorist-controlled areas” in Yemen over the Gulf of Aden, the US Central Command said on Thursday. “The
India and Iran will sign the Chabahar contract after 2024 elections
NEW DELHI : India and Iran have signed a long-term deal to develop Chabahar Port after two decades of painfully slow negotiations with the oil-rich Gulf state, periodically hampered by geopolitical tensions, according to
KPMG in India and Arkieva announce an alliance to drive digital supply chain solutions
MUMBAI : KPMG in India, one of India’s leading professional services firms, and Arkieva, a global leader in supply chain planning solutions, on Wednesday announced a strategic alliance to deliver successful supply chain transformation projects.
FMC refuses to comment on contradictory D&D rules claim
WASHINGTON D.C. : The Federal Maritime Commission (FMC) has refused to comment on claims by the World Shipping Council (WSC) that its interpretive rule on detention and demurrage (D&D) charges is contradictory. On 18
370 tonnes of imported potatoes still wait for unloading at Benapole
DHAKA : Around 370 tonnes of potatoes, which are waiting to be unloaded four days after being imported from India have started to rot, due to severe heat sweeping across the country in Bangladesh.
MSC makes $700m Gram Car Carriers takeover bid
GENEVA : The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies. SAS has put forward a cash offer for all
DP World promotes transparent sustainable infrastructure development
DUBAI : DP World has published a Sustainable Development Impact Disclosure (SDID), making it the first company globally to adopt and disclose its development impact in countries of focus following the recently released impact