Qupital Welcomes HSBC and Citi as Senior Investors of Securitization Facility
HONG KONG : Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, is pleased to announce the successful refinancing of its securitization facility, where HSBC joins Citigroup as
FFFAI joins Gujarat Maritime Cluster at a meeting in GIFT City
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI), under the leadership of Chairman Mr. Dushyant Mulani, organized a delegation visit for its members to the Gujarat International Finance Tec-City (GIFT City)
Saudi seaports see 8% increase in cargo handling
RIYADH : Saudi seaports witnessed an annual 8.09 percent increase in the volume of cargo handled during May, reaching over 27.63 million tonnes. Official data released by the Saudi Ports Authority, known as Mawani, revealed
ONE and Freightliner adopt HVO fuel to power rail cargo journeys in UK
LONDON : Following a successful 6-month pilot, Ocean Network Express (ONE) UK in partnership with Freightliner will extend their commitment to use Hydrotreated Vegetable Oil (HVO)100 fuel for all cargo transportation via rail. A 100% renewable
SeaLead launches AWC (Asia West Coast) Service connecting China, South Korea and US West Coast
SINGAPORE : SeaLead announces the commencement of its new direct liner shipping service, linking China with South Korea and the US West Coast. The AWC (Asia West Coast) service will connect key Chinese ports
Modi Cabinet 3.0: Nitin Gadkari retains Ministry of Road Transport and Highways
NEW DELHI : Shri Nitin Gadkari has been allotted the ministry of road transport and highways by Prime Minister Shri Narendra Modi. Modi, who took oath as the prime minister of India for a
Modi Cabinet 3.0: Ashwini Vaishnaw retains Railways and IT, gets I&B Ministry
NEW DELHI : Modi Cabinet 3.0 shows that Shri Ashwini Vaishnaw has retained the Railways Ministry and IT Ministry besides getting one heavyweight portfolio – Information and Broadcasting. Vaishnaw held the Railway Ministry since July 2021. He had replaced
Kolkata to Shanghai direct cargo link established to boost trade
KOLKATA : In a significant development for trade and logistics in Eastern India, the Syama Prasad Mookerjee Port, Kolkata (SMPK), has initiated a direct container vessel service from Shanghai, China. This move is set